Somali Hostage Release: S. Korea Applauds Singaporean
The Korean government to honor Singaporean shipping company owner for his efforts to successfully rescue Korean sailors from Somali pirates. Four South Korean crew…
Apple Founder's Megayacht Free to Leave
The court order to have the megayacht arrested in the Port of Amsterdam had been obtained earlier by the designer Philippe Stark. The vessel, which reportedly cost over 100 million euros ($130 million) to build, was impounded after Starck claimed that Jobs' estate still owed him three million euros for his contribution to its design, reports AFP. The aluminium-hulled yacht was built by Royal De Vries shipbuilder's in Aalsmeer, just south of Amsterdam, with interiors designed by Starck.
China Shipbuilder Wins Capesize Bulker Contracts
Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships. The contract with undisclosed European owners has the option for a further four vessels to be delivered if required. The vessels will adopt Waigaoqiao’s newly developed sixth generation design for 180,000dwt capesizes which will reduce oil consumption by 20% and improve transport capacity by 30% compared to its previous design.
Low Water Mississippi: USACE Outlines Action Plans
The U.S. Army Corps of Engineers Mississippi Valley Division Commander discusses Corps' plans with state & local representatives. The U.S. Army Corps of Engineers…
Festive Season Subsea Contracts for DeepOcean
Within days of eachother Deep Ocean secures subsea offshore contracts in Australia, and in the North Sea. DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV…
GDF Suez Further Develops LNG Bunkering
Small scale LNG: GDF Suez takes positions in this high potential market with capacities in Zeebrugge, Belgium, LNG terminal. GDF Suez continues to develop its small…
Paragon Shipping Raises Working Capital
Paragon Shipping Inc. raises US$ 10-million working capital in sale of newly-issued shares to an entity affiliated to its own chairman. The Paragon Board agreed to sell 4…
BIRO Candidate Warship Arrives South Africa
Builders of this offshore patrol vessel, Spain's Navantia shipyard is a potential candidate for the BIRO procurement program, in which this ship can be adapted to the requirements of the South African Navy. This OPV is a medium sized, multipurpose and high performance ship with great versatility regarding missions, enjoys a high level of system commonality with other Spanish Navy ships and has low acquisition and life cycle costs. • Length Overall: 93.90 m. • Maximum Beam: 14.20 m.
UK Ship in Trouble Baltic: Escorted to Port
A British merchant vessel, listing in rough seas in the Baltic, was escorted to safety by a Swedish coast guard vessel. The crew of the Scot Isles sent out a distress call Christmas Eve close to the Swedish island of Gotland, reports UPI. A rescue helicopter was sent from Visby and remained on the scene until a Swedish Coast Guard ship arrived. The Scot Isles' captain decided to return to Latvia and turned down an offer to evacuate his vessel…
Impending US Dock Strike: FMCS Mediation to Begin
The Federal Mediation and Conciliation Service (US) calls meeting & parties in conflict over East Coast ports new contract agree to attend. Statement by FMCS Director George H.
