NOL to Order Eight 10,000 TEU Ships
Neptune Orient Lines (NOL) intends to invest in eight large, high-speed container ships worth a total of approximately $1 billion, subject to the satisfactory completion…
Konecranes Appoints CFO
Teo Ottola (MSc) has been appointed Chief Financial Officer (CFO) at Konecranes Plc. investor relations. his new position. and will report to Pekka Lundmark, President & CEO.
Big Power for Korean Ferry
The Hankook Shipbuilding Company of Sacheon City Korea delivered in June 2007 a new car ferry to owner Jeong Gyu Sang. A pair of Cummins QSK60-M engines powers the 60.2 by 11 m boat.
IMO Council Agrees on Piracy Initiative
The IMO Council, meeting for its 98th session in London, has agreed further action to address the continuing incidence of acts of piracy and armed robbery against…
Global PCCI Awarded $130m Contract for ESSM
$130,000,000 indefinite-delivery/indefinite-quantity, cost-plus-award fee contract for services to manage, maintain and operate the U.S. Navy's Emergency Ship Salvage…
Boustead Hopes to Secure Contracts
Boustead Heavy Industries Corporation Bhd hopes to secure shipbuilding contracts. The company, formerly known as PSC Industries Bhd and currently undergoing restructuring…
Northrop Grumman Awarded $20m Contract
$20.6m cost-plus-fixed-fee contract on June 25, 2007, for core team and continuous maintenance planning, Extended Dry-docking Selected Restricted Availability planning…
Hawaiian Dredging Construction Company Awarded $11.5m Contract
Hawaiian Dredging Construction Company, Inc., Honolulu, Hawaii, is being awarded $11.5m for firm-fixed-price Task Order #0007 under a previously awarded indefinite…
Electric Boat Corp. Awarded $10m Contract Modification
Electric Boat Corp., Groton, Conn., is being awarded a $10.7m cost plus fixed fee modification to definitize previously awarded contract N00024-96-C-2100, for tasking…
Bunker Surcharge Increase Between Mediterranean and U.S. and Canada
Adjustment Factor (BAF) between Mediterranean ports and the United States and Canada. The change follows the higher oil prices. $ 453 (currently $ 399) per 20 ft. $ 906 (currently $ 798) per 40 ft.
NCS and Alion Partner to Deliver Fuel Monitoring and Optimization Solutions
Nautical Control Solutions, LP (NCS) of Houston, TX announced the signing of a marketing agreement with McLean, Va.-based Alion Science and Technology (Alion). The…
Harlan Doliner Joins Pepe & Hazard
Harlan Doliner recently joined the Boston office of the law firm of Pepe & Hazard, LLP as a partner in the Corporate Financing and Transactions Department, practicing environmental…
Shipyard Accident to Delay Delivery
A $50m clam vessel being built for Clearwater Seafoods Income Fund capsized and sank in shallow waters while being towed from a shipyard in Taiwan to a nearby drydock.
Bourbon Athena Reports Damage in Engine Room
The Athena, a Bourbon multi purpose supply vessel operating under contract with TOTAL E&P Congo, reported a technical incident provoking entry of water in the engine room.
ConocoPhillips and Venezuela Unable to Reach Migration Agreement
ConocoPhillips and the Venezuelan government were unable to reach agreement regarding ConocoPhillips’ migration to an Empresa Mixta structure mandated by Venezuela decree law 5.200.
This Day in Naval History - June 27
1813 - USS President anchors in Bergen, Norway. 1950 - To support United Nations call to assist South Korea, President Harry S. Truman authorizes U.S. naval and air operations south of 38th Parallel…
Coast Guard and Anti-Pollution Vessels from Rolls-Royce
More and more authorities are specifying Rolls-Royce ship designs and equipment for coastguard and anti-pollution vessels. Maritime states are increasingly aware…
K-Sea Partners buying Sirius Maritime
K-Sea Transportation Partners LP said it's buying Sirius Maritime LLC of Seattle and Smith Maritime Ltd. of Honolulu for $205m. New York-based K-Sea is buying 11…
Third Bayport Berth to be Redesigned
TOOA third berth planned at the new Bayport container terminal will be redesigned, after larger than expected ships began calling at the facility. Bayport's lead tenant…
Sperry Marine to Equip INS for Canadian Navy Ships and Subs
Northrop Grumman Corporation has been awarded two contracts from the Public Works and Government Services Canada and the Canadian Department of National Defence…