Cosco Closing Down Yards
COSCO Shipping Heavy Industry Co is planning to cut the number of shipyards that are able to manufacture offshore engineering products from five to two by 2020, China Daily reported.
San Diego Shipyards Getting $383mln to Repair Navy Ships
Three San Diego shipyards - BAE Systems San Diego Ship Repair, Continental Maritime, General Dynamics, and National Steel and Shipbuilding Company - have received…
Chine Cruise Ship's New Destination: Disputed South China Sea
China has commissioned a new cruise ship to take tourists to islands claimed by Vietnam in the disputed South China Sea, reinforcing its claim over the area, reports Reuters.
GAIL's First Time-Swap Deal for US LNG with Gunvor
Indian state-owned gas company GAIL has reached a deal with Swiss energy trading firm Gunvor to swap American liquefied natural gas (LNG) cargoes for shipments from other sources, Reuters reported.
Australian Navy Invests in Vests
Sailors at the Australian International Airshow at Avalon have had a very small but very important piece of kit to show the public. The item officially known in…
Polarcus Bags Work in Australia, West Africa
Polarcus Limited has announce that the Company has finalized a contract for 3D marine seismic acquisition in Australia. The program will deliver a high quality broadband…
Oman Shipping to Acquire 10 Tankers
Omani government-owned Oman Shipping Company (OSC) has secured USD 227 million in debt to finance the acquisition of ten tankers, Reuters said citing France-based Societe Generale.
Libya: Air Strikes Aimed to Regain Oil Ports
East Libyan forces carried out air strikes around major oil ports on Saturday as they sought to regain control of the area from a rival faction, a military spokesman said.
Seaspan Makes Leadership Moves
Steve Roth has been promoted to President of Seaspan Ferries Corporation (SFC). In this position, Steve will continue to have the primary accountability for the overall performance of the SFC business unit, including management of day-to-day operations of SFC, as well as the short and long-term strategic planning processes, including setting and fulfilling revenue and profitability targets and maintaining relationships with all stakeholders.
