The European Commission propose to grant €2-million from the European Globalisation Adjustment Fund (EGF) to help 450 redundant workers in the shipbuilding ancillary industry in Galicia get back into employment.The funds, requested by the Spanish authorities…
COSCO (Qidong) Offshore wins a US$ 20-million contract for a jack-up barge, & other COSCO subsidiaries deliver bulk carriers.This jack-up barge for Australian owners will be built to GustoMSC SEA-1250 design and have capacity of 300 tons deck crane and operation in water depth up to 30 meters…
China Rongsheng profit dives as new ship orders dry up.China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, posted its sharpest fall in half-year profit - down 82 percent - on a dearth of new orders, putting…
The National Marine Manufacturers Association (NMMA) express disappointment at Court's E15 fuel decision.The National Marine Manufacturers Association (NMMA) said it was “disappointed” by a US court of appeals decision to dismiss its lawsuit against the US Environmental Protection Agency (EPA)…
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…
