With skilled craftsmen in short supply in U.S. coastal areas, many shipbuilders turn to their own, sometimes extensive, internal training. Because fewer young people are entering shipbuilding out of high school, the industry is faced with an aging workforce that will soon have to be replaced…
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement, to acquire a new-building Post-Panamax dry bulk carrier of 98…
First graduates praise Lloyd’s Maritime Academy’s ground-breaking MBA in Shipping & Logistics; Limited time remains to sign up for next enrolment in industry’s only specialist distance learning MBA.The first graduates of the Lloyd’s Maritime…
Rolls-Royce signed a contract with ship owner Fjord Line A/S to install LNG based power and propulsion systems in two cruise ferries being built at the Bergen Group Fosen AS yard in Norway. Each vessel will be equipped with four gas engines…
The UK’s largest independent marine safety equipment supplier, Ocean Safety, has made a key promotion with the appointment of Mandy Boughton as Business Development Manager. Mandy will take on the role, newly created in response to the company’s continued growth…
13th Meeting of the Asia Pacific Heads of Maritime Safety Agencies Forum was held in Nha Trang, Vietnam, recentlyMore than 70 high level participants from across the Asia-Pacific region attended the meeting along with the IMO, IALA and ReCAAP (a regional forum to combat piracy)…
Tanker owners, as reflected in global market share, prefer to order from Korean shipyards according to a recent analysisAccording to a Gibson market report, quoted by KOMEC-Korea, as many as half of China's shipbuilders are likely to go out of business over the next two to three years…
The stricken container ship remains on fire, but is now on tow towards Europe from its mid-Atlantic positionThe owners inform that firefighting tugboat Fairmount Expedition owned by Fairmount Marine has begun to tow MSC Flaminia towards Europe…
Royal Australian Navy’s (RAN) submarine 'HMAS Farncomb' sinks target ship, the 12,106-tonne former 'USNS Kilauea' off Hawaii.Farncomb, a Collins Class submarine, fired one Mark 48 Torpedo and achieved a hit just below the bridge of the ship as part of a sinking exercise…
A software update now makes the Admiralty Information overlay available on all current JRC ECDIS models.The Admiralty Information Overlay, a free service to Admiralty Vector Chart Service customers, is a simple way to view the most comprehensive…
Plymouth (UK) passengers take cruise ship company to court for compensation for storm injuries on North Atlantic cruiseHolidaymakers who say they endured a nightmare voyage across the Atlantic when their cruise ship was lashed by high winds have taken their compensation claims to the High Court…
Six-month drop in world piracy says International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) report The number of pirate attacks has fallen sharply in the first half of 2012, led by a drop in Somali piracy, but the report…
Arrival of a pneumatic ship unloader at Richards Bay, South Africa, bulk terminal marks start of equipment renewal project.Port operator Transnet Port Terminals (TPT) has earmarked the biggest slice of its R33-billion budget over the next…
Global Ship Lease, Inc. signs new time charters with CMA CGM for two 4,113 TEU containerships.The 1996-built Ville d'Aquarius and the 1997-built Ville d'Orion will be chartered for approximately eight months at a rate of$9,962 per vessel per day…
Obama Administration announces 20-million acre oil & gas lease sale offshore TexasAs part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar…