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Deal Signed for LNG-Powered Cruise Ferry

Oct 25, 2010

STX Finland Oy and Viking Line ABP have signed a preliminary agreement for the construction of a new generation cruise ferry for Viking Line. The agreement includes an option for a sister ship. The ship price will be about 240 million Euros…

USN Demonstrates Alternative Fuels for Shipboard Use

Oct 22, 2010

The U.S. Navy conducted a full power demonstration of a Riverine Command Boat (experimental) (RCB-X) powered by alternative fuel, Oct. 22, at Naval Station Norfolk, Va. Testing and evaluation of alternative fuels from the 49-ft. RCB-X boat supports…

ABS NS Strengthens Management Team

Oct 21, 2010

ABS Nautical Systems has added four senior executives to lead the firm’s growth globally and to better serve its customers. Thomas Blenk has been appointed Vice President of Global Operations for ABS Nautical Systems based in Houston. Blenk…

Dryships Signs Another Drilling Contract

Oct 15, 2010

DryShips Inc. announced today that its fully-owned subsidiary Ocean Rig UDW Inc has signed definitive documentation following the previously announced Letter of Award. The contracts were signed with subsidiaries of Vanco Overseas…

One for the Record Books

Oct 14, 2010

The cruise ship AIDAbella broke a Guinness World Record and is now the largest cruise ship ever to pull a water-skier. The world record was set in early October off the Spanish coast in the Bay of Alicante. In the shallow waters during the early morning sunshine…

S. Korea: Ban on Single Hull Tankers in 2011

Oct 14, 2010

South Korea will ban, according to a Yonhap report, all single-hull tanker operations starting in 2011. The news agency reported that the Ministry of Land, Transport and Maritime Affairs said that all locally registered single-hull tankers with a deadweight tonnage of 5…

Otto Marine Settles Contract Dispute

Oct 14, 2010

A year after a shipbuilding contract dispute emerged between Otto Marine unit Otto Offshore and GC Rieber Shipping ASA, a settlement has been reached.Otto Marine announced that it has entered into a 'mutually beneficial global settlement' with GC Rieber…

New Leader for Vinashin

Oct 14, 2010

According to an AFP report, Vietnam has named a new chairman to take over Vietnam Shipbuilding Industry Group (Vinashin), after the last head was arrested for driving the company into massive debt. Prime Minister Nguyen Tan Dung reportedly appointed Nguyen Ngoc Su…

Evaluating & Implementing Effective Anti-Piracy Technology & Technique

Oct 12, 2010

There is a new focus on technological solutions for ship self-defense against pirate attacks.  Although some systems have been around a bit longer, the surge in new products is attributable largely to the dramatic increase in attacks on ships by Somali pirates over the last few years…

In Defense of Environmental Regulations

Oct 12, 2010

While it may be an unpopular opinion, I support marine environmental regulation – so long as it is sensible, fair, well-researched, and structured so as to result in minimal unintended consequences.  Knee-jerk regulation, on the other hand, is invariably counterproductive…

Five Minutes with Dave Growden, JHSV Program Manager, Austal USA

Oct 12, 2010

Please provide a brief professional history of yourself?I have more than 20 years of experience in all aspects of the planning and production of a wide variety of aluminum high speed vessels ranging in length from 26m to 107m. I have been…

China Buys into U.S. Energy Market

Oct 12, 2010

Chesapeake Energy and CNOOC Limited executed an agreement whereby CNOOC International Limited, a wholly-owned subsidiary of CNOOC Limited, will purchase a 33.3% undivided interest in Chesapeake’s 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project in South Texas…

Report: SPP Group to Build 15

Oct 11, 2010

According to a Reuters report, South Korea's SPP Group (www.spp.co.kr) won new shipbuliding orders for a cumulative 15 ships -- reportedly seven of them bulk carriers -- for $660m.

MSC Reconfigures Tanker Fleet

Oct 07, 2010

The fleet of tankers operated by the U.S. Navy's Military Sealift Command is being reconfigured to meet fuel requirements in support of U.S. forces worldwide. This seagoing force of government-owned and U.S.-flagged chartered ships is acquiring a new chartered ship…

Hydrographic Services Review Panel Meeting

Oct 07, 2010

The NOAA Hydrographic Services Review Panel will meet Oct. 12-13, in Vancouver, Wash., to discuss operations, research and development, hydrographic surveying, nautical charting, and geodetic and geospatial measurements. The panel is a Federal…

Logistics News

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

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