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…
ATHENS, Greece, May 9, 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 Maule, a 6,589 TEU container vessel built in 2010…
NOAA Corps Cmdr. Lawrence Krepp has assumed command of NOAA Ship Thomas Jefferson, one of the world’s most technologically advanced hydrographic survey vessels.At a May 6 change-of-command ceremony in Norfolk, Krepp relieved Cmdr. Shepard Smith…
Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA's offshore oil and gas industry, including the Gorgon Project.The new contracts for a 49.5 metre…
Ireland-based specialist tanker company takes over two newbuild contracts and charters in two tankers from Hellespont GroupArdmore Shipping Ltd, the specialist tanker company, today announced that it has taken over the contracts for two newbuild vessels from Hellespont Group and…
Drydocks World delivered Lewek Fulmar, the world’s first UT788 CD Multi-functional Ultra Deep Water Anchor Handling Tug, Supply and Service vessel (AHTS). The vessel was built at Drydocks World’s Singapore facility. The vessel has reportedly broken the world bollard pull record by an AHTS at 402…
Damen is putting the finishing touches on an innovative “Twin Axe” High Speed Support Vessel 2610, a vessel design which is believed to be one of the most innovative design concepts developed by Damen in the last decade, and which will serve the burgeoning offshore wind farm market…
Singapore, 8 April, 2011 – STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the design and construction of a series of three Multi Role Vessels (MRV) for DOF ASA…
The PSVs Siem Louisa, Siem Danis and Sophie Siem, shall perform regular supply duties. The AHTS vessels Siem Topaz and Siem Aquamarine shall perform Ice Management, ROV and supply duties.The contracts are for a period from April to October 2011 for all vessels…
Tokyo, March 31, 2011 - Effective April 1, Mitsubishi Heavy Industries, Ltd. (MHI) will establish a structure to deal integrally with installations of ballast water treatment systems, as well as necessary ship modifications, in vessels already in service…
March 29, 2011 - Athens, Greece - OceanFreight Inc., (NASDAQ:OCNF) a global provider of seaborne transportation services for both drybulk and energy commodities, announced today that it has entered into an agreement to purchase two resale newbuilding 206…