Daiichi Chuo K.K. may cancel ship orders, pare its fleet & sell new stock after getting emergency financing from shareholder Mitsui O.S.K. Lines Ltd.To help weather a slump in dry-bulk rates the company is in talks about canceling or delaying…
Her Majesty Queen Beatrix of the Netherlands christens the boat 'Polaris' at the Cruise Terminal Rotterdam.Conoship's member shipyard Barkmeijer had earlier launched Pilot Station Vessel ‘Polaris’ (NB 324). This vessel design is the…
Dismissed by Costa Cruises following the wrecking of his ship off the Italian coast, Capt. Schettino has sued for wrongful dismissal.Italian Francesco Schettino was not only fired by Costa Cruises but is accused by prosecutors of causing…
Britannia Royal Naval College's bridge simulator unit features photo-realistic recreations of key harbours for trainees to hone ship piloting skills.'Whereas in the past you'd just see a row of houses, now there are specific buildings,' explains Lieutenant Sam Stephens…
The US Office of Naval Research's (ONR) Electromagnetic (EM) Railgun program is evaluating the second of two industry railgun prototype launchers.The EM Railgun launcher is a long-range naval weapon that fires projectiles using electricity…
Keppel Singmarine in Singapore contracted to design & construct a multi-purpose Diving Support & Construction Vessel (DSCV) for delivery Q2 2013.The new DSCV (Diving Support & Construction Vessel) will be a MT-6024 design from Marin Teknikk in Norway…
A Pentagon Navy staff celebration to commemorate the Navy's 237th birthday was held on 9, October 2012.A Sailor assigned to USS Constitution rings eight bells, a nautical tradition to render honors with eight being the highest amount of bells bestowed…
Petrobras's preliminary drilling in the Jupiter Nordeste well, in the Santos Basin, confirms presence of gas & condensate.The new well, which is still being drilled, has reached 5,438 meters. It is located in ultra-deep waters of block BM-S-24…
The 'Vikramaditya', formerly the Russian Navy's Admiral Gorshkov, already years past its set delivery had been due for delivery in December 2012.Pre-handover sea trials in September revealed the ship's boilers were not fully functional,…
Siem Offshore declares contract options for STX OSV Holdings to design & construct two Offshore Subsea Construction Vessels (OSCV).The vessels will be equipped with a 250t AHC crane and with Launch and Recovery Systems (“LARS”) for Remotely Operated Underwater Vehicles (“ROV”)…
Grandweld Shipyards' new facility inaugurated in a ceremony at its location in Dubai Maritime City.Over the years, the company has experienced a rapid growth necessitating expansion to a larger facility. In 2011, Grandweld invested approximately…
Nam Cheong, Malaysia's largest OSV builder, secures sales contracts worth US$2.1-million with West African buyers.The two PSVs are being built as part of the Group’s built-to-stock series in two of Nam Cheong’s subcontracted yards in China…
Fluor Offshore Solutions gains engineering, procurement and construction (EPC) support contract for Malampaya deep-water gas-to-power project.The project is being undertaken on behalf of the Philippine Government by the Service Contract 38 consortium composed of Shell Philippines Exploration B…
Port of Los Angeles receives 8 proposals to develop its 30-acre LA waterfront property.The 30-acre, fully entitled San Pedro waterfront property is known as Ports O’ Call Village, located along the Port’s Main Channel and adjacent to downtown San Pedro…
Experienced shipping and finance professionals in new board for USTC companies.One of the biggest and fastest expanding companies in Denmark, A/S United Shipping & Trading Co Ltd. headquartered in Middelfart, is strengthening its organization…
