Keppel Corp Wins $206m Contract
Keppel Corp said its unit Keppel FELS Ltd has won a $206m contract from Floatel International Ltd to build a 500-men semi-submersible vessel. The vessel is expected to be delivered by December 2010.
Russia Bans Some Ships from Open Seas
A storm that killed at least six sailors has prompted Russia to temporarily ban rive-class vessels from entering the open sea. The ban on Project 576 and Project…
ROC Navy to Have First Female Warship Captain
A young naval officer will soon become the Republic of China's first female warship captain after completing a series of stringent training and grueling tests. Naval Lt.
New 328-ft. Rescue Ship Unveiled
A new rescue ship was added to maritime service in the coastal city of South China. Designed and built in China, Nanhaijiu 101 is said to be the largest, fastest…
Evergreen Service to Link SE Asia with Australia
Evergreen has reinstated its service linking South East Asia and Australia. Tanjung Pelepas – Singapore – Fremantle – Sydney – Melbourne – Adelaide – Fremantle – Tanjung Pelepas.
Jasper to Buy Offshore Firm Neptune
Jasper Investments said its unit will buy a controlling stake in Cyprus-based Neptune Marine Oil and Gas Ltd for $198.4m. A company statement said that Jasper's…
CNOOC Looks into Australia Offshore Assets
According to reports, CNOOC has hired Macquarie, the investment bank, to advise on the possible acquisition of Royal Dutch Shell's oil assets in Australia's North West Shelf.
Somali Pirates Free Taiwanese Ship
Somali pirates on freed a Taiwanese vessel held since May, following the release a day earlier of two South Korean ships that were then sailed to Yemen under U.S. Navy escort.
Superior Offshore Shares Plunge
Shares of Superior Offshore International Inc., plunged after the company delayed filing its third-quarter financial statement. Superior Offshore shares dropped 77 cents…
OSHA to Hold Maritime Advisory Committee Meeting
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) is holding an open meeting of the Maritime Advisory Committee for Occupational…
Enterprise Carrier Strike Group Performs Exercise
The Los Angeles-class nuclear-powered fast-attack submarine USS Miami (SSN 755) surfaces in the North Arabian Sea during an anti-submarine warfare (ASW) exercise…
Palmali Launches Tanker
Palmali Group shipping company has put into operation a Suezmax tanker that replenished its overall fleet deadweight. The Company reported that the vessel was named…
VPT Attracts Panamax Vessels
The Visakhapatnam Port Trust (VPT), which is continuing its supremacy over other ports in cargo handling, is attracting a large number of Panamax vessels after the…
Global Ship Lease Postpones IPO
Global Ship Lease, Inc. (GSL) announced that, based on unfavorable market conditions, it has decided to postpone its proposed initial public offering (IPO). The…
SeeByte Ltd. Announces New Appointments
SeeByte Ltd., a Scottish software product company announces two new appointments to its technologies team based in Edinburgh. Since its founding in 2001, SeeByte…
Royal Caribbean Cruises Implements Fuel Supplement
In an effort to deal with the sharp increase in fuel prices, Royal Caribbean Cruises Ltd. announced the implementation of a fuel supplement of $5 per guest per day…
Genco Shipping & Trading Ltd. Takes Delivery of Fourth Capesize Vessel
Genco Shipping & Trading Limited (NYSE: GNK) announced that it has taken delivery of the Genco Titus, a 177,000 dwt Capesize newbuilding. The Genco Titus is the…
Aries Maritime Transport Limited Announces 3Q Results
Aries Maritime Transport Limited reported its financial results for the nine months ended September 30, 2007. Revenues of $23.2m were recorded for the three months ended September 30…
Aker Kvaerner Wins China Contracts
Aker Kvaerner takes further strides into the Chinese market by signing two deals with China National Offshore Oil Corporation (CNOOC). One contract is for the delivery…
Globus Maritime Ltd. Announces 3Q Results
Globus Maritime Limited (AIM:GLBS), a marine transportation company that owns and operates Handymax and Panamax dry bulk ocean-going vessels, has announced its trading…
