International accountant and shipping consultant Moore Stephens says it is regrettable that changes announced for inclusion in the UK Finance Bill 2013 have failed to remove exchange rate distortions from the calculation of capital gains on ships…
Amarcon, a member of the ABB group, received an OCTOPUS-Onboard order for the new build Dockwise Vanguard. This vessel is one of the largest and most advanced heavy lift vessel ever built. The vessel was launched in November 2012 and is currently undergoing sea trials…
The International Chamber of Shipping (ICS), which represents over 80% of the world merchant fleet, has issued a new position paper on Arctic shipping. As the Arctic becomes more accessible, ICS has set out some key principles with regard to the future governance of Arctic waters…
Indian boat builders, Navgathi, launch a compact 4-passenger solar-powered boat, one of the smallest boats of this kind available in the world.There are two variants of the model, SX and QX. Both of them are of robust construction using FRP (2 layer CSM 450 mat and 1 layer of WRM 600)…
Staff from four leading international forwarders have voted Hapag-Lloyd the best shipping line for 2012.Four leading international forwarders have crowned Hapag-Lloyd as their best partner as follows:Kühne + Nagel (“Best Carrier Award”) and DB Schenker (“Ocean Carrier of the Year”)…
Germany's Hatlapa Uetersener Maschinenfabrik GmbH & Loewe Marine agree collaboration on steering gear and rudder system maintenance & repairs. Hatlapa's global sales and service network will go hand in hand with Loewe Marine's international network of shipping lines…
Dolphin Group ASA, headquartered in Norway, awarded multiple North Sea 3D seismic contracts for 2013.Dolphin has been awarded several contracts for the upcoming North Sea season. The awards are for both 3D and 4D seismic services and will…
Kirby Corporation completes the acquisition of Penn Maritime Inc. & Maritime Investments LLC, US operators of tank barges and tugboats.Penn's fleet, comprised of 18 double-hulled tank barges with a capacity of 1.9 million barrels and 16 tugboats…
A state-of-the-art new training centre outfitted with the latest KONGSBERG Offshore Vessel Simulator opened by Ukrainian crewing company Lerus Ltd.Established to meet growing training demand in Ukraine, Russia, Poland, Lithuania, Latvia…
Puntland, a Province of NE Somalia, Maritime Police Force (PMPF) in shoot-out with pirates aboard hijacked 'MV Iceberg 1' in rescue attempt.The crew on board the Iceberg 1, has been held hostage by pirates since March 2010. For some long…
The federal government is stepping up its efforts to kick-start the offshore wind industry by awarding $28 million in grants to seven development projects.The Department of Energy informs that each developer would receive up to $4 million to complete the engineering…
STX Finland is now lobbying the Finnish government on behalf of Royal Caribbean in a bid to get contract for third 'Oasis-class' cruise ship.A loan would help facilitate a deal to avoid Royal Caribbean building its third Oasis-class cruise ship in Germany or France…
The 64-foot yacht 'Rays the Bar' driven ashore on Vilano Beach, Florida, center of attention for responders & spectators.A response operation for a 64-foot yacht on the shoreline at Vilano Beach, Fla., involving the Coast Guard, St. Johns County Fire Rescue…
The companies agree to jointly make wind turbine and foundation offers on major European projects.AREVA will bring its expertise in design and production of wind turbines and STX France its know-how in specialized offshore foundations, with…
Kvichak Marine Industries, contracted to build a 44.5’ X 13.7’ 'Response Boat Medium – C' for the Los Angeles County Sheriff’s department.The RBM-C is the sistership of the highly successful USCG RB-M having been adapted to meet the CBRNE…
