Greek President Karolos saw successful cooperation with COSCO in the Port of Piraeus as a pointer towards further bilateral collaboration.The Greek president voiced his thoughts during a visit to the Chinese company's Piraeus Container Terminal (PCT) in Athens reports China Daily…
US Department of Defense Navy contract awards BAE additional funding for the DDG-101 repair & maintenance docking.BAE Systems San Diego Ship Repair, Inc., San Diego, Calif., is being awarded an $8,970,338 modification to previously awarded…
American Shipbuilder General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, announced that it has entered into a contract with an affiliate of American Petroleum Tankers (APT), a company majority owned by funds managed by Blackstone on behalf of its investors…
HATLAPA builds its largest stern rollers to date for Maersk Supply Service’s two new tugs under construction in Chile.The Danish shipping company Maersk Supply Service has ordered two large stern rollers from HATLAPA to be used in the two vessels built at the Chilean shipyard Asenav…
ABB contracted to provide energy-efficient and environmental friendly solution for four LNG vessels to be built in Korea.Total orders in the first quarter of 2013 landed by ABB, worth close to $40 million, came from three gas transportation…
Maersk Tankers exits Very Large Gas Carrier (VLGC) segment by selling its fleet to the BW Group.The BW Group buys Maersk Tankers five owned vessels and takes over the five existing time charter commitments, which Maersk Tankers explains is…
Diamond Offshore Drilling order Moss CS60E design harsh environment semi-submersible drilling rig from Hyundai Heavy Industries, & charter it out to BP subsidiary.The 10,000 ft. dynamically positioned rig is expected to be delivered after November 2015…
Shea Concrete Products delivers 40 precast floating docks to Lynn’s Seaport Landing Marina in Lynn, MA.Altogether, Shea Concrete Products manufactured 14 main docks and 28 dock fingers, with the largest main dock at 9ft wide by 50ft long, and weighing over 50…
Offshore Turbine Services (OTS) has ordered two more CTruk 20T MPCs for delivery in spring 2014. The inking of this latest order comes as the company prepare to name their fifth CTruk multi-purpose cat in Brightlingsea this week, the Commodore P…
Due to overcapacity & economic turmoil in the market, the market index for 40ft containers has taken a massive dip, 44% from May 2012.Xeneta, the price comparison service for sea freight, found that the average container freight rates from Asia to North-Europe continues to drop to $2…
In related recent announcements Ultrapetrol (Bahamas) says it intends to offer secured Notes, & has completed the sale of 7 barges.Ultrapetrol (Bahamas) an industrial transportation company serving marine transportation needs in three markets (River Business…
Houston-based Forum Energy Technologies agrees to acquire Blohm + Voss Oil Tools from STAR Capital Partners Limited (STAR), a London based private equity firm.Completion of the transaction is subject to certain customary closing conditions…
G2 Crew Services, the J/V between Griffin and GAC, teams with iVitta to provide a cell phone SIM that covers more than 1,000 ports worldwide.'Web access on board vessels remains the exception rather than the rule and most crew rely on text…
Amongst the latest Department of Defense, Navy, contracts, BAE gains contract modification for work on warship DDG 59's extended drydocking.BAE Systems San Diego Ship Repair Inc., San Diego, Calif., was awarded May 24, 2013, a $49,796,139…
Wilhelmsen Technical Solutions (WTS) agree with Italy's Roccheggiani to supply Heating, Ventilation & Air Conditioning (HVAC) systems to the offshore market.The HVAC and air handling specialists join forces to offer improved solutions to shipyards for newbuilding and after sales projects…
