The Athens, Greece-based Safe Bulkers Inc. (SB) on Thursday reported a loss of $17.8 million in its first quarter. The shipping company posted revenue of $24.7 million in the period. It has a loss of 25 cents per share. Losses, adjusted for non-recurring costs…
Disney Cruise Line has announced that new entertainment and experiences will be added to Disney Wonder this fall when the ship goes into dry dock. Following the fall Eastbound Panama Canal cruise, the Disney Wonder will set a course for Cadiz…
Malaysia's Petroliam Nasional Bhd (Petronas) and Japanese oil company JX Nippon Oil & Energy (JX NOE) have signed an agreement for the sale and purchase of equity in Petronas LNG 9 Sdn Bhd (PL9SB), say local media. Under the agreement, JX NOE will acquire a 10% stake in PL9SB…
Royal Caribbean Cruises Ltd. has entered into an agreement to sell Legend of the Seas to Thomson Cruises in the UK. Legend will depart Royal Caribbean’s 25-ship fleet in March 2017 and immediately transition to its new owner. The 1…
A skipper and his crew have been rescued from a life raft after their yacht - The Miracle - caught fire off the coast of Shetland, Scotland. According to a BBC report, nine people have been rescued after a yacht caught fire off Shetland…
Irish Ferries’ parent company, Irish Continental Group (ICG) has signed an agreement with German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) to construct a new cruise ferry costing EUR 144 million (USD 161 million). ICG will…
The Worldwide Ferry Safety Association’s conference on Ferry Safety and Technology, underway today, has featured sessions on Vessels & Landings, Marine Weather, and Training Challenges and Innovative Solutions.The panel on Training, moderated…
Suzanne Dickerson has been named the director of logistics industry initiatives for the business-led, non-profit organization, South Carolina Council on Competitiveness. Dickerson transitions to the Council after eight years as director…
Peter Lovie’s Chronology of the FPSO’s difficult struggle to viability in the U.S. Gulf of Mexico is a fascinating journey through time and the oil industry itself. 2016 saw the arrival of the second FPSO in the US Gulf of Mexico. Despite…
The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday.UASC…
InterAct, an Acteon company, announced the addition of Jerry Nichols, Sr. Geophysical Advisor, to its technical team. Nichols has over 35 years’ experience in technical and managerial roles in the geosciences throughout the U.S. (GOM, California and North Slope)…
Abu Dhabi is home to a newly established branch of the Fugro Academy Training Center. The new facility comprises three training suites, an engineering workshop, a simulation suite, a seven-function manipulator trainer and offices. It also has…
The SENER engineering and technology group has launched a new website, under the domain www.engineeringandconstruction.sener, that provides information on the group’s main activities, news and projects in the Engineering and Construction area…
Transas has completed the installation of Scotland's most advanced integrated ship simulator suite in the City of Glasgow College, the country's largest college. The simulation solution from Transas forms a core part of the new Riverside Campus…
Kalmar, part of Cargotec, has received orders for 10 diesel-electric straddle carriers from DP World for their West Swanson Terminal in Melbourne, Australia. One order for five units was booked in Cargotec's 2015 fourth quarter order intake…
