Pakistan President Approves Strengthening Shipbuilding Industry
Pakistan President President General Pervez Musharraf said shipbuilding industry can become the country’s great asset due to its potential and would contribute…
Omega Reports 2Q Results
Omega Navigation Enterprises, Inc., a provider of global marine transportation services focusing on product tankers, announced today its financial and operational…
Euronav Announces Half Year Results
Euronav NV posted a rise in final first half net profit to $135.5m from $124.7m, and said its final first half sales dropped to 329.1 mln usd from 349.1 mln last year.
Panama Canal Releases RFQ
The Panama Canal Authority (ACP) released yesterday a Request for Qualifications (RFQ) for the construction of the new set of locks to be built under the Canal’s Expansion Program.
AHT Built at Sapor Shipyard
AHT Built at Sapor Shipyard Powered by two KTA50M2. The anchor handling tug Omni Akira has now been delivered by Sapor Shipyard of Sibu, Sarawak, East Malaysia.
New Study Details Economic Benefits of U.S. Seaports
Last year, United States deep-draft seaports and seaport-related businesses generated approximately 8.4 million American jobs and added nearly $2 trillion to the economy…
Fairbanks Morse Engine Secures Funding
Fairbanks Morse Engine, an EnPro Industries company, will install low load upgrade kits on the LSD - 41/49 class of U.S. Navy ships following a $4 million federal…
Container ships delayed by Belgian Strike
Reuters reported that more than 41 container ships were stuck outside the Belgian ports of Antwerp and Ghent on Monday due to a strike by pilots, which is to continue on Tuesday…
Superferry Security Zone Enforced
The Coast Guard is enforcing a previously announced security zone around the Hawaii Superferry that extends 100 yards whether it is under way or at anchor. Violations…
NASSCO Begins Construction of New Line of Commercial Ships
General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics began construction of its first product carrier ship for U.S. Shipping Partners. NASSCO is…
Navy Secretary Receives Philadelphia Award
Donald C. Winter, Secretary of the Navy, will receive the Commodore John Barry Distinguished Citizen Award at the annual Navy League Dinner to be held on August 28. Drexelbrook in Drexel Hill. Dr.
Aker Philly Reaches Benchmarks on Tankers
With two tanker vessels already delivered on charter and in service to Overseas Shipholding Group, Inc. (OSG), Aker Philadelphia Shipyard, Inc. (APSI) has achieved…
USS George Washington Gets Underway for Sea Trials
USS George Washington (GW) (CVN 73) left Norfolk Naval Shipyard on Aug. 27 and headed for sea trials. Sea trials, which are expected to be completed later this week…
Rand Logistics Acquires Two Vessels
Rand Logistics Inc. Voyageur group of companies for $23.7m. Additionally, the company entered into a contract of affreightment with Voyageur for the exclusive use of a third vessel…
Coast Guard Determines Cause of Collision
The Coast Guard completed its preliminary investigation of the collision between the tour boat, Spirit of Charleston, and a sailboat July 22 in Charleston Harbor. The Coast Guard charged Captain O.C.
NASSCO Begins Construction of New Commercial Ships
General Dynamics NASSCO began construction of its first product carrier ship for U.S. Shipping Partners (NYSE: USS). NASSCO is building the ship from designs provided…
