TORM has entered into an agreement to sell two Kamsarmax bulk newbuilding contracts. The two vessels contracted in 2007 were scheduled for delivery in the fourth quarter of 2012 and the first quarter of 2013 respectively. The agreement has a…
The Bureau of Safety and Environmental Enforcement (BSEE) has completed the first unannounced oil spill drill since the reorganization of the former Minerals Management Service was completed on Oct. 1. The table-top drill, which took place last week…
Elliott Bay Design Group (EBDG) said that Darren Monzingo has re-joined Elliott Bay Design Group. Darren first joined EBDG in 2003, bringing marine engineering experience in both the military and commercial marine sectors. He works out of Tampa…
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has secured a contract worth approximately $809m from Urca Drilling B.V., a subsidiary of Sete Brasil Participações S.A. (Sete Brasil), for the design and…
Incat Crowther announced the launch of the 24m Catamaran Ferry Titiroa by Q-west Boatbuilders in Wanganui, New Zealand. The vessel has completed sea trials, and has been delivered to Real Journeys, who will operate the vessel on New Zealand’s South Island…
The import and export of goods by sea remains a vital part of the regional economy of the north-east of Scotland and this has been demonstrated more than ever this year, with a positive rise in activity levels at the port. Next year is set for similar success…
Wärtsilä will supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in the Republic of Korea…
DNV has acquired 74.3% of KEMA’s shares, creating a world-leading consulting and certification company within the cleaner energy, sustainability, power generation, transmission and distribution sectors. DNV and KEMA will form an energy consulting…
Paragon Shipping Inc. (NYSE: PRGN) entered into a fixed rate time charter agreement for its Panamax Vessel, M/V Coral Seas, with Morgan Stanley Capital Group Inc. The M/V Coral Seas, a 2006 build, 74,477 dwt Panamax bulkcarrier, has been fixed to Morgan Stanley Capital Group Inc…
Renee Marazon, CEO, The Maritime Academy of Toledo Foundation, said that applications for people interested in the Cruise Ship Professional Development and STCW Basic Safety Training Programs have been sent out, and that a launch date of January 16…
EXMAR said that following the terms of the Asset Purchase Agreement, LLOG and EXMAR have reached an agreement in principle whereby LLOG will accelerate the payments due on the sale of the OPTI-EX. EXMAR will receive a lump sum consideration…
Hundreds of current and future shipbuilders will be trained in Marinette pursuant to a contract signed today by Northeast Wisconsin Technical College (NWTC) and Marinette Marine Corporation (MMC). “At Northeast Wisconsin Technical College, we…
A difficult year for Europe and likewise for the shipbuilding industry is ending with encouraging signals from European Institutions, which underline the importance of the sector and the respective understanding of policy makers. The Council…
Guided-missile destroyer USS Pinckney (DDG 91), assigned to Combined Task Force (CTF) 151, disrupted a group of suspected pirates close to the Internationally Recommended Transit Corridor (IRTC), south of Yemen, Dec. 19. The Merchant Shipping Industry Best Management Practices…
Dr. Fraser Smith of Raytheon is the President of Raytheon Sarcos, part of Raytheon’s Integrated Defense Systems business. He’s also the chief proponent of a new technology that could revolutionize how shipyards move, store and retrieve bulky…
