Lockheed, Austal Win U.S. Navy LCS Awards
Lockheed Martin Corp and Australia's Austal have each won contracts worth up to $564 million to build one Littoral Combat Ship (LCS) for the U.S. Navy, the U.S.
Asia-N.Europe Box Rates Jump 37 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe soared 37.2 percent to $339 per 20-foot container (TEU) in the week ended on Friday…
Asia Tankers-VLCC Rate Direction Uncertain
MidEast VLCC rates rise by more than $24,000 per day; China and Saudi Arabia fuel chartering surge. Freight rates for very large crude carriers (VLCCs), which hit a two-week high on Thursday…
USN Awards Austal Contract for LCS 26
The U.S. Navy has modified Austal USA’s Littoral Combat Ship (LCS) block-buy contract to include an eleventh ship, LCS 26, the Navy announced today. LCS 26 will be the 13th Independence-variant Littoral Combat Ship built by Austal. “The Austal LCS team has demonstrated exceptional work in providing an affordable sea frame that is not only capable of meeting the Navy’s needs of today but extremely capable of meeting future requirements,” Austal USA President Craig Perciavalle said.
Navy to Christen Guided Missile Destroyer
The Navy will christen its newest Arleigh Burke-class destroyer, Ralph Johnson (DDG 114), Saturday, April 2, during a 10 a.m. CDT ceremony at Ingalls Shipbuilding in Pascagoula, Mississippi.
MacGregorto Optimize Cargo Handling for 5 Container Ships
MacGregor, part of Cargotec, has received an order to provide loose lashings for five 10,500 TEU Hapag-Lloyd container ships under construction in South Korea by Hyundai Samho Heavy Industries.
SHI Delivers Gaslog Greece
GasLog Ltd. an international owner, operator and manager of liquefied natural gas ("LNG") carriers, announces the delivery of the GasLog Greece. The GasLog Greece…
V-Ships, Empros Team Up on Bulk Carrier Management
V.Ships, part of the V.Group, has entered into a partnership with Empros Lines to create a dedicated bulk carrier management cell in Greece. The cell will be staffed…
Philippines to Acquire Subs Amid China Sea Row
Philippines government is looking into forming a submarine force to strengthen maritime defense amid China's expansive claims over the South China Sea. President…
MSC Introduce 'Lone Star Express' and 'Amberjack' to the Transpacific Trade
Swiss headquartered Mediterranean Shipping Company (MSC) has announced two new services alled the ‘Lone Star Express’ which will operate between Asia and the US Gulf.
COSCO orders 10 Valemaxes from CSSC
China Cosco Shipping Group has inked a contract with China State Shipbuilding Corp to build 10 valemaxes. The contract was signed on Thursday. The giant bulk carriers…
MS Europa 2 in Sharjah
International cruise liner MS Europa 2 reached the Khorfakkan Port with more than 500 tourists on board. The luxury liner is the latest making a cruise call at the emirate's east coast ports…
Dynagas Clinches New Time Charter Contracts
Dynagas LNG Partners, the owner and operator of LNG carriers, has signed an extension and two new charter deals with Gazprom for the 2007-built Ob River until May 1, 2018. In addition, the Partnership has entered into a new long-term time charter agreement with Gazprom Marketing and Trading Pte. Ltd., an affiliate of Gazprom, for the Ob River, which is expected to commence immediately following the vessel's redelivery from its current charter with Gazprom…
Petrobangla, Excelerate Energy Deal for LNG terminal
Petrobangla has signed an agreement with Excelerate Energy Singapore Pte Ltd to establish a floating storage and re-gasification unit (FSRU) at Maheshkhali to facilitate…
Boskalis to Transport Johan Sverdrup Platform Modules
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser…
China Merchants to Change Name
China Merchants Holdings (International) Company has proposed to change its name to China Merchants Port Holdings Company Limited. The proposed change is subject…
Dynagas Partners inks long-term deals for two LNG Vessels
Monaco – March 31, 2016 –Dynagas LNG Partners LP. * Gazprom Global LNG Limited has extended its current charter for the 2007-built LNG carrier Ob River, on the same terms…
Foss Maritime Sells U.S. Flag Tug
Marcon International, Inc. of Coupeville, Washington informed the sale of the 1,700BHP “Benjamin Foss” by Foss Maritime Company of Seattle, Washington to private U.S. interests.
LNG Engine Set in Crowley's New ConRo Ship
The main engine has been set onto Crowley Maritime Corporation’s new vessel, El Coquí, the first of two new Commitment Class ConRo (combination container and Roll/On-Roll/Off) ships that will be powered by liquefied natural gas (LNG) for use in the ocean cargo trade between Jacksonville and Puerto Rico. “This state-of-the-art engine technology will add efficiency while continuing to reduce impacts on the environment…
CIMAC World Congress to Focus on System Integration
One of the most compelling topics that will be discoursed during the CIMAC World Congress 2016 is the area of ‘System Integration’ where all the relevant stakeholders including engine developers…
