Sub-Capesize sectors, previously better performers than Capes, now face an equally uncertain future according to recent Drewry analysis.Demand for Panamax ships improved over the 2nd quarter 2012, primarily due to an increase in grain volumes and Asian coal imports…
Patrol boat 'Viesite', built in the country's Riga Shipyard, has been accepted by Latvia's Ministry of Defence.The building of patrol ship Viesīte was started June 17th, 2009 and it is third of five new SWATH type patrol ships built for the Latvian Navy…
Chinese scientific research ship 'Dayang Yihao' starts research mission with Nigerian & Chinese scientists on board.More than 100 Chinese and Nigerian scientists and officials attended a ceremony at Apapa Harbour, Lagos, on the launching of the cooperative mission…
Despite the decrease in the number of ships, the fleet under Greek management still ranks first in world according to Clarksons.Greece's merchant fleet still ranks first in the world both in number of ships with 20% of the world's fleet…
Petrobras strikes oil deposits in a new discovery in the 'Rights Transfer Area' some 200 km off the coastal city of Rio de Janeiro.Petrobras has discovered good quality oil in the fourth well drilled in the Rights Transfer area in the Santos Basin pre-salt cluster…
Noblis to provide technical, engineering, & program management support services to the Naval Sea Systems Command.Noblis, Inc., a leading nonprofit science, technology, and strategy organization that helps clients solve complex scientific…
Pilot Freight Services, a worldwide provider of transportation and logistics services, announce its recognition by three trade publications.Pilot Freight Services, Inc. is a full-service transportation and logistics provider with over 75…
Guided-missile destroyer USS Winston S. Churchill (DDG 81) renders medical assistance to Panamanian-flagged, bulk carrier M/V Belde.Winston S. Churchill responded to a distress call following a cargo-handling accident aboard Belde. The…
Safebridge will show a full working version of its ECDIS familiarisation course at SMM Hamburg.The full working version of the ECDIS familiarisation course will be linked via the web to the Safebridge online server and the original manufacturer’s own software…
GasLog Ltd., owner, operator & manager of liquefied natural gas (“LNG”) carriers, reports financial results for second quarter 2012.GasLog’s fleet consists of 10 wholly-owned LNG carriers, including two ships delivered in 2010 and eight LNG carriers on order…
DOF Subsea provider of subsea services to the offshore oil & gas industry worldwide announce new vessel contracts. DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is for three year's firm with three…
Greek-based Aegean Marine Petroleum Network Inchas to offer oil fuel bunker supply service in Hong Kong.New York-listed interntaional bunker supplier Aegean Marine Petroleum Network Inchas announce plans to expand its global network for…
Keppel and Floatel sign contract for a fourth accommodation semi at US$ 315-million.Keppel FELS Limited and Floatel International Ltd (Floatel) have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible…
UK & France maritime safety authorities to send team of experts to inspect German-flagged 'MSC Flaminia' prior to English Channel transit.Background:A fire and subsequent explosion on July 14, 2012, occurred during MSC FLAMINIA’s passage…
Department of Transportation Secures New Training Vessel for U.S. Merchant Marine Academy.U.S. Transportation Secretary Ray LaHood today announced that the Department’s Maritime Administration has secured a new training vessel for the U…