Aker Philadelphia to Pay Dividend
On 6 May 2015, the Board of Directors of Aker Philadelphia Shipyard ASA resolved to pay a dividend to the shareholders of AKPS as of expiry of 12 May 2015, of USD 0.25 per share…
Viking Wins SMA's Management Contract
Viking Supply Ships has been awarded a management contract to operate the SMA ice-breaker fleet for a period of seven years. The contract is a continuation of a…
MSC Inks Partnership Deal with Orca Social
MSC Mediterranean Shipping Group has signed an exclusive partnership with the social media consultancy Orca Social Ltd. Over the past 45 years the family-owned shipping company…
Buoy Tender Vessel Delivered Ahead of Time under IRClass
IRClass (Indian Register of Shipping) has just completed the new construction survey of a high value, technologically sophisticated Buoy Tender cum multi-purpose…
Blyth Workcats to showcase Catamaran Designs at Seawork
The design evolution of Blyth Workcats will be on display at Seawork on Stand B27 where the company will be showing examples from its versatile range. Well known…
Diana Shipping fixes Post-Panamax
Diana Shipping Inc. announced today that through a separate wholly owned subsidiary, it entered into a time charter contract with ADM International Sarl, Rolle, Switzerland…
Antwerp Port Creating Additional Space
With growth of 5.9% the port of Antwerp has got off to a strong start in 2015. In terms of container handling (in TEU) Antwerp even achieved growth of 9.5% in the first three months of this year.
GasLog Proft Doubles, But Misses Forecast
Monaco-based liquefied natural gas carrier owner GasLog has reported a sharp increase in profits in 1Q15, saying the sector's medium- to long-term outlook remains encouraging.
D’Amico Sees Q1 Net Profit of $11.4Mln
Italy-listed D'Amico International Shipping (DIS) made a net profit of $11.4m in the first quarter, reversing its net loss of $6.8m last year, as the product tanker freight market improved.
Maersk to Pay for Release of Seized Ship?
There have been reports that members of the crew of the cargo ship Maersk Tigris that had been detained by Iranian authorities, have been released Wednesday. The…
Heidmar Enters Dry Bulk with TBS Ocean
Heidmar and TBS Ocean are joining forces to form a dry bulk pool alliance. New alliance with TBS Ocean plan to combine two players’ operating strengths in geared bulker JV.
Jan De Nul Orders SRI Duo
Belgium-based dredging and marine construction giant Jan De Nul Group has ordered two 6,000 ton Subsea Rock Installation vessels at AVIC Weihai shipyard in Weihai, China.
Australia Welcomes Japan to Join Submarine Tender
Australian Defence Minister Kevin Andrews has requested Japan to participate in procedures to become Australia's partner in a project to jointly develop next-generation submarines.
North Korea Conducts Third SLBM Test
North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according…
Keel Laid for SEA-Vista’s First ECO Tanker
General Dynamics NASSCO informs it has hosted a keel laying ceremony for the first Jones Act ECO tanker currently under construction for SEA-Vista LLC, at the company's shipyard in San Diego.
Transocean Swings to Loss on Falling Revenue
Transocean Ltd., one of the world's top offshore drilling companies, reported a first-quarter loss on Wednesday as oil exploration and production companies rent…
India, Iran Ink Port Deal Despite US Warning about Haste
India reached a deal on Wednesday to develop a strategic port in southeast Iran despite U.S. pressure not to rush into any such trade agreements before world powers…
First Foreign Tanker Docks at Derna Since January Air Strike
Libya has persuaded a foreign shipper to send a tanker to the eastern port of Derna for the first time since a warplane belonging to the official government bombed…
Suspected Migrant Smugglers Arrested
German police arrested three men on Wednesday suspected of belonging to an organised criminal group that smuggles people from Africa to the European Union. Around 7…
Blyth Workcats Delivers Aqualink
The first two-deck boat ever built by Blyth Workcats has recently been delivered to a customer in Belgium. The 18-meter Aqualink is the first Blyth Workcat to feature a high bridge and it has now entered service with Ostend Marine Services for which it has been designed to undertake a wide range marine operations. These include work as a charter survey vessel while also being equipped with an Ocean…