The Korean company Daewoo Shipbuilding & Marine Engineering (DSME) has placed an order for a total of 160 separators of the new eagleclass generation with GEA Westfalia Separator Group. They will operate on the twenty unequalled Triple-E container ships of A…
Liquid Robotics, Inc. and Schlumberger announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The…
Concordia Maritime signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to around $78.6m and…
ClassNK (Chairman and President： Noboru Ueda) has announced that it signed an agreement with the Lithuanian Maritime Safety Administration on 14 June 2012 granting ClassNK the authority to conduct statutory certifications on behalf of the flag administration…
Descartes Signs Definitive Agreement to Acquire Integrated Export Systems Business; Adds a Robust Freight Forwarder and Customs Broker Community Specializing in Processing Shipments Originating in Asia.Descartes Systems Group, the global…
Box Ships Inc. Enters Into Agreement To Acquire Two Vessels From OOCL And Related Financing Transaction; public offering of preferred shares and warrants commenced. Box Ships Inc. (NYSE: TEU) (the 'Company'), a global shipping company specializing in the seaborne transportation of containers…
New A&B Will Have a Well-Capitalized Balance Sheet Providing Strong Liquidity and Financial Flexibility; Receives Favorable IRS Ruling on Tax-Free Nature of Planned Separation. Alexander & Baldwin Holdings, Inc. (NYSE: ALEX) ('Company')…
Harvey Gulf International Marine’s CEO, Shane Guidry, announced that, on June 4, 2012, Harvey Gulf signed an agreement with Bee Mar, LLC to purchase all of Bee Mar’s vessels and assets. The purchase will include 10 Offshore Supply Vessels…
Affiliates of Drew Marine (“Drew Marine”) have reached a definitive agreement with Chemring Group PLC (“Chemring”) to acquire Chemring’s maritime interests (“Chemring Marine” or the “Company”) for a cash consideration of £32 million, subject to standard closing adjustments…
US Ports Risk Millions in crush to file FEMA paperwork. Across America, from sea to shining sea, hundreds of millions of dollars in Port Security Grant funds that have already been awarded to prevent terrorist attacks at ports, port security agencies…
MMT (Sweden) has been awarded parts of two separate hydrographic survey contracts for the EU financed project 'MONALISA' for the Swedish Maritime Administration (SMA) and the Finnish Transport Agency (FTA).MONALISA is a Motorways of the Sea…
Don’t Risk an Expensive Run-in with the U.S. Federal Maritime Commission. For the first time in years, the U.S. Federal Maritime Commission (“FMC”) has a full complement of five Commissioners and a renewed commitment to enforce the Shipping Act of 1984 (as amended…
Offshore Marine Contractors to implement MarineCFO Enterprise Software.MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry…
Graig China Ltd (GCL), part of the Cardiff-based Graig Group, has been contracted by Hong Kong-based Global Union Shipping Limited to supervise the construction of ten 157,000 dwt suezmax crude oil tankers building at Jiangsu Rongsheng Heavy Industries Co Ltd in China…
CrewInspector.com an online crew management software provider wins the contract to provide HAV Ship Management Kaliningrad with full crew management solution. CrewInspector will provide online crew management database, integrated online application for seafarers and crew payroll software…