The ever changing face of ship classification has received perhaps its biggest makeover yet, with the announcement this morning (December 20, 2012) that Norway’s Det Norke Veritas (DNV) and Germany’s Germanischer Lloyd (GL) have signed a deal to merge…
Russia’s Sevmash shipyard will float out a third 'Borey-class' strategic nuclear submarine, the 'Vladimir Monomakh' at year's end.The Borey class submarines are expected to form the core of Russia's strategic submarine fleet, replacing the…
Extended Adveto Compact Vessel Traffic System (CVTS) for Ghana Port Authority to be provided through True Heading of Stockholm.The new CVTS licenses for the ports of Tema and Takoradi represents an extension of the first AIS-order in 2011…
The fullest ever study of UK shipping, ports & maritime business shows remarkable resilience in the face of continuing economic challenges.The UK shipping industry has created 7,300 UK jobs in the past two years, and 537,500 UK jobs are now supported by the shipping…
Container & dry bulk vessel operators, Goldenport Holdings, sells the 1993-built container vessel 'Bosporus'.The sale, to an unaffiliated third party, Liberty Resources Inc. of Nassau, Bahamas, was for a cash consideration of US$ 7.5 million…
Arctech Helsinki Shipyarda to build the icebreaker in conjunction with OJCS Vyborg Shipyard, for the Russian Ministry of Transport.The total value of the vessel is about EUR 100 million and the project will start immediately for the vessel will be delivered to the client in August 2015…
Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand.BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region…
Alfa Laval wins groundbreaking marine environmental order from MAN Diesel & Turbo for its PureNox Water Treatment System.The Alfa Laval PureNOx Water treatment system (WTS) is developed together with MAN Diesel & Turbo to be integrated in…
Jan De Nul Group to supply a 5,400 tonnes capacity cable turntable to offshore handling systems specialist Caley Ocean Systems. The turntable, including a 5 tonnes and 10 tonnes deck tensioner, is destined for the vessel Willem de Vlamingh…
Construction starts on the second of two Aframax tankers for SeaRiver Maritime, Inc., Exxon Mobil Corporation’s U.S. marine affiliate. The construction of the two tankers, valued at $400 million, will create more than 1,000 jobs.A small…
Maersk Line to cut off some container ship bulbous bows as part of initiatives already implemented across its fleet to reduce fuel costs. Research carried out by Maersk Maritime Technology found that the bulbous hull form – initially developed…
International Bunkering promotes Mr Ortiz to Senior Bunker/Lubricant Trader & Team Leader in its Dubai office.CEO Carsten Ladekjaer said: 'It is our pleasure to inform that as a result of his continuous hard-working efforts, his achieved…
COSCO Corp. (Singapore} subsidiary COSCO Qidong Offshore Co to build the accommodation rig for European joint venture company.The contract, valued at US$200-million.is for the construction of a harsh environment semi-submersible accommodation rig for Axis Offshore…
Thome Ship Management of Singapore inks a joint venture partnership with Doehle Danautic, a leading shipping service provider in India.In what is to be seen as a significant further step into India for Thome Ship Management, the group is…
U.S. Senator Robert Menendez pushes for approval of the $60.4 billion Sandy Recovery package now being debated in the U.S. Congress. Menendez took to the floor of the house of the Senate in response to criticisms being leveled by some Republicans…