Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) (NASDAQ: SHIPW) announced that, due to market conditions, the company's Board of Directors has determined to terminate the memorandum of agreement for the intended acquisition of a 2009 Capesize…
Waxler Transportation Co. has taken delivery of the final towboat in a series of five 99 by 35-ft, 3200 hp pushboats. The latest sister, the M/V Helen Merrill, made her maiden voyage for Secors inland transport subsidiary in mid-January 2010…
Keppel Offshore & Marine Ltd’s (Keppel O&M) specialized shipbuilding arm, Keppel Singmarine Pte Ltd (Keppel Singmarine) has clinched three newbuilding contracts totaling about $98.5m. The first contract was awarded to Keppel Singmarine by Dutch dredging and marine contractor…
According to a Feb. 8 report from Bloomberg, Tanker companies including General Maritime Corp. and Tsakos Energy Navigation Ltd. may expand their fleets after the recession sent ship costs to five-year lows last year. Prices for five-year-old very-large crude carriers…
According to a Feb. 7 report from Chinese news agency, Xinhua, China State Shipbuilding Co. (CSSC), the nation's biggest shipyard, launched three self-developed models of liquefied natural gas (LNG) ships. The three LNG vessels, with a capacity of 160…
International classification society Bureau Veritas has moved ahead of the Maritime Labor Convention 2006 and set up a system to audit and certify manning agencies for seafarers. 'Shipowners and managers need to be able to demonstrate they…
1965-A commercial DC-7 with 84 persons on board exploded in midair off Jones Beach, Long Island. Despite an extensive search by seven Coast Guard cutters, six Coast Guard aircraft, and a US Navy tug, no survivors were located. Only nine bodies…
Qatar Gas Transport Company Ltd. (NAKILAT) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V., a wholly owned subsidiary of Damen Shipyards Group, to jointly operate a shipbuilding facility in the Port of Ras Laffan…
The Harbor Maintenance Trust Fund Fairness Coalition expressed disappointment in President Obama's budget proposal for the 2011 U.S. Army Corps of Engineers - Civil Works Program. The Coalition said the proposed budget of $4.887b continues to…
Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Zakynthos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar…
Caledonian Maritime Assets Ltd and Société des Traversiers du Québec have both ordered new passenger ferry designs from Deltamarin. Both companies named sustainable design and excellent energy efficiency as important criteria in the designs…
Rolls-Royce has received an order worth over $20m to supply diesel generator sets and thrusters to Houston-based offshore engineering and construction company J. Ray McDermott. The order, which includes six underwater mountable azimuth thrusters and four Bergen generator sets…
Statoil has extended its contracts with Schlumberger Norge AS and Baker Hughes Norge AS for integrated drilling services. The extensions are valid for two years from the autumn of 2010.The contracts include delivery of directional drilling…
Tracer Products has introduced the Tracerline Marksman ulltrasonic diagnostic tool, an instrument that converts and amplifies inaudible ultrasonic sound into audible “natural” sound. The Marksman uses a two-tiered process to ensure accurate diagnosis…
The International Bunker Industry Association (IBIA) has moved quickly to dispel the apparent confusion currently surrounding implementation of the EU directive requiring all ships to use low-sulphur fuel while at berth in EU ports.EU Directive 2005/33/EC requires that…
