Philly Shipyard Lays Keel for Kinder Morgan Product Tanker
Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA, held a ceremonial Keel Laying for the third product tanker in a four vessel…
Toll to Build Two New Ships
Toll Group announced it is investing $170 million to build two new ships to support trade between Victoria and Tasmania and to meet the demands of continued growth.
Fincantieri, CSSC Ink Chinese Cruise Ship Deal
During the 11th annual “China Cruise Shipping and International Cruise Expo”, which started today in Tianjin, Fincantieri and China State Shipbuilding Corporation (CSSC)…
Cross-Bay Ferry Plan Unveiled
With anticipation high for a St. Petersburg/Tampa ferry service, organizers of the project today announced an exciting set of launch events, including a series of…
General Atomics Battery for New Navy Submersible
General Atomics Electromagnetic Systems (GA-EMS) signed a contract with Lockheed Martin to provide Lithium-ion Fault Tolerant (LiFT) battery systems for use on U.S.
U.S. Shale Gas Shipment to Arrives in Britain
The first shipment of gas fracked from U.S. shale will arrive in Britain next week, upping pressure on Scotland to reassess its opposition to fracking. Chemicals giant Ineos will be importing ethane…
ABS' New Subchapter M Guide
[Press Release] ABS announced the publication of the ABS Guide for Building and Classing Subchapter M Towing Vessels. The Guide is designed to aid domestic owners comply with new U.S.
MarAd Stresses Economic Impact of Shipyard Jobs in NE

In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the northeast region. “American shipyards provide a dependable, highly trained workforce that produce, repair and maintain some of the world’s most modern and innovative vessels.
Capsized Migrant Boat: Egypt Arrests Crew Members

Egyptian authorities have arrested four crew members of a boat carrying almost 600 migrants which capsized off Egypt's coast, killing at least 43, judicial sources said on Thursday. The boat sank on Wednesday in the Mediterranean off Burg Rashid, a village in Egypt's northern Beheira province where the sea and the Nile meet. Rescue workers have so far saved 169 people, which means the death toll could hit several hundred.
VULKAN Couplings at SMM
Buoyed by encouraging response at the international maritime trade fair SMM in Hamburg, VULKAN Couplings prepared interesting impressions from the booth and the…
Shipping Partnerships Create Economic Opportunity in Everett
Every month Eastern Car Liner (ECL) loads aerospace containers for transport back to Japan to be reloaded with new airplane parts. Typically, this is the only cargo…
IOC Eyes GSPC's Stake in Mundra LNG terminal
Indian Oil Corp. Ltd (IOC) wants to buy debt-laden Gujarat State Petroleum Corp.’s (GSPC) entire stake in the in the under-construction Rs 4,500 crore ($672 million)…
Daintith Named CFO, Rolls-Royce
Rolls-Royce announced that Stephen Daintith has been appointed Chief Financial Officer and as an executive director of Rolls-Royce Holdings plc. Stephen will take up his new role in 2017…
Wärtsilä Nacos Platinum for Four Cruise ships
Wärtsilä has been awarded the contract to supply a broad range of integrated automation, navigation and dynamic positioning equipment, as well as the complete uninterruptable…
Submarine Optical Fibre Cable to Link Andamans, Mainland India
India's government has decided to build a submarine cable between the city of Chennai and the Andaman & Nicobar Islands, which is about 200km east of India, way out in the Bay of Bengal.
China COSCO Shipping Not to Hike Freight Rates
China COSCO Shipping will not raise its shipping prices as it had planned, reports Caixin quoting shipping agency representatives at Shanghai’s port. The shipping…
ABTO Warns of Liquefaction Problems at Terminals
The Association of Bulk Terminal Operators has warned that cargo liquefaction – an issue commonly associated with the seaborne transportation of unprocessed mineral…
Two VARD Module Carrier for Topaz Energy and Marine
Vard Holdings Limited has secured a contract for the design and construction of two additional Module Carrier Vessels for Topaz Energy and Marine (“Topaz”). The vessels…
Port of Va. Signs Long Lease for International Gateway
Governor Terry R. McAuliffe on Wednesday announced that The Port of Virginia has signed a new, long-term lease for Virginia International Gateway (VIG) that clears…
Crowley Awards Scholarships to Four Cal Maritime Students
Crowley Maritime Corp. presented four California Maritime Academy (CMA) students with Thomas B. Crowley Sr. Memorial Scholarships during last night’s Containerization…