MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery…
The government of Cyprus has changed the legal framework of the Cyprus Ports Authority (CPA), which will allow commercial operations at Limassol port to be privatised. The Cyprus Ministry of Transport will call for tenders by the end of…
Actors Jane Fonda and Rachel McAdams added their star power to protest against Shell’s plan to drill for oil in the Arctic. Both are opposed to Shell drilling in the Arctic. The duo made public appearance at a Greenpeace rally in Vancouver…
Capital Product Partners (CPP) has taken delivery of a new panamax containership, which will commence a five-year timecharter to CMA CGM. It also has won a timecharter from Cargill, and another two have had their charters to Capital Maritime extended…
Genco Shipping & Trading Limited and Baltic Trading Limited have declared July 17 the date for an annual meeting of the two companies, where shareholders will vote on their proposed merger. Genco will acquire NYSE-listed Baltic Trading in a stock-for-stock transaction…
US-headquartered owner and operator of modern Very Large Gas Carriers (VLGC) Dorian LPG took delivery of the ECO VLGC Cougar from Hyundai Samho Heavy Industries. Cougar, Dorian LPG's fourth newbuilding delivery, will initially trade in the spot market through the Helios Pool…
Ship Finance International Limited has acquired three 9,000 teu capacity container ships that are under construction from an unrelated third party. The Fredriksen-led company said that the three vessels are currently being constructed to a fuel-efficient design at an undisclosed yard…
Carnival Corporation has signed a multi-billion dollar contract to build four next-generation cruise ships with the largest guest capacity in the world. The four new ships will be the cruise industry's largest yet—but only in head count…
Cosco (Guangdong) Shipyard secured a contract worth over 129 million yuan ($20.8m) to build one research vessel, to be delivered in the fourth quarter of 2017. The contract will become effective upon the receipt of letter of guarantee from the shipyard's bank…
Charles Davison, Jr., takes the reins as industry veteran Walter Pharris retires Seismic data and technology company FairfieldNodal announced the appointment of Charles “Chuck” W. Davison, Jr., as its new president and CEO, succeeding Walter Pharris…
There is no question that these are challenging times for offshore oil in the Gulf of Mexico. However, while some vessel operators are tying up boats, Bordelon Marine is continuing with its aggressive build program. Designed for flexibility…
This year's WISTA USA Annual General Meeting (AGM) brought together more than 120 maritime industry professionals from across the United States and around the world. Declared a major success by WISTA USA president, Alexandra Anagnostis-Irons (president…
New Kongsberg Maritime and DNV-GL DP Operator Training Scheme Enhances Competence and Reduces Time to Certification Kongsberg Maritime has become the first global maritime training provider to offer a new DNV-GL approved Dynamic Positioning…
A shared passion and concern brought together a diverse group of people from several segments of the maritime industry to celebrate the milestone achievements of three careers and to raise funds to support mariners served by SCI. More than 770 individuals assembled on Thursday…
Brent Hale has joined Seaspan as vice president of human resources, the company announced. As part of Seaspan’s senior executive team, Hale will provide leadership for strategic plans, and guide the development and implementation of human…