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…
UK Reports Containers Lost in Rough Seas
The UK Maritime and Coastguard Agency (MCA) said that a general cargo vessel reported that it lost 20 empty containers overboard in rough seas east of the Orkney Islands.
SRI-St. Petersburg Begins Operation of New Unit
Silicon Valley-based SRI International has officially started operations of a new marine technology unit in St. Petersburg, Fla. SRI’s expansion in Florida was…
Coast Guard, Massachusetts to Further Safeguard State Waterways
The Coast Guard and the Commonwealth of Massachusetts today announced the signing of a new partnership agreement that will help the Coast Guard and Massachusetts…
Costa Classica Debuts in Dubai
The Costa Classica made its debut in the Port of Dubai this past weekend. throughout the Gulf region. throughout the 2006/2007 winter season, with additional capacity offered in the 2007-2008 season.
Divers Seal Ruptured Pipeline Off Galveston
Contracted divers for Houston-based Plains All American Pipeline began assessing damage to a ruptured Gulf of Mexico oil pipeline Sunday after the U.S. Coast Guard sealed the break.
Samsung Heavy Expects Fewer Ship Orders
Samsung Heavy Industries said that orders this year for its vessels and offshore platforms may fall as much as 21 percent as demand weakens from three consecutive years of records, Bloomberg reported.
U.S. Pushes Bahamas To Sign PSI
According to reports, U.S. Ambassador to The Bahamas John Rood continues to push for The Bahamas to sign onto the Proliferation Security Initiative (PSI), but according…
Notice for Michigan Ballast Water Treatment
The maritime community is reminded that the Final Determination and Notice regarding Ballast Water Treatment for Oceangoing Vessels on the Great Lakes, issued by…
EPA Issues Rule on Shipbuilding Air Emissions
The Environmental Protection Agency (EPA) issued a direct final rule regarding emission standards for hazardous air pollutants relating to shipbuilding and ship repair (surface coating) operations.
Aker Kvaerner Awarded Drilling Equipment Contract
Aker Kvaerner has been awarded a contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea for delivery of drilling facilities for an ultra deepwater…
Daewoo Forms Joint Venture with Nigerian National Petroleum
Daewoo Shipbuilding & Marine Engineering Co Ltd will enter the shipping business by forming a joint venture company with Nigerian National Petroleum Co, Daewoo Shipbuilding said.
Report: Va. Shipbuilders Unhappy with New Port Security Rules
A federal plan to screen port workers could drive up the cost of building and repairing Navy ships while doing nothing to improve security, industry officials say.
New Tug Put to Work on First Day of Job
It didn't take long for the state to make use of a new rescue tug stationed at the northwestern tip of the Olympic Peninsula. Just before midnight on New Year's Eve…