Global Opens S. California Office
Global Diving & Salvage, Inc. has expanded its California Regional operations with the addition of a new office in Southern California. Located in Signal Hill near Long Beach…
New DCF Valuations on VV
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry. Discounted…
Virgin Cruises to Sail Out of Miami in 2020
Virgin Cruises will launch its first luxury liner in 2020 from Miami, British tycoon Richard Branson announced, placing his bets on medium-sized "boutique" ships.
Submarine INS Sindhukirti to Boost Indian Navy's Fleet
Submarine INS Sindhukirti set for final "full-power trials" from Friday after being stuck in a refit for a decade. The Kilo-class submarine is expected to be formally…
US Navy Picks First Female Submariners
The U.S. Navy has selected more than three dozen female enlisted sailors to qualify to serve aboard a submarine in a historic first for the sea service as part of…
Trafigura, Singapore LNG Sign Storage Agreement
The Singapore SLNG Corporation and Commodities trading firm Trafigura have signed a storage agreement for the excess capacity within the Singapore LNG terminal on Jurong Island.
Dredging in Hudson River Nears Completion
After six years of digging, General Electric Co. expects to finish this year removing some 2.7 million cubic yards of contaminated river sediment in upper Hudson…
Transocean Delays Drillships
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its…
French Port Strike Brings Travel Chaos
A strike by French ferry workers is causing travel chaos in the south of England and Eurostar services from London are experiencing long delays. Calais strike is…
Singapore Opens $3.5bln Phase 3 and 4 of Pasir Panjang Terminal
The $3.5 billion Phase 3 and 4 expansion of Pasir Panjang Terminal was officially opened by Prime Minister Lee Hsien Loong on Tuesday (June 23). The expansion will add 15 berths with a 6 km quay length to the container terminal's existing 52 berths. The new berths have an 18 m-deep draught. The facilities, known as Pasir Panjang Terminal Phases 3 and 4, are slated to be fully operational by end-2017.
All American Marine on Course to Double in Size
The Port of Bellingham is poised to change the layout of 7.66 acres of industrial property in Fairhaven and build new infrastructure to support the expansion of two major waterfront employers…
Environmentalists: Walrus Population at Risk in Arctic
Green groups urged the U.S. Department of Interior on Tuesday to revoke the agency's conditional approval of Royal Dutch Shell's 2015 Arctic oil exploration plan…
Ecopetrol Breaks Silence in Risk-on Day for LatAm Markets
A recovery in LatAm debt spreads opened a window for Colombia's Ecopetrol on Tuesday when it printed a US$1.5bn 11-year bond - the state-owned oil company's first debt issue in nine months.
Marine Propulsion Technology: Two-Stroke DF Engine Passes Critical Test
The first Wärtsilä low-speed two-stroke dual-fuel (DF) engine destined for a commercial application has reportedly completed its Factory Acceptance Test (FAT) at a Chinese licensee of Winterthur Gas & Diesel (WinGD), the Switzerland-based designer, developer and licensor of Wärtsilä brand low-speed two-stroke engines. The engine is a five cylinder, 50 cm bore 5RT-flex50DF built by Yuchai Marine Power Co., Ltd.
Over 3,700 Migrants Rescued in Med
Ships patrolling the Mediterranean have plucked more than 3,700 migrants from overcrowded and unsafe boats in the last two days, Italy's coastguard said on Tuesday.
Military2Maritime Career Fair Features 30 Exhibitors
San Diego Military2Maritime Career Fair with Rep. Hunter (R-CA) Connects California Veterans With Opportunity. More than one hundred veterans attended a Military2Maritime…
Stolt Acquires Three Ships for European Fleet
Stolt Tankers B.V. has agreed to acquire three 5,800 dwt fully stainless steel parcel tankers from Odfjell Tankers AS. The ships, which were built in 1997-1998 and…
The ‘Greening’ of America’s Marine Highways
Ingram Barge Company sees two kinds of green in their newest venture on the inland rivers. In late March, the Paducah-McCracken County Riverport Authority and Ingram…
Shipbuilding Contract: Zamakona Nabs ESVAGT Deal
Astilleros Zamakona S.A, belonging to our group Zamakona Yards has signed a contract with the owner ESVAGT A.S, a company belonging to the multinational Danish AP Møller-Mærsk. The vessel will be delivered in the 2nd quarter of 2017 and will have the design and engineering of Havyard Design & Solutions A.S in cooperation with the ship-owner himself and our shipyard. It aims to make the change of crews in emergency assistance to offshore oil platforms…
Striking French Ferry Workers Shut Channel Tunnel, Blockade Calais Port
Traffic was halted through the Channel Tunnel linking Britain and France on Tuesday after striking French ferry workers set fire to tires, while Britain's Foreign…
