DryShips Inc. to Acquire Ultra Deep Water Drillships
DryShips Inc., announced that it has exercised its option to acquire two advanced capability drillships for use in ultra deep water drilling locations. The drillships…
ACL Named to EPA's National Environmental Performance Track Program
American Commercial Lines Inc. (ACL) announced that its Transportation Services Division has been named as one of 42 new members of the United States Environmental…
VLCC Attacked off Aden
A Japanese VLCC was reportedly hit by a rocket propelled grenade launched from a small boat 270 miles off the coast of . There appear to have been no injuries and no fire or explosion.
PT PAL Receives to Build Container Ships
State-owned shipbuilding company PT PAL Indonesia has received orders from a Thai shipping company for four container ships measuring 50,000 deadweight ton (DWT).
StatoilHydro & Kongsberg Maritime Join Forces
StatoilHydro and Kongsberg Maritime have made a general agreement for the operation of automation and security systems delivered by Kongsberg Maritime onboard StatoilHydro's installations in the .
Samsung Chairman to Step Down
's most powerful businessman said he is stepping down after 20 years at the helm of the Samsung group, following his indictment for tax evasion and breach of trust.
This Day in Naval History - April 23
1918 - USS Stewart (DD 13) destroys German submarine off . 1934 - In the first Navy movement through the , more than 100 ships transited. 1945 - In only use of guided missiles in World War II…
Oil Product Ships Disrupted In French Fos Strike -Port
Strike action at 's state-administered Autonomous Port of Marseille, which encompasses the oil terminals of Fos-Lavera, continued to disrupt activity there, with 19 oil and gas vessels affected…
China Boosts Demand, Supply For Shipping
Since 2003, has kicked maritime cargo carriers into overdrive by importing huge amounts of raw materials to feed its economy, Investor's Business Daily reports.
Halifax Shipyard to Modernize Frigates
A sea of people in hard hats flooded a tent Monday at the Halifax Shipyard for the announcement of $549m worth of work on the navy’s Halifax-class frigates. Seven…
Violation of Ocean Dumping Act Charged
The US Attorney for the District of Oregon issued a news release stating that a terminal operator has been charged with violation of the Ocean Dumping Act. It is…
IMO Reoccupying its Headquarters
IMO will be fully operational, once again, from its Headquarters on 's Albert Embankment, following a 20-month period in temporary accommodation while the Headquarters…
China Shipping Lines to Expand
The of announced that China Shipping Lines will expand its container service through . China Shipping will move from Terminal 18, where it has called since 1999…
Senator Dick Durbin Introduces Clean Cruise Ship Act
U.S. Senator Dick Durbin (D-IL) introduced legislation to help protect the world's oceans and the from damage caused by cruise ship pollution. The legislation, known as the Clean Cruise Ship Act…
Making of Navy's Made-in-Nigeria Warship
Baring any last minute hitches, the Chief of the Naval Staff (CNS), Vice Admiral Ganiyu Adekeye would, by October this year, launch the first made in warship. The ship has…
India Loses $12b on Higher Transaction Costs
India loses about $12b each year because of higher transaction costs at its ports, according to MM Saggi, nautical adviser to the government of India. Saggi told…
Halifax, Victoria Shipyards Win Refit Contracts
The federal government awarded two contracts Monday worth a total of $900 million to shipyards in Halifax and Victoria to maintain and upgrade 's 12 frigates - considered the workhorses of the navy.
Pirates Attack Tanker Near Yemen
A major Japanese oil tanker was damaged Monday in a chase by heavily-armed pirates off the coasts of Somalia and Yemen but no one was injured, officials and crew members said.
This Day in Naval History - April 22
1778 - Capt. John Paul Jones of Ranger leads a landing party raid on . 1898 - warships begin a blockade of . 1987 - The U.S. Navy is ordered to provide assistance…
Rolls-Royce Wins Navy Contract
Rolls Royce Naval Marine, Inc., , is being awarded a $7.9m firm-fixed-price contract for a DDG-1000 Baseline Tactical Auxiliary Turbine Generator (ATG) set engineering services and support.