Lion Group to Study Steel Mill
According to reports, Malaysian conglomerate Lion Group is considering plans to build a $7b steel mill in Vietnam as part of its regional expansion. A Lion Group…
Aker Kvaerner Partners with Falck Nutec
Global construction and engineering services group Aker Kvaerner has entered into a partnership with offshore training provider Falck Nutec. Falck Nutec has opened…
Carnival and Orizonia Finalize New Spanish Cruise Operation
multi-ship cruise brand serving the Spanish market. percent. and is expected to be accretive to results in 2008. Carnival group. Cruise Lines' fleet, will be transferred…
MarAd Issues Advisor on Naval Control of Shipping Exercise
The US Maritime Administration (MarAd) issued an advisory notifying operators of U.S.-flag and effective U.S.-controlled vessels that a multi-national Naval Control…
Oceanteam Acquires Stake in new Subsea Services Company
Oceanteam Power & Umbilical ASA announced has signed a Heads of Agreement to acquire 60 percent of a new Subsea Services company against investment within the company.
Shell and PetroChina in Supply Deal for Gorgon LNG
Shell Eastern LNG (Shell) and PetroChina International Company Limited (PetroChina) have concluded a binding Heads of Agreement (HOA) for the long-term supply of…
Seahawk 2007 Strengthens Navy, Coast Guard Maritime Security Team
Members of the Mobile Security Squadron 3 visit, board, search and seizure team approach a vessel they will be boarding as part of exercise Seahawk 2007. Seahawk…
BC Ferries Launches Another Vessel
The hull and superstructure of BC Ferries’ Coastal Inspiration was officially launched at a special ceremony today in Flensburg, Germany. The ship is the second…
Diana Shipping Announces Time Charter Contract for MV Thetis
Diana Shipping Inc. Beijing for one of its Panamax dry bulk carriers, the Thetis, at a gross rate of $60,250 per day for a minimum 11 to a maximum 13 month period.
Noble Takes Delivery of New High-Spec Jackup
Noble Corporation reported that the Company has taken delivery of a new high-specification jackup drilling rig constructed by Dalian Shipbuilding Industry Co. Ltd.
Aegean Marine to Open New Service Center in West Africa
Petroleum Network Inc. an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea…
Global Carriers Awards Contracts to Ningbo Shipyard
Global Carriers Bhd has awarded two shipbuilding contracts worth a combined $21.76m to Ningbo Shipyard Co Ltd. The contracts are for Ningbo Shipyard to build two…
CISC Eyes $928m IPO
According to reports, CSIC is considering launching a domestic initial public offering to raise up to $928m, state media said. CSIC, which controls Dalian Shipbuilding…
Titan Petrochemicals Completes Shipbuilding Transaction
According to reports, Titan Petrochemicals Group has completed the acquisition of a shipyard from its controlling shareholder. The transaction was priced at a significant…
Coast Guard and HAL Co-Produce Training Cd-Rom
Cruise ships operating in Southeast Alaska now have access to an interactive training CD-ROM detailing Coast Guard regulations and procedures in the region. The…
Turkish Shipbuilding Sees Upward Trend
According to The New Anatolian there are over 60 shipyards in Turkey at the moment and this number will reach 125 by the year 2008, the Turkish Shipbuilders' Association (GISBIR).
SAM Electronics Unveils New S-VDR
SAM Electronics, an L-3 company, has introduced a new low cost IMO-compliant, type-approved S-VDR designed for retrofitting to cargo vessels of all types and sizes, the SAM 4330.
Singapore Navy Ship to Gulf
According to reports, a Singapore Navy transport ship has left for the Gulf to support coalition forces, the defence ministry said in a statement. The RSS Persistence…
Kongsberg Develops Simulator for LNG Plant
Kongsberg Maritime's D-SPICE simulation tool has been used to develop and implement a sophisticated Operator Training Simulator for the gas treatment and liquefaction…
ABS Issues Guidance for Protective Coatings
ABS is assisting shipbuilders, ship owners and operators prepare for the new IMO mandated Performance Standard for Protective Coatings (PSPC) (IMO MSC 215(82)) by…