Kuwait Oil Tanker Signs Financing Deal for 8 Tankers
Kuwait Oil Tanker Company (KOTC) said on Thursday it had signed a 140 million dinar ($467 million) financing deal with three local banks for eight oil tankers, state news agency KUNA reported.
McDermott and CB&I Conclude Merger
McDermott International and CB&I announced that the companies have received antitrust clearance in Russia for their proposed combination. With this clearance, McDermott…
Sweden: A Pioneering Nation in Green Shipping
Sweden is a role model for the global shipping community, and other countries have a great deal to learn from the work being done by the Swedish shipping industry to reduce emissions.
DP World Acquires Cosmos Agencia Maritima in Peru
Dubai-based DP World, , one of the world's largest port operators, said it had bought a logistics firm Cosmos Agencia Maritima (CAM) in Peru for $315.7 million…
USS Colorado Commissioned
Colorado is the first submarine to bear the name and third vessel to be named for the state and was brought to life by her sponsor, Annie Maybus Mabus, daughter…
Drydocks World Earns Dubai Chamber CSR Label
Drydocks World - a DP World company, the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber…
DNV GL: The Drone Squad for Ship Surveys
With four drone types in its arsenal, DNV GL has adapted its survey technology to various ship structures. Recently DNV GL reached a new milestone with its first offshore drone survey.
Port of Gothenburg: Sustained Growth in Ro-Ro Operations
Ro-ro operations at the Port of Gothenburg are looking bright, with sustained growth three years in succession. There has been an increase of 10 per cent over the past year alone…
Coast Guard Responds to Disabled Ferry off Woods Hole, MA
The Coast Guard is responding Saturday night after a ferry with 78 people aboard lost power while en route Woods Hole from Martha's Vineyard. The captain of the…
Gulf Island Wins $63.5m Navy Deal for T-ATS
Gulf Island Shipyards LLC, Houma, Louisiana, is being awarded a $63,560,942 firm-fixed-price and fixed-price with economic price adjustment contract for the detail…
Vigor Wins $35m Navy Contract
Vigor Marine LLC, Portland, Oregon, is being awarded a $35,000,000 firm-fixed-price, indefinite-delivery/indefinite quantity contract to prepare for and accomplish…
HII Wins $9.9m Navy Contract
Huntington Ingalls Inc., Pascagoula, Mississippi, is being awarded a $9,999,010 cost-plus-award fee contract modification to a previously awarded contract (N00024…
Detyens Wins $9.1m Navy Contract
Detyens Shipyards Inc., North Charleston, South Carolina, is being awarded a $9,125,537 firm-fixed-price contract for a 42-calendar day shipyard availability for…
ABB’s Azipod for superyacht Tuhura
ABB’s Azipod propulsion will power Oceanco’s visionary superyacht inspired by Polynesian canoes and outfitted with the latest technology. Perfectly suited to the canoe form…
ST Marine Winds Up Brunei Environmental Subsidiary
ST Engineering today announced that Singapore Technologies Marine Ltd has placed its subsidiary, STSE Engineering Services (B) Sdn Bhd (STSE Engineering), under…
Afsluitdijk project awarded to Levvel Consortium
Rijkswaterstaat (part of the Dutch Ministry of Infrastructure and the Environment and responsible for the design, construction, management and maintenance of the…
Lamprell, GustoMSC join forces to develop Jackup Rig design
Lamprell announced its exclusive collaboration with GustoMSC to develop the Lamprell Jackup-43 (LJ43) jackup rig design, creating an advanced drilling rig with the highest level of safe…
Consortium: Blockchain Solution to Improve Ocean Shipping
A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution that can eliminate…
Threat from wandering greenhouse gas
On the seafloor of the shallow coastal regions north of Siberia, microorganisms produce methane when they break down plant remains. If this greenhouse gas finds its way into the water…
2 divers, minor rescued in Puerto Rico
Coast Guard Air Station Borinquen MH-65 Dolphin helicopter crews rescued two divers and a minor during two unrelated cases Thursday in Fajardo and Vieques, Puerto Rico.
