Thorco Chairman: More Ships and IPO
Thorco sees fleet expanding by 50 pct in coming years. Multi-purpose shipping company aims to list in Copenhagen. Drewry expects industry to pick up in next few years.
Australia, Japan to Pursue Closer Military Tech Ties
Australia and Japan will create a framework pact to cooperate on military technology, the two countries said on Wednesday, a move that could pave the way for Japan…
Fukushima Experimental Offshore Floating Wind Farm Project Progresses
A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi, Furukawa Electric, Shimizu, and Mizuho Information & Research has been participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry since March 2012.
Ten Ships Detained in the UK in May
The Maritime and Coastguard Agency (MCA) announced that ten foreign flagged ships were under detention in UK ports during May 2014 after failing Port State Control (PSC) inspection.
Argentina Seeks Tenders for Two LNG Cargoes
Argentina has launched a buy tender for two liquefied natural gas (LNG) cargoes for delivery in late-July and mid-August, respectively, into its river terminal at Escobar, trade sources said.
Appledore Shipyard Gets Order for Third Irish Navy Ship
The future looks bright for Appledore, the UK Westcountry shipbuilder, as owning company Babcock says the yard has won a multi-million pound contract for a third Irish navy vessel…
Defective Marine Engine Leads to US$46-Million Legal Settlement
A week before the start of a scheduled three week jury trial, the law firm of Cunningham Bounds, LLC apprises it obtained a $46,000,000 settlement for its clients…
Master Failed to Notify Ship Grounded: Fined in NZ Court
Maritime New Zealand inform that the master of the 177m Singapore-flagged cargo vessel 'Lake Triview' has been fined $2000 (plus $130 court costs) after pleading…
Rolls-Royce Gets Edison Chouest AHTS Contract
Rolls-Royce says it has won a £50m contract to deliver deck machinery for four large anchor handlers for Edison Chouest Offshore. The vessels are designed by North American Shipbuilder Inc.
AAPA Commends President Obama for WRRDA Enactment
After a 7-year hiatus in reauthorizing new U.S. water resources legislation, the American Association of Port Authorities (AAPA) says it commends President Obama…
Panama Canal Expansion: More Lock Gates Arrive
The Panama Canal Authority (ACP) informs that the second shipment of four rolling gates for the Third Set of Locks to the waterway's Atlantic side has arrived from the Port of Trieste…
Coast Guard Escorts Portsmouth - Norfolk Tunnel Tow
Crews aboard two 25-foot Response Boat – Smalls, from Coast Guard Station Curtis Bay, Maryland, are to be seen here escorting the tugboats 'Honor' and 'Captain William Landry' near Sparrows Point…
John Garamendi Advocates 'Buy America' T-HUD Amendments
Congressman John Garamendi (D-Fairfield, CA) has offered amendments to the FY 2015 Transportation Housing and Urban Development (T-HUD) Appropriations Act that would spur the growth of U.S.
Osum Oil Sands To Buy Shell's Orion Project For C$325 mln
Osum Oil Sands Corp, a private energy company chaired by former Suncor Energy Inc Chief Executive Rick George, agreed on Tuesday to buy Shell Canada's Orion oil…
A Summer Of Sailing At Lerwick Harbor
Lerwick Harbor is set to cast off for a summer of sailing with a series of local and international events attracting several hundred crew, beginning this week with…
Business As Usual At All PAK Ports
All operations are being carried out smoothly, with no delays or disruption, at Pakistan's sea ports (Karachi and Port Bin Qasim), despite the attacks on Karachi Airport over the past two days.
Gazprom’s Shares Included In Top Quotation List Of Moscow Exchange
The Moscow Exchange yesterday included Gazprom's shares in the First Level of the List of Securities Admitted to Exchange Trading. The First Level is the top quotation…
Foster Wheeler Honored With UK's RoSPA Award 7th Time
Foster Wheeler AG (Nasdaq: FWLT) announced today that the UK subsidiary of its Global Engineering and Construction Group has been awarded, for the seventh successive year…
W Marine Orders Green Dolphin 84s Design Bulk Carrier
Greek shipowner W Marine Inc. has ordered a series of post-Panamax bulk carriers based on the Green Dolphin 84S design. The design was developed by the Shanghai…
Kara-Winter-2014 Ice Expedition Successfully Completed
The Kara-Winter-2014 Ice Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic…
