SUNY Maritime College has been ranked by a national think tank as the top public college in the nation in graduate earnings, and for providing the highest value-added in mid-career earnings. A recent study by the Brookings Institution found that SUNY Maritime College graduates earned…
Mississippi Gov. Phil Bryant visited Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division May 28 to participate in a ceremonial signing of a $20 million bond bill supporting Ingalls' 'Shipyard of the Future' project. The investment will go toward current building improvements…
Fugro and the Netherlands Enterprise Agency, part of the Ministry of Economic Affairs, have signed two contracts to investigate the Borssele wind area, off the Zeeland coast. The workscope includes measuring meteorological and oceanographic…
South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., clinched the largest amount of new orders in May, retaining the top spot for the fourth consecutive month, BusinessKorea reported based on industry sources, including Clarkson Research Services…
Russian LNG-Gorskaya LLC has signed a contract with the shipbuilder United Shipbuilding Corporation (USC) for the construction of Russia’s first three LNG bunkering tankers. LNG-Gorskaya said in a statement that the vessels will be used for its LNG plant project at Gorskaya station near St…
Singapore-listed Otto Marine Limited said one of its subsidiaries – GO Marine Investments Pte Ltd – had fully redeemed preference shares from a Singapore private equity firm for S$12 million in cash. “The above transaction is not expected…
Singapore-listed Vallianz Holdings Limited, that provides offshore support vessels and integrated marine solutions to the oil and gas industry, has received an investment of $10 million from institutional investor fund United Orient Capital Pte Ltd (UOC)…
Hyundai Heavy Industries (HHI) will stop dismissing employees through voluntary retirement plans and pay each of their workers a special bonus of 1 million won ($910), the company CEO said. The Korea Times quoted a statement addressed…
Glander International Bunkering, a bunker and lubricant trading and brokering firm, has appointed Kenneth Lim as Bunker and Lubricant Trader for the Singapore office. Lim has knowledge and experience supplying bunkers and lubricants in Singapore…
Argentinian company Cooperativa De TrabajosPortuariosLimitadade San Martín signed a contract forthe delivery of two Damen ASD 2810 tugs and one Cutter Section Dredger 500. The twovessels and dredgerare to be used in the Argentinian terminal region around Rosario on the Paraná river for towing…
Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th on the subject of Black Sea Ports as agents of economic growth for the region, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages…
Honda’s division in Malaysia has opened East Malaysia Logistics Hub in Kota Kinabalu which will be operated and managed by logistics and shipping firm Giga Shipping. Pre-delivery inspection (PDI) management undertaken by Giga Shipping will include standard key management system…
Ocean Rig UDW Inc has launched an offering of its common stock, par value $0.01 per share. As part of this offering, George Economou, our Chairman, President and Chief Executive Officer, has indicated his intention to purchase, at the public offering price…
Diana Shipping Inc. has through a separate wholly-owned subsidiary took delivery of the m/v Medusa (formerly ”Torm Island”), a 2010-built Kamsarmax dry bulk vessel of 82,194 dwt that the company entered into an agreement to purchase in April 2015…
Close to 1,000 maritime exhibitors showed off the breadth and diversity of the shipping industry at this week’s Nor-Shipping, the bi-annual event that opened in Oslo on 1 June. About 35,000 delegates from 70 countries are expected to attend…