Global Ship Lease, Inc has completed the sale of its 1997-built, 4,113 TEU containership, Ville d'Orion, following redelivery from its previous charter. The vessel was sold for $328.25 per ldt, for estimated net proceeds of $4.5 million…
Carriers are intensifying their capacity-withdrawal activity, with November seeing a big rise in the number of idle containerships, says Drewry Maritime Research. The size of the idle fleet swelled by 52% from October to November to reach 900…
The final section of aircraft carrier HMS Prince of Wales began its delivery voyage from Glasgow to Rosyth today, 10 weeks ahead of schedule. As part of the the Queen Elizabeth Class aircraft carrier program, newbuilds HMS Queen Elizabeth…
A large live cattle ship on its way to China has been stranded in Port Phillip for days after breaking down on the weekend, reports AAP. The Singapore-flagged Girolando Express left Geelong for Huanghua in China on December 6, but only made it as far as Portarlington…
The detained Norwegians Murmansk trawler 'Dolgoschele' returned to its home port and was preparing to set sail again.As reported today by the CEO-owner of the vessel of 'Perseus' Alexander Chumakov, the Norwegian authorities did not agree to their explanation…
Clasis LLC has successfully gained costs for the arrest, appraisement and sale of a vessel for client GOH IGS Automation Pte Ltd (GIA).GIA was being represented by Clasis LLC in relation to monies due and owing to them in the High Court of Singapore…
Hempel A/S announces that Anders Boyer-Søgaard, CFO and member of Executive Management of GN Store Nord A/S, will succeed CFO Kim Junge Andersen who will join Rockwool as CFO as per January 1, 2016.In 2007, Anders Boyer-Søgaard joined…
On November 30, NYK welcomed about 60 environmental supervisors from 46 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this conference once a year with NYK Group companies to share information…
More than half of the public companies in the offshore supply-vessel industry face a high probability of restructuring or bankruptcy, Bloomberg reported quoting a research released from the consulting firm AlixPartners. Even before crude…
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with SwissMarine Services S.A., Geneva…
The container ship Maersk Saigon left the fairway and grounded near near buoy 2A at Santos port channel during departure from the terminal. Maersk Saigon was grounded during her departure manoeuvre at the BTP Terminal in Santos, Brazil…
Copenhagen-headquartered gas tanker carrier Evergas has just ordered four ethylene/ethane newbuildings, with an option for two more. The contract for the four newbuildings, each sized 32,000 cu m, has also been signed by Hong Kong engineering company JHW Engineering & Contracting…
Star Bulk Carriers, a global shipping company providing transportation solutions in the dry bulk sector, has reached agreements to sell four modern vessels, two capesize and two kamsarmax vessels. The vessels were sold for an aggregate…
The future USS Zumwalt (DDG 1000) has departed departed Bath Iron Works to set sail for the first time, conducting at-sea tests and trials in the Atlantic Ocean, Dec. 7.A video of the ship underway is available here.The Navy said the…
Egypt headquartered Maridive Group, an international offshore marine and oil support services provider, has chosen to migrate 24 of its Offshore Support Vessels to Marlink’s VSAT (Very Small Aperture Terminal) WaveCall Plus services in addition to one new build vessel…