Diana Shipping Inc. (NYSE:DSX), through a separate wholly-owned subsidiary, took delivery of the M/V Myrto, a 82,131 dwt newly built Kamsarmax dry bulk carrier that the company entered into an agreement to purchase in December 2012. The M/V Myrto is time chartered to Cargill International S…
Rolls-Royce installed the first MT30 gas turbine into the Royal Navy’s new aircraft carrier HMS Queen Elizabeth, at Babcock’s Rosyth shipyard in Scotland. The MT30, at 36 MW (around 50,000 hp), is reported by the company to be the world’s most powerful marine gas turbine…
Iron ore carrier 'Berge Java', chartered by Vale, will discharge its cargo, for company customer ArcelorMittal, in the Port of Rotterdam.The Berge Jaya, chartered by Vale, is scheduled to berth at Rotterdam's EMO dry bulk terminal this week…
The mine counter-measures ship 'USS Guardian' (MCM 5) still sits on the Tubbataha Reef.Operations to safely recover the ship while minimizing environmental effects are being conducted in close cooperation with allied Philippines Coast Guard and Navy…
Wärtsilä has issued its financial statement and bulletin for the period January to December 2012.HIgllights of the review period-Order intake increased 9% to EUR 4,940 million (4,516)-Net sales increased 12% to EUR 4,725 million (4,209)-Book-to-bill 1…
German Greens MEP Michael Cramer welcomes news that development of the world's first hydrogen-fuelled ship has come a step closer.Cramer was speaking at the presentation of 'project zero', an initiative designed to develop the first ship generating zero greenhouse gas emissions…
The U.S. Coast Guard & U.S. Attorney Office announce sentencing in the U.S. District Court for the Western District of Washington.Former Coast Guard man Shane Coxon, 24, was sentenced for knowingly making a false distress call to the Coast Guard in July 2010…
Austal, & Singapore's Sembawang Shipyard enter strategic partnership to provide ship repair, maintenance, for US Navy ships.Austal and Sembawang Shipyard believe the partnership provides an important resource to the US Navy and other defence forces operating in Asia-Pacific…
Matson, Inc., a leading U.S. carrier in the Pacific, declares a first quarter 2013 cash dividend of $0.15 per share.'The strong cash flows generated from our core businesses allow us to support a solid dividend to our shareholders,' said Matt Cox…
To comply with internationally agreed practices, Canada & the U.S. are eliminating overlapping coverage of electronic navigational charts (ENCs). New changes will soon take effect in the Great Lakes. Under the new ENC coverage scheme, each…
North P&I Club publish a new loss prevention guide for watchkeepers on how to avoid collisions at sea.Designed specifically for use on ship's bridges, the guide focuses on what the Club considers to be the most important ‘rules of the road'…
Canadian government partners with Port Metro Vancouver to improve movement of exports through the Asia-Pacific Gateway.Kerry-Lynne Findlay, Member of Parliament for Delta, Richmond East, on behalf of the Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway…
Shell technology creates sharper pictures of underground rock formations to find new oil and gas fields more cost effectively.Shell has found a way to use tiny motion sensors – like those used in modern everyday gadgets – to create sharper pictures of underground rock formations…
Tsakos Energy Navigation Limited (TEN) charters out ice-class aframax product tanker 'Propontiss', & sells two oldest vessels.The company announce the charter of its 2008-built 1A ice-class aframax product tanker Propontis to Northern European end-users for two years…
A further two Air Warfare Destroyer (AWD) blocks manufactured by BAE Systems in Williamstown have been shipped to Adelaide.The final blocks make nine altogether since the first block was delivered in August 2011. With this shipment, BAE Systems…
