Grand Alliance Contract Extended
The Grand Alliance, founded in 1998, is the leading integrated consortium in container liner shipping. Its members are Hapag-Lloyd, MISC Berhad, Malaysia, Nippon Yusen Kaisha (NYK)…
SBX Completes Vessel Conversion
SeaBird Exploration Limited said that the conversion of Munin Explorer to a 2D/Source vessel is complete and she has successfully completed her sea-trials in Egersund.
Aker Kvaerner Acquires Drilling Technology Company
Aker Kvaerner has signed an agreement for acquisition of 50 percent of the shares in the German company Wirth Maschinen- und Bohrgeräte-Fabrik GmbH (Wirth) with…
Wilh. Wilhelmsen Reports Growth
The Wilh. Wilhelmsen ASA (WW) maritime industrial group achieved a growth of $15m in its net operating income, from $53m in the first quarter to $68m in the second quarter of 2007.
Wärtsilä Acquires Electrical Power Engineering
Wärtsilä has acquired a Scottish company Electrical Power Engineering (Scotland) Ltd. The company specializes in electrical power engineering solutions for marine…
Samsung Wins $446m Order
Reuters reported that Samsung Heavy Industries Co. won a $446.1mm order from Europe to build one floating production storage offloading ship. The ships would be delivered by Nov.
BAE Systems Wins N.S. Savannah Contract
The Maritime Administration (MarAd) announced that a $4.1m contract has been awarded to the Norfolk Ship Repair Unit of BAE Systems for dry-docking and maintenance…
APM Terminals Opens in VA
APM Terminals Virginia officially opened its new $450m, 291-acre container terminal (on 576 acres of land) to serve customers in the Hampton Roads region. This maritime center…
Viatran Restructures Company
Viatran announced that it has restructured the company into divisions serving specific market segments. The new Oil & Gas Segment has been created to focus on product…
ACL Acquires EBDG
American Commercial Lines Inc has signed an agreement to acquire the assets of Elliott Bay Design Group, Ltd. (EBDG) a naval architecture and marine engineering firm.
GL Holds Ship Stability Workshop
More than 70 experts from the international maritime industry met at Germanischer Lloyd headquarters to discuss the current status of the development and research in ship stability.
GRL Launches DeepView and DeepLive
General Robotics Limited (GRL) is launching DeepView 2.0 its subsea visualisation software, and DeepLive a real-time data capture module. DeepView 2.0 is an advanced…
Production Begins on Second Ship for Celebrity
Richard Fain, CEO of Royal Caribbean Cruises Ltd., is pushing the button of the plasma torch. Meyer Werft launched the production of the first steel plate for the…
