MSC Napoli Report Adds Support to Cargo Mis-Declaration
The ’s Marine Accident Investigation Branch (MAIB) report into the MSC Napoli incident has shown that mis-declaration of the weight and contents of containers was…
Aker Solutions Secures Dow Engineering Contract
The Dow Chemical Company has awarded Aker Solutions a contract to provide engineering services for Dow supplied technologies. Aker Solutions' engineering services…
TBS Announces Follow-On Offering of Common Shares
TBS International Limited announced that it and certain of its shareholders have commenced a follow-on offering of a combined 3,400,000 Class A Common Shares. Jefferies & Company, Inc.
Shortage of Project Cargo Ships
According to CNA, exporters of industrial products are being advised by international buyers they are missing opportunities in selling their goods abroad because…
Gdynia Shipyard May Go Bankrupt
Reports indicate that the economic situation of the Gdynia Shipyard on the has worsened recently. Trade unionists organized a rally in front of the prime minister's office in .
MISC Boosts Reports Q4 Profit
Malaysian liquefied natural gas shipper MISC Bhd reported a 10 percent jump in fourth-quarter net profit on Monday, boosted by its heavy-engineering unit and offshore businesses.
Petrobras Invests Heavily in Ships
Petrobras, which has a $112 billion investment plan through 2012, is expanding and refurbishing its fleet. It has already contracted the construction of 23 tankers…
This Day in Naval History - May 13
1908 - Navy Nurse Corps established. 1943 - Bureau of Navigation renamed Bureau of Naval Personnel. 1945 - Aircraft from fast carrier task force begin 2-day attack on Kyushu airfields, Japan.
Bocimar: Sells 3; Orders 4
In addition, Bocimar has ordered two 176,000 dwt Capesize newbuildings from Jinhaiwan (China). scheduled to take place in April 2009 and July 2010. Finally Bocimar…
Harrison to Retire from International Shipholding
nternational Shipholding Corporation has announced the retirement of William H. Harrison, a veteran of 44 years with Waterman Steamship Corporation and its affiliates, effective June 30, 2008. Nicolas Walker will assume the duties of in his new capacity as director of compliance for LMS Shipmangement, Inc. During his tenure with the company, Harrison held positions as port engineer, construction representative…
Sperry Marine Expands Operations in China
Northrop Grumman Corporation’s Sperry Marine business unit has announced the completion of an expansion of its commercial marine service operations in . The two…
All American Marine Delivers the R/V Manta
All American Marine has delivered an 82-ft.Teknicraft research catamaran built under contract for the National Oceanic and Atmospheric Administration (NOAA). The R/V Manta will operate in the Flower Garden Banks National Marine Sanctuary, located 100 miles offshore, directly south of the Louisiana-Texas boarder. The Manta is NOAA’s fifth Teknicraft Design catamaran built by All American Marine. The…
Navy Selects Mikros for New Shipboard Networks
Mikros Systems Corporation, announced that it was recently awarded two new U.S. Navy contracts. The contracts cover follow-on work based on Mikros' AIRchitect-EMC wireless network design tool…
General Maritime to Acquire Aframax Vessels
General Maritime Corporation has agreed to acquire two 2002-built double hull Aframax vessels from or its affiliates for an aggregate purchase price of $137 million.
Genco to Acquire Three Drybulk Vessels
Limited announced that it has agreed to acquire three 2007-built drybulk vessels from Bocimar International N.V. and Delphis N.V., for an aggregate purchase price of approximately $257.0 million.
USCG Issues Marine Safety Alert
The US Coast Guard issued a Marine Safety Alert recommending that vessel owners and operators ensure all watertight doors and bulkheads are inspected periodically to verify their integrity and…
USACE Issues DEIS for Container Terminal Project
The US Army Corps of Engineers (USACE) issued a notice stating that it is recirculating the Draft Environmental Impact Statement (DEIS) for the Berths 97-109 [China…
SS Columbia Seeks Funding
A volunteer friendraiser/fundraiser was held aboard the John J. Harvey to celebrate the SS Columbia’s 106th birthday. The SS Columbia is a National Historic Landmark…
Austal Secures Order for Police Boats
Austal confirms an unconditional contract has been signed with a value of approximately $11.3m with the Queensland Police Force for the construction of three72-ft. catamaran police boats.
COSCO to Pay $1.95B for 16 Ships
The company will reportedly pay $1.3b for eight 13,350-TEU containerships and eight 205,000-dwt dry bulk cargo ships for $612.8m.
