CSIC IPO?
China Shipbuilding Industry Corp (CSIC) will reportedly seek an initial public offering (IPO) in 2007, according to a report on www.chinadaily.com.cn. CSIC is currently…
New Navy Acquisition Deputy Appointed
U.S. "We are pleased to note that the Secretary of Defense has agreed with the position of the Committee on Armed Services that an officer in the grade of Vice Admiral…
Congressman on TWIC: Too Many Questions Remain Unanswered
Congressman Elijah E. Cummings (D-MD), Chairman of the Subcommittee on Coast Guard and Maritime Transportation, convened the Subcommittee to examine the roll-out…
TOTAL Doubles 500 cSt Offering at Fos-Lavera
TOTAL Marine Fuels has doubled its capacity to provide 500 cSt bunker fuel at the French port of Fos-Lavera, near Marseilles. TOTAL began offering the fuel at Fos-Lavera in January of this year…
Quintana Finalizes Timecharters for 9 Ships
Quintana Maritime Limited has secured the final nine Kamsarmaxes under its master time charter with Bunge S.A. for 2010 at an average daily rate of approximately $22…
HIYU to Return to Service
The 34-car M/V Hiyu, the smallest and most unique car ferry in the Washington State Ferry fleet, returns to the San Juan Islands inter-island route this Monday, July 16…
Witte Named Chairman of the American Club
J. Arnold Witte Sr., President and CEO of Donjon Marine, Co., Inc. has been named Chairman of the American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club).
Qatargas 4 Signs LNG Timecharter
Qatargas 4 signed a time charter agreement with Nakilat to use eight of the latter’s mega LNG tankers to ferry liquefied natural gas to QG4 customers worldwide,…
Canada Shipping Act, 2001 Enters Force
The Canada Shipping Act, 2001 (CSA 2001) came into effect on July 1, 2007, said the Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities.
Contract Signed for Winter Rescue Tug Coverage
The Department of Ecology (Ecology) and Crowley Maritime Corp. agreed to continue a contract stationing a company rescue tug at Neah Bay from October 2007 through mid-March 2008.
USCG: Old Ferry Removed for Inspection
Washington State Ferries (WSF) is performing additional hull inspections on the 80-year-old Steel Electric Class vessels, which will temporarily affect the San Juan inter-island run.
Dual-Fuel Propulsion System for LNG Carrier
Hyundai Heavy Industries Co., Ltd. (HHI) has developed the first Korean Dual-Fuel Diesel-Electric (DFDE) propulsion system for LNG carriers. The DFDE propulsion system uses either oil or gas…
Vessel Sale, Leaseback Nets $9m Profit
Hallin Marine entered into an agreement to sell its vessel, SOV Ullswater, for $45million. The agreement will generate a profit to Hallin of approximately $9 million…
STX Raises Target
STX Group, of which STX Shipbuilding Co. is an affiliate, has almost doubled its ship order target to $10 billion according to a report on Bloomsberg. This news…
NOL to Help Develop a New Container Terminal
Neptune Orient Lines (NOL) has been advised by the Port of Rotterdam that a consortium comprising NOL, Hyundai Merchant Marine, Mitsui OSK Lines, DP World and CMA…
EU’s Borg Headlines ISSA Convention
EU Commissioner Dr Joe Borg is set for a public interface with global shipping luminaries when he addresses the International Ship Suppliers Association (ISSA) Convention…
Cameron Receives Subsea Tree Contract
Cameron won a $110m contract to provide 13 subsea trees, manifolds and related equipment for BHP Billiton's Pyrenees project offshore Northwest Australia. Cameron…
All Three Ships at Fault, Court Finds
The US Court of Appeals for the Second Circuit reversed the trial court’s finding that one ship was solely at fault in a collision and remanded the case to the trial court to apportion the fault…
Port Dolphin Energy LNG DWP License Application
The Maritime Administration (MARAD) issued a notice stating that the US Coast Guard intends to prepare an environmental impact statement as part of the environmental…
This Day in Naval History - July 12
1836 - Commissioning of Charles H. Haswell as first regularly appointed engineer officer. 1916 - North Carolina is first Navy ship to carry and operate aircraft.
