Danish Investors Sue Bankrupt OW Bunker
A group of Danish investors have sued OW Bunker for 800 million Danish crowns ($120 million) for misleading them in its initial public offer (IPO), after the ship…
3 USCG Cutters Change Command
Three Coast Guard cutter crews officially changed commands Thursday during a ceremony in Portsmouth at Sector Hampton Roads. The crews of Coast Guard Cutters Shearwater…
Fincantieri: Viking Sea launched in Ancona
“Viking Sea”, the second of three ships which Fincantieri is currently building for the company Viking Ocean Cruises, was launched today at Fincantieri’s shipyard in Ancona.
UN Transforms Business' Commitment to Sustainability
Sustainability is now firmly on the global business agenda, but there is an urgent need to turn words into action. This is a key conclusion in the independent report…
Melbourne Fires Evolved Sea Sparrow Missiles
The Royal Australian Navy Adelaide class frigate, HMAS Melbourne, has successfully fired two Evolved Sea Sparrow Missiles, reinforcing her war-fighting and mariner skills.
Aker Philadelphia Appoints New CFO
Aker Philadelphia Shipyard ASA has appointed Jan Ivar Nielsen as Chief Financial Officer effective September 2015. Since 2009, Nielsen has held the position of CFO of VARD Holdings…
CSSC Wins 2 Survey Ships Order
On June 16th, Shanghai Shipyard Co., Ltd. under CSSC and COSCO (Guangdong) Shipyard received 3 survey ships order. The 3 ships include 2 comprehensive physical survey…
Tobruk Sails Home for the Last Time
HMAS Tobruk (II) sailed through Sydney Heads back to her home port at Garden Island for the last time today. The amphibious heavy lift is scheduled to decommission on Friday 31 July…
ICBC Finances EXMAR for FLNG project
EXMAR stated that on June 23rd 2015 under the witness of King Philippe of Belgium and President Xi Jinping, Mr. Jiang Jianqing, Chairman of Board of ICBC and Mr.
ABB: Top Innovator for Marine Industry
ABB, the leading power and automation technology group, has been awarded the Innovation of the Year Award for the recently introduced Azipod D electric propulsion…
Antwerp Port, Shanghai Maritime University Join forces
The port of Antwerp, the second-largest in Europe, is to collaborate with Shanghai Maritime University (SMU), a world-renowned centre of maritime know-how. As of…
Thailand Buying 3 Chinese Subs
Thailand plans to buy three Chinese-made submarines for the Royal Thai Navy at a cost of 355 million dollars each. Three Chinese-made submarines worth 355 million…
Scottish Ferry Workers on Strike
Rail, Maritime and Transport (RMT) union members at the ferry operator CalMac go on strike over the future of services of Scotland’s west coast as two thirds of CalMac routes have been suspended.
BAM Completes LNG Terminal in Aqaba, Jordan
BAM International has completed its €65 million project to construct the Aqaba LNG terminal for Aqaba Development Corp. (ADC). The operating company of Royal BAM…
Gasum, Anthony Veder Pact for a New LNG Carrier
Finnish natural gas importer Gasum and Dutch gas tanker ship-owner Anthony Veder have signed an agreement for a long term time charter of a new ICE Class 1A Super LNG carrier.
China Ocean Shipbuilding Acquires Jiangxi Gas
China Ocean Shipbuilding Industry Group (COSIG) with its unit, China Ocean LNG has bought a 47% stake in Jiangxi Petrochina Kunlun Gas (Jiangxi Gas) for a total of ($6.2m)…
Cargo Ship Celtica Hav Diverted To Aberdeen after Fire
Fire erupted in cargo holds of general cargo vessel Celtica Hav on June 25 shortly after she left Aberdeen UK, bound for Hamburg. Vessel, which was bound for Hamburg…
Aggressive Superyacht Investment Pan for Blohm+Voss
Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector. Over the next year, the company…
Australian Bio-Robots to Explore in the Indian Ocean
CSIRO will be releasing a fleet of floating bio-robots between Christmas Island and Madagascar next week to measure biological indicators in the Indian Ocean including dissolved oxygen…
New Vessel Traffic Management System for Portsmouth
BAE Systems has been awarded a £5.5 million contract to install a new Vessel Traffic Management System to assist in the controlling and monitoring of all ship movements within Portsmouth Harbor and the Eastern Solent. The contract is the latest development in the partnering agreement between BAE Systems, the Royal Navy and the Ministry of Defense to modernize HM Naval Base Portsmouth and prepare for the arrival of HMS Queen Elizabeth…