New Chief Executive for Maritime and Coastguard Agency
The U.K.’s Department for Transport announced the appointment of Peter Cardy as the new Chief Executive of the Maritime and Coastguard Agency. He will succeed John…
ACP Celebrates 7th Anniversary of Canal Management
December 31, 2006 marked the seventh anniversary of the Panama Canal's transfer from the United States to Panamanian operation. At this time, both the value of the…
OSG to Pay $2m in Fines
According to reports, a record $37m pollution fine against a fleet of tankers is expected to pump $2m into marine conservation efforts in the Gulf of Maine. The company paying the fine…
DHS Issues Credentialing Rule
facilities. The rule was posted publicly on TSA's web site Jan. has been delivered to the Federal Register for posting in the coming days. operators. prepare for…
Flensburger Gets Orders for RoRos
Cobelfret NV of Belgium has exercised two options for Flensburger’s ConRo 220 type. The new vessels measure 641 ft. The first vessel will be delivered in November 2010…
ABG Awarded Repeat Order from GACL
ABG Shipyard Ltd shipyard has won a repeat order from Gujarat Ambuja Cements Limited. With this new order the Company has an Order Book. ABG Shipyard nnounced the…
OSHA Issued Notice on Shipyard Safety
The Occupational Safety and Health Administration (OSHA) issued a notice confirming that its incorporation by reference of 19 National Fire Protection Association…
Ensco to Replace BellSouth in S&P 500
Standard & Poor's said offshore drilling contractor Ensco International Inc. will replace BellSouth Corp. in its widely followed S&P 500 index after trading ends Wednesday.
Ships Ready to Repair Undersea Cables
Taiwan's Chunghwa Telecom Co. said two repair ships will soon start fixing undersea cables damaged last week by an earthquake off the island's coast that resulted…
U.S. Provides Ships for Mozambique
The U.S. has donated three ships to Mozambique to boost the country’s capacity for inspection of its waters, following an increase in illegal fishing, an officer…
Eagle Bulk Shipping Secures Long-Term Charters
Eagle Bulk Shipping Inc., a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced that it…
Carnival Signs Letter of Intent for New Ship
Carnival Corporation & plc announced that it signed a letter of intent for a new 116,000-ton ship for its P&O Cruises brand. The new vessel, which will have 3,076 lower passenger berths…
Recent Ship Sales
(Sale Prices in Millions of $) Date Name DWT Built (age) $ BULKCARRIERS 12/04/06 STX QINGDAO 16,500 98( 8) $18.5 12/12/06 ASEAN EXPRESS 17,665 77(29) $2.8 12/04/06 SIDER TIS
Daewoo, NNPC Form Joint Shipping Venture
DSME and the Nigerian National Petroleum Company (NNPC) have signed a Joint Venture Agreement to establish a world class shipping company. The shipping joint venture…
