The Board of Directors of COSCO Corporation (Singapore) Limited announced that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Co., Ltd, have secured contracts valued at approximately USD230 million…
The present EU and US sanctions are not expected to impact Viking Supply Ships’ operations and financials in 2014. It is too early to say whether sanctions will impact the drilling seasons 2015 and onwards.Four of Viking Supply Ships’ AHTS-vessels…
The 6 Maritime Authorities of the Riyadh Memorandum of Understanding (RMoU) on Port State Control will launch a Concentrated Inspection Campaign (CIC) with the purpose of ensuring compliance with SOLAS Chapter II-2 and the International Code for Fire Safety Systems on board ships…
Fednav, a Canadian-owned company and world leader in Arctic navigation, today announced that its vessel, the MV Nunavik sailed from Deception Bay en route to China via Canada's Northwest Passage, with a full cargo of nickel concentrate. The…
MarPro crunches the numbers on vessel steaming economics. What should you do? It all depends, says Barry Parker …The topics of fuel efficiency, slow steaming and monetary savings have received tremendous attention from all sectors of the maritime business over the past few years…
Overall confidence levels in the shipping industry fell slightly during the three months to August 2014, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. They are, however…
BMT Nigel Gee, a subsidiary of the BMT Group, will be launching its latest innovative design, ‘Project L3’ at the Monaco Yacht Show. Building on Nigel Gee’s heritage in the development of specialised platforms, married with Rob McPherson’s…
The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation, Taiwan.(CSBC). Mr. Yang Shaopeng, Chairman of SITC International…
NewLead Holdings Ltd.announced today that the 'Newlead Castellano', a 2013-built dry-bulk eco-type Handysize vessel of 35,542 dwt, was delivered to NewLead's owned fleet on September 16, 2014.The Newlead Castellano is trading on the spot market and is expected to generate approximately $1…
Delta SubSea Secures U.S.-Flagged DP-2 IMR/Construction Support Vessel for Deepwater ROV Operations in the GoM.Delta SubSea, LLC (DSS) has entered into an agreement with a subsidiary of Hornbeck Offshore Services, Inc. (HOS) for the HOS Bayou…
The Coast Guard rescued three individuals from the water in Tomales Bay, Sunday morning.At approximately 8:30 a.m., Coast Guard Sector San Francisco Command Center personnel received notification that three individuals went into the water just off Lawson's Landing when their raft deflated…
The Deep Sea Supply took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph' on Thursday 18 September. The vessels 'Sea Triumph' is a STX 05-L design built at Cochin shipyard in India. Main characteristics of the vessel are…
Strong prospects in the North American marine equipment market have triggered a new importation and distribution agreement between control specialist Lilaas AS and well-known marine and offshore sales and support organization Imtra Corporation…
The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, hailed the House introduction of critical vessel discharge legislation yesterday, praising the leadership of sponsors Duncan Hunter (R-CA)…
The Coast Guard is searching for a man who went missing on Lake Michigan, Tuesday. Missing is 48-year-old Joseph Kiehm from Milwaukee.Kiehm was last seen aboard his 26-foot white sailboat, the Wild Irish, at McKinley Marina in the Milwaukee Harbor between 11 a…