Fleet Xpress a Success in Challenging Antarctic
Inmarsat together with Global Marine Networks and Network Innovations, today announced the successful trial and subsequent commercial order for Fleet Xpress in Antarctic waters.
Containers' VGM Mandatory on Hapag-Lloyd
Hapag-Lloyd has informed as from July 1, 2016, the new SOLAS regulation will become effective; therefore the packed containers’ VGM will be mandatory for all the…
ABB’s Azipod Propulsion for Superyacht
ABB will deliver electrical propulsion and power systems to a new luxury superyacht. The 100+ meter LOA vessel, Zoza (working title), is scheduled for delivery in…
Vallur Appointed Group Vendor Manager, GAC’s Oil & Gas
GAC has reinforced its long-term commitment to the oil & gas industry with the addition of a Group Vendor Manager to its dedicated Oil & Gas team. Based at the Corporate HQ in Jebel Ali…
HAVFISK's Trawler Contract for VARD
Vard Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels has secured a new contract for the design and construction…
Barge, Tug Refloated near Absecon Inlet
The Coast Guard oversaw the refloating of a barge and tugboat Sunday near Absecon Inlet. The 77-foot Miss Katie experienced a loss of power Saturday and ran aground north of the Absecon Inlet…
Coscocs Targets 2 Mln TEUs by 2018
China's biggest shipping line China Ocean Shipping Corporation (Coscocs) has revealed an ambitious plan to increase its container shipping capacity to hit a 2 million TEUs over the next three years…
Suez Canal to Feel Pinch of Slow Down
The traffic developments through the Suez Canal showed the change in each type of transient and cargo ships, which gives an indication of the future of traffic in the canal…
Ports of Auckland Interim Profit Up
Ports of Auckland Chief Executive Tony Gibson has announced a ‘solid’ half year result for the company, achieved despite a fall in volumes and revenue. The port…
Otto Marine Wins 3 Shipbuilding Contracts
Singapore-listed Otto Marine has announced that its offshore shipyard has branched out to secure three new shipbuilding contracts worth $23m in total. New contracts…
Price of Old Panamax Bulkcarrier Dipped to $13m
Back in early 1999 the price of a 5 year old Panamax bulkcarrier dipped to $13.5m, and ever since analysts have hailed purchase decisions made at that time as some…
POSH Sinks into Loss in 2015
Offshore marine services provider PACC Offshore Services Holdings (POSH) has plunged into the red in 2015 due mainly to a huge impairment charge of $144.58m. The…
GDI, Dolphin Energy Sign Offshore Drilling Rig Services Contract
Qatar’s Gulf International Services (GIS), the leading service group, has announced that its subsidiary Gulf Drilling International (GDI) has signed a contract with…
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