NASSCO starts construction of ESB 5
On Wednesday, January 25, General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), began construction on a fifth ship for the U.S. Navy’s…
PIL Sign MOU with Guangzhou Nansha Development Zone
A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation…
GasLog Partners closes public offering
GasLog Partners LP today announced the closing of its public offering of 3,750,000 common units representing limited partner interests (the "common units"). The…
AG&P, Hindustan to Build a New LNG Import Terminal in India
Atlantic, Gulf and Pacific Company (AG&P) and Hindustan LNG (HLNG) have signed a Memorandum of Understanding (MoU) to supply tolled gas to power stations in the East Godavari region of Andhra Pradesh…
Wightlink Installs New Mooring System
Work will start shortly to install a sophisticated state-of-the-art mooring system at Wightlink’s car ferry terminals in Fishbourne and Portsmouth. This is part…
Frontline Proposes DHT Takeover
DHT Holdings, Inc has received a non-binding, highly conditional proposal from Frontline Ltd to acquire all of the outstanding shares of common stock of DHT in a stock-for-stock transaction.
Fisheries Subsidies in Major Non-EU Fishing Nations
A new study for the European Commission compiles data and information on fisheries subsidies within six of the world's major fishing countries: Japan, South Korea…
Chinese Shipbuilder Mulls Deep-Sea Exploration
China Shipbuilding Industry Corp (CSIC) is developing a manned submersible vehicle, which would be able to dive into Challenger Deep, the deepest point on Earth estimated to be around 10…
UAE Mulls $316mln LNG Terminal in India
Abu Dhabi's National Marine Dredging Company (NMDC) has been awarded a $316-million engineering, procurement and construction (EPC) contract for a hitech floating…
Boat with 28 Chinese tourists missing off Malaysia
A boat carrying 31 people, including 28 Chinese tourists, is missing off the coast of Borneo, Malaysian maritime authorities said on Sunday. The boat left Kota Kinabalu…
USCG Assists in Delaware Aircraft Emergency
The Coast Guard assisted a pilot involved in an aircraft emergency in Georgetown, Delaware, today. A Coast Guard Air Station Atlantic City MH-65 Dolphin helicopter…
ABS Accommodation Standards Improve Crew Safety
ABS has published the ABS Guide for Habitability of Industrial Personnel on Accommodation Vessels. This industry-leading Guide establishes criteria for improving…
Chevron Names Wirth Vice Chairman
Chevron Corporation said today that Michael K. Wirth, executive vice president of Midstream and Development, has been named vice chairman, effective February 1, 2017.
Florida Ports Drop Plans to Ink Pacts with Cuba
The news comes as Cuba watchers are looking closely for signs of how the United States' fragile detente with Cuba will fare under President Donald Trump. "Disappointed…
Viking Grace LNG Ferry to Install Rotor Sail
Norsepower Oy Ltd., provider of auxiliary wind propulsion systems, announced that it has signed an agreement with Finnish shipping company Viking Line to install…
Ingalls Authenticates Keel of NSC Midgett
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division today authenticated the keel of the eighth U.S. Coast Guard National Security Cutter, Midgett (WMSL 757).
McDermott bags Middle East pipelay contract
McDermott International, Inc. was awarded an offshore pipelay contract in the Middle East. The pipelay contract includes the engineering, procurement and installation of two oil pipelines offshore.
Halifax Port Gears for Busiest Cruise Season
The 2017 cruise season in Halifax will be the busiest to date. A record number of passenger visits and vessel calls will get underway on April 24, 2017 with the arrival of the Amadea…
Exercise Cutlass Express to Begin
Maritime forces from East Africa, West Indian Ocean nations, Europe and the United States, as well as several international organizations, will begin the sixth iteration…
OOIL Sales Up 10% to $1.3 bln
Orient Overseas (International) Ltd (OOIL) whose principal holding is its container unit OOCL, posted a 10.3% fourth quarter year-on-year revenue increase in 2016 to US$1.3 billion.
