Danaos Extends Containership Contract
Danaos Corporation (NYSE: DAC) extended its shipbuilding contracts with China Shipbuilding Trading Company, Limited to include one more 8,530 TEU vessel, bringing the total number to five vessels.
CPP Awaits Two New Tankers
Capital Product Partners L.P. September 20 and September 28, 2007, respectively. respectively. and crude oil worldwide. been fixed under time charters with Morgan Stanley Capital Group Inc. base rate.
This Day in Naval History - Sept. 15
1944 - Invasion of Peleliu, Palau Islands, after several days of intensive carrier aircraft bombing and ship bombardment. 1950 - U.S. forces under Vice Adm. Arthur…
Phoenix Celebrates 10th Anniversary
Phoenix International, Inc., (Phoenix), a marine services company specializing in underwater operations and engineering, celebrates its tenth year of business this month.
Van der Velden Introduces EPS Azimuthing Retractable thruster
Van der Velden Marine Systems has introduced a new version of its award-winning EPS thruster. The new EPS Azimuthing Retractable thruster performs both propulsion and steering duties…
Graphics for BC Ferries to Promote Olympics
The exterior graphic designs have been unveiled for two more Super C-class vessels that will sail from Europe to join the BC Ferries fleet next year. Like the first…
Legislative Setback for LCS
The Senate Appropriations Committee voted to cancel the second of two advanced Navy combat ships – Litorral Combat Ships (LCS) – to be built by General Dynamics, the Washington Post reported.
Navy Rolls Out New Mine Warfare Mission Package
The Navy rolled out its new Mine Warfare Mission Package for the Littoral Combat Ship (LCS) in a ceremony on Sept. 14 at the ARINC Engineering Services facility…
Daewoo Gets $740m in Contracts for Two Vessels
Reuters reported that Daewoo Shipbuilding and Marine Engineering Co. had secured a combined $740m order to build a drill ship and a crude oil carrier. The two vessel…
Reliance Group to Invest in Dredging Market
News sources including The Economic Times of India say the Reliance Group is set to enter the shipbuilding and dredging markets with two separate companies. Sources…
Oceaneering Announces Vessel Charter
Oceaneering International, Inc. Olympic Shipping AS. expected commencement in the third quarter of 2008. This vessel, to be named the Olympic Intervention IV, will…
Statoil and Petrobas to Collaborate
Statoil and the Brazilian oil company Petrobras have signed a long-term strategic collaboration agreement for exploration and production as well as biofuels. The…
LaForce At Full Force
The M/V Michele Gronsoulin alongside at the LaForce Shipyard in Bayou LaBatre. There isn’t much space to spare in Bayou LaBatre?s LaForce Shipyard these days. Back…
Norwegian Tanker Runs Aground
A chemical tanker controlled by Norwegian shipowning firm Odfjell has run aground off Indonesia. Odfjell reported that its chemical tanker Bow Star ran aground after…
Globus to Expand Fleet
Globus Maritime Limited has entered into an agreement with an unaffiliated third party in order to acquire a 1998- built 72,929 dwt geared Panamax bulkcarrier, for an agreed purchase price of $66.8m.
Hearing on Cruise Ship Security
On September 19, the Subcommittee on Coast Guard and Maritime Transportation will conduct an oversight hearing on Cruise Ship Security Practices and Procedures. Source: HK Law
Two Execs Indicted for Rigging Bids
The US Department of Justice (DOJ) issued a news release stating that two executives have been indicted for alleged participation in a conspiracy to rig bids, fix prices…
Bunkering Boats from C&G Boat Works
In most North American ports the bunkering of ships is often done with tank barges. In at least one port lube oils are delivered to deep sea ships at anchor by a…
Aker Yards Signs Contract with Birka
Aker Yards Lifecycle Services and Birka Line have signed a contract for the refurbishment of the spa area on board the Birka Paradise. The contract is worth approximately $2.7m.
North of England P&I Club Renews Commitment to Danish Market
The ‘A’ rated, 75 million GT North of England P&I club reaffirmed its commitment to the Danish shipping industry this week with a reception for members, potential…
