Holland America Holds Keel Laying Ceremony for Eurodam
Giant cranes lower the first modular section of Holland America Line’s ms Eurodam into place on the construction dock at Fincantieri’s Marghera shipyard near Venice, Italy.
Cummings: Oversight of Safety on Cruise Ships Will Continue
U.S. Congressman Elijah E. Cummings (D-MD), Chairman of the Subcommittee on Coast Guard and Maritime Transportation, led the Subcommittee in conducting a hearing…
GPA-Designed PSV Fleet Expands
Guido Perla, Chairman of Guido Perla & Associates, Inc. said that French marine services provider Bourbon Offshore has placed an order for 4 GPA 670 MKII Methanol…
FPEF II Acquires Hatteland Display
Ferd Private Equity Fund II (FPEF II) has signed an agreement to acquire 90 % of the shares in Jakob Hatteland Display AS (Hatteland Display). panel computer producer Hatteland Display…
ASL Marine Wins Contracts
Singapore shipbuilder ASL Marine said in a statement on Tuesday it has won shipbuilding contracts worth $108.3m. ASL Marine's shipyard unit will construct seven…
Neptune LNG Deepwater Port Project Receives License From MarAd
SUEZ Energy North America's subsidiary, Neptune LNG LLC, announced today that the Neptune offshore LNG facility has received its Deepwater Port License. Neptune…
Korean Shipyards Hold Lead in Market
Yonhap reported that South Korean shipyards have unparalleled competitiveness despite recent challenges posed by Chinese shipyards, industry and government sources said.
Fitch Affirms Carnival's A-Ratings
Fitch Ratings affirmed Carnival Corp.'s issuer default rating, bank credit facility and senior unsecured debt at an investment grade of "A-," due to its strong liquidity position.
ITT Corporation to Pay $100M Penalty and Plead Guilty
ITT Corporation, the leading manufacturer of military night vision equipment for the U.S. Armed Forces, has admitted sending classified materials overseas and will pay a $100 million penalty…
Rand Logistics Purchases Vessel
Rand Logistics Inc. announced that it purchased the Manistee, a self-unloading bulk carrier, for $2.2 million. The Company previously leased the boat from a subsidiary of Sand Products Corporation…
Minesweeper Sailors Make Port Visit to Chinhae Before RSOI / Foal Eagle
Mine warfare ship USS Patriot (MCM 7) is anchored in the waters just off of Hong Kong island as the crew makes a scheduled port visit. Patriot Sailors and embarked…
Hapag-Lloyd is Restructuring Service
Starting end of April, Hapag-Lloyd will operate their own independent service from Northern Europe via Suez direct to Australia/New Zealand that it used to provide with a partner.
SES Signed Contracts for delivery of Electrical and Automation Systems
Bergen, Norway based Scandinavian Electric Systems(SES) has secured orders worth around NOK 350 million for delivery of complete Diesel-Electric propulsion and Automation…
Coast Guard Investigates Barge Allison
Personnel from Coast Guard Marine Safety Unit Huntington, W.Va., are investigating the cause of an allision between the H. Carpenter bridge and the M/V C.J. Queenan in St. Mary's today.
Navy Captain Retires after 26 Years of Service
Navy Capt. Patrick W. Menah, left, and Coast Guard Vice Adm. D. Brian Peterman hold Menah's certificate of appreciation from President George W. Bush at Menah's retirement ceremony…
Bush to speak at Coast Guard graduation Ceremony
President Bush will give three commencement addresses this year, including a speech on May 23 at the U.S. Coast Guard Academy in New London, reported the New Times Live.
Singapore Seeks Update on Granite Barges
Singapore asked Indonesia on Monday for an update on the fate of granite shipments bound for Singapore's booming construction industry that the Indonesian navy detained last month…
Ike’s S-3 Division Receives “Best of Class” Designation
The Supply Department aboard the Nimitz-class aircraft carrier USS Dwight D. Eisenhower (CVN 69) (Ike) received the Atlantic Fleet “Best of Class” designation for…
Aker Yards to Build Supply Vessel
Aker Yards has signed a contract with GDV Shipping AS in Arendal, Norway, to deliver one Aker PSV/ROV 06CD Platform supply vessel. The total value of the contract is approximately $65.5m.