Seattle-based Elliott Bay Design Group, through its New Orleans office, was selected by Baker Hughes to provide the owner's design of the Blue Tarpon a state-of-the-art well stimulation vessel. EBDG was contracted to integrate Baker Hughes'…
NOL Group confirmed it has signed contracts with Korea's Daewoo Shipbuilding & Marine Engineering Co. and Hyundai Samho Heavy Industries Co., Ltd to build 12 new container vessels, including ten of its largest vessels. The confirmation follows…
Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialized shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver GLOBAL 1201, the second new generation derrick pipelay vessel to Global Industries Ltd (Global Industries) safely…
On June 15, 2011, the EPS M10 Hovercraft was commissioned as the “Al-Wajh.” Hovercraft Al-Wajh is the first of two to be delivered by EPS Corporation of Tinton Falls, NJ, to the Kingdom of Saudi Arabia Ministry of Interior Border Guard. The…
The Bureau Veritas classed fleet has grown strongly during 2011 and in June passed 80 m gt. Today, 9,663 sea-going vessels and 1,853 inland navigation ships are classed by Bureau Veritas. The growth has been led by the delivery of 320 new vessels…
Norwegian Public Service broadcaster NRK transmitted the 134 hour boat trip from Bergen to Kirkenes live and non stop, starting last Thursday June 16 at 19:45 CET. For those curious if 134 hours of television is a Guinness World Record, it's not…
Seanergy Maritime Holdings Corp. (NASDAQ:SHIP; SHIP.W) announced today that it has entered into agreements with MUR Shipping BV to extend the time charter contracts for the Company’s Handysize vessel M/V African Oryx and its Handymax vessel M/V African Zebra…
DCT Gdansk and Maersk Line have made a major step forward for the marine industry in Poland with the first regular E class vessels call to the Baltic Sea. In January 2010, Maersk and DCT started a revolution in the Baltic Sea by establishing…
An online service for valuing commercial vesselsA London-based firm of Sale & Purchase shipbrokers established in 1993, today announced the launch of VesselsValue.com, the first online service that provides automated, data-driven valuations…
ATHENS, Greece, May 19, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the MSC Siena, a 4,546 TEU container vessel built in 2006…
Ship Finance International Limited (NYSE:SFL) ('Ship Finance' or the 'Company'), today announced that it has agreed to sell the 20-year old combination carrier Front Breaker to an unrelated third party and has simultaneously agreed to terminate…
NYK and OOCL are pleased to announce that they have entered into an agreement for the charter of four 13,000 TEU ships. OOCL has exercised its option to order an additional four 13,000 TEU ships on top of the original order of six. Out of the ten ships…
Diana Shipping Inc. (NYSE:DSX), a global shipping transportation company specializing in dry bulk cargoes, today announced that it has agreed to purchase from an unaffiliated third party the MV 'Corona', a 2007 built Panamax dry bulk carrier of 73…
Star Bulk Carriers Corp. (Nasdaq: SBLK),a global shipping company focusing on the transportation of dry bulk cargoes, today announced that it has entered into definitive agreements to acquire two Capesize bulk carriersfor an aggregate purchase price of approximately $51…
China’s demand for imported oil is, and will, continue to be one of the key influences on the tanker market, according to industry experts Braemar Shipping Services plc. Demand growth in the country has progressed at an unprecedented pace over the last decade…