Maritime Industry May Lack Sensitivity to Psychological Issues
THE London P&I Club has drawn attention to the continuing need for recognition and understanding of psychological disorders affecting those employed in the shipping industry.
SCI Announces New President
The Board of Trustees of the Seamen’s Church Institute of New York and New Jersey (SCI) has called the Rev. David M. Rider to be the organization’s ninth President and Executive Director.
Rolls-Royce Develops Marine Suport Services
Rolls-Royce announced the acquisition of U.S. naval architecture and engineering firm Seaworthy Systems Inc. to improve further its marine support services. Seaworthy Systems Inc.…
Consolidation Brings Bigger Container Ships
The world’s largest container shipping line — the Maersk Line — pressed into service the largest container ship Emma Maersk in September 2006. At 1,58,000 DWT, a length of 397 m…
Korea Unveils Asia’s Biggest Amphibious Landing Vessel
A separate area for female soldiers, a community kitchen which can accommodate 154 soldiers at once, medical facilities equivalent to a hospital complex including…
Industry Leaders to Meet in Dubai
With a weakening dollar, predictions oil could hit $100 a barrel, and a boom in multi-billion dollar refinery construction, finance and shipping leaders will be…
British MoD Denies Report of Royal Navy Ship Reductions
The British Ministry of Defense (MoD) refuted a report that the Royal Navy would reduce the number of ships due to budget pressure. The Sunday Telegraph reported…
UBC Students Fight to Save Testing Facility
Mechanical engineering students at the University of B.C. are petitioning to stop the university from demolishing a unique vessel-testing facility to replace it with condominiums.
Wärtsilä Introduces Upgraded RT-flex50 Engines
Wärtsilä has introduced a new, "-D" version of its RT-flex50 low-speed marine engine type with a higher power rating and lower fuel consumption compared with the existing "-B" version.
Hallin Marine Commissions Analyst Report
Hallin Marine, the AIM quoted provider of subsea solutions to the oil and gas industry, has commissioned an independent analyst to produce a report on the Company…
ONGC Hunts for Partners
Flagship explorer Oil and Natural Gas Corporation (ONGC) could be looking at roping in other shipping companies for a joint venture to manage offshore support operations…
Jindal Shipyards Teams with Korean Co for Maritime Park
Jindal Shipyards, a part of the $8b OP Jindal group, is planning to rope in Korean Maritime Consultants (Komac) for setting up the country’s first maritime technology park…
Peri Yachts Picks Displays at MYS
For the first time, Peri brought one of its Turkish-built yachts to the Monaco Yacht Show. The newly built 29-metre yacht stood out with her golden-looking hull.
PetroQuest Reveals Plans to Sell $50M in Stock
Lafayette, La.-based energy firm PetroQuest announced it plans to sell $50m in Series B cumulative convertible preferred stock. The firm plans to use the proceeds…
Tidewater Elects Day, Announces Sr. Hire
New Orleans-based Tidewater Inc. elected James C. Day to its Board of Directors and reported it has hired Bruce Lundstrom as senior vice president, general counsel and secretary.
This Day in Navy History
1939 - Foreign ministers of countries of the Western Hemisphere agree to establish a neutrality zone around the Atlantic and Pacific coasts of North and South America to be enforced by the U.
New Orleans Selected as Host City for DeepGulf 2007
DeepGulf, a leading technical conference and exhibition focused on the offshore oil and gas industry, is set to be held at the Hilton New Orleans Riverside, Dec. 5-7.
American Commercial Lines Tightens Grain Contract Terms
American Commercial Lines Inc. (NASDAQ: ACLI) announced it has increased its ancillary charges for grain shipments, effective immediately. Gulf reconsignment charges…
Successful Delivery of M/T Anemos I Announced
Capital Product Partners L.P. (Nasdaq:CPLP) announced that it took successful delivery of its thirteenth product tanker, M/T Anemos I, from Hyundai Mipo Dockyard Ltd.…
COSCO Holdings to Build 46 Ships with $2.7b
Hong Kong-listed shipping company COSCO Holdings Co. Ltd. (SEHK: 1919 and SHSE: 780919) plans to build 46 ships with a total of $2.7b. The company is expected to…