SS Shoup Enters SRA Period
USS Shoup (DDG 86) ship’s restricted availability (SRA) period began Jan. 10 at Naval Station Everett. Over the next three months, the ships crew, contractors and…
Wärtsilä Acquires Propeller Repair Business
Wärtsilä has signed an agreement to acquire the entire business of the South African company Marine Propeller (Pty) Ltd in Cape Town, South Africa. Marine Propeller…
TEN Announces the Delivery and Charter of Suezmax Tanker
Tsakos Energy Navigation Ltd. Heavy Industries. Suezmaxes to nine of which five are of ice-class design. the fleet's total ice-class capacity in the water now stands at 18 vessels.
Jones Act--Same Negligence Standard
In a case brought under the Federal Employers' Liability Act (FELA), the U.S. Supreme Court ruled that the negligence standard must be the same for the injured employee and the employer.
Construction Begins on BC Ferries New Vessel
BC Ferries announced that construction has begun on the second of the company’s next generation Super C-class vessels at Flensburger Schiffbau-Gesellschaft shipyards.
Identification System Gets Green Light from DHS
The U.S. Coast Guard announced today it received formal approval from the Department of Homeland Security to issue solicitations and award contracts to establish…
Aker Kvaerner Secures Another Floater Installation Contract
Atlantia has awarded Aker Kvaerner a contract for installation of a semi-submersible floating production unit (FPU) for the Thunder Hawk development system in the Gulf of Mexico.
Motia Takes Two New Tankers
tankers. Shipbuilding Co and will enter service with the Handytankers pool. welcome these two new vessels to our fleet. aframaxes from China - all due for delivery between 2007 and 2009.
MISC Sees Soft Shipping Rates Ahead
MISC Bhd expects freight rates for crude oil to remain soft over the next two years as competitors put more new tankers to sea. MISC earns 90% of its profits from…
Aker Yards to Set up in Asia
Aker Yards is taking a strategic position in the fast growing Asian market for offshore vessels by setting up a shipyard in Vietnam. The shipyard will be a joint…
Jobs Set to be Cut by Vosper
According to The News, Portchester-based VT Halmatic has told workers that up to 130 of the 270 workforce could be made redundant. The business has been under threat…
Hornbeck Offshore Lowers Guidance for 4Q
Hornbeck Offshore Services, Inc. announced after an initial review of operating results, it has revised its EBITDA and diluted earnings per share (EPS) guidance…
Ferry Tacoma Awaits Dry Dock
The MV Tacoma, one of two large ferries that run between Seattle and Bainbridge Island, suffered “rudder flop” on Tuesday, January 9, that requires dry docking to repair.
