Bocimar Announces Fleet Expansion
CMB confirms that its subsidiary Bocimar International has sold its newbuilding Panamax vessel Jiangnan 2345 (2007 – 76,000 dwt). The net sale price amounts to $65m.
Kearsarge ESG Conducts Rescue at Sea During COMPTUEX
Kearsarge Expeditionary Strike Group (KSGESG) assisted in the rescue of three mariners aboard a sailboat in distress May 18. The crew of the 48-foot S/V (sailing vessel) Sea Fever…
Danaos Secures Charters for Two Containership Orders
Danaos Corporation has secured 18 year bareboat charters for each of two 6,500 TEU containerships. These vessels are part of the recently placed order with Hanjin Heavy Industries & Construction Co.…
Northrop Grumman Presents Risk Reduction Approach to BAMS Program
Northrop Grumman Corporation has unveiled its testing and risk reduction approach for its Broad Area Maritime Surveillance (BAMS) offer to the U.S. Navy. cycle costs. BAMS will supply the U.S.
Expansion Continues at the Australian Marine Complex
The expansion of Western Australia’s shipbuilding capabilities is set to continue with the construction of two crucial common-use facilities at the Australian Marine Complex ( AMC ) at Henderson.
Aegean Marine to Acquire Bunkering Tanker
Aegean Marine Petroleum Network Inc. Shipping AB, an unrelated third party. of the vessel on May 25, 2007, when it will be renamed the Aegean Princess. dwt. The…
Euroseas to Expand Fleet to 11 Vessels
Euroseas Ltd., an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes…
President Bush Delivers Commencement Address at USCGA
The White House released the text of the commencement address delivered by President George Bush at the graduation ceremony at the US Coast Guard Academy in New London, Connecticut.
MarAd Releases Transportation Statistical Snapshot
The Maritime Administration has issued a new publication, U.S. Water Transportation Statistical Snapshot, a pocket-sized reference book containing updated statistics on the U.S.
ABG to Acquire Vipul Shipyard
ABG Shipyard Limited has signed a Memorandum of Understanding (MOU) for acquisition of Vipul Shipyard (Vipul) situated adjacent to the Company’s existing shipyard at Magdalla Port…
China Overtakes Korean Shipbuilding
South Korean shipbuilders were overtaken by their Chinese rivals in new orders acquired in the first four months of the year, a London-based market researcher said on Wednesday.
Multi-Agency Operation Focuses on Containers in Port of Baltimore
The Coast Guard, along with other federal, state and local agencies, will conduct a joint operation today at the Maryland Port Administration's Seagirt and Dundalk…
Teekay, Torm Announce Expiration of Antitrust Review of OMI Aquisition
Teekay Shipping Corporation (Teekay) and A/S Dampskibsselskabet TORM (TORM) announced that the waiting period for response from the Norwegian Competition Authority…
Supplying Fuel, Keeping the Fleet Afloat
The Argentine supply ship ARA Patagonia (B 1) participates in exercises alongside dock landing ship USS Pearl Harbor (LSD 52) to mark the beginning of UNITAS. Navies from Argentina…
PRISCO to Get New Series of Aframax Tankers
On May, 22 the building of a new tanker for PRISCO begun at Hyundai Heavy Industries (South Korea). It is the head ship of the series of 6 ships of 100 thousand tons deadweight.
Krasnoye Sormovo to Build Tankers for Palmali
The ship of 'river-sea' class with 12 cargo and one precipitation tanks of the total capacity of 14,770 cu. m is intended for the haulage of crude and oil products…
COSL Issues Bonds
China Oilfield Services Limited (COSL), the largest oilfield service provider in Asia, has issued corporate bonds valued at 1.5 billion yuan ahead of an expected listing on the mainland stock market…
USN Awards 391 Contractors
The U.S. Navy is awarding indefinite-delivery/indefinite-quantity multiple award contracts to 391 contractors that will provide for their competition for service…
NGSS Wins $20.7m Navy Deal
Northrop Grumman Ship Systems (NGSS-a subsidiary of Northrop Grumman Corporation), Pascagoula, Miss., is being awarded an estimated $20,737,897 cost-plus-award-fee…
