Overall confidence levels and the likelihood of major new investments in the shipping industry in the next 12 months picked up marginally in the quarter ended November 2011, according to the latest Shipping Confidence Survey from leading accountant and shipping adviser Moore Stephens…
According to a report from Bloomberg, the number of container ships idled rose to the highest level in 18 months as the supply of vessels expanded and trade growth slowed, citing information from Alphaliner.According to the report, 210 ships with a combined carrying capacity of 526…
OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, and OSX, a private Brazilian corporation that provides equipment and services to the offshore oil and natural gas industry via integrated operations in naval construction…
Marine mining, featured on the Institute of Marine Engineering, Science and Technology’s (IMarEST) Technical Activities Hot Topics Register, has added an important sustainability credential with the adoption of the revised ‘Code for the Environmental…
U.S. Army Takes Delivery of New Fire/Rescue boat from Gladding-Hearn.Gladding-Hearn Shipbuilding, Duclos Corporation has delivered a new high-speed fire/rescue boat to the U.S. Army. The all-aluminum vessel, designed jointly by the Somerset…
The Maritime Security Council has accredited the on-demand trip threat reports. Piracy continues to be a major problem affecting large yachts and worldwide shipping concerns. Pirate attacks are spreading from the Gulf of Aden/Indian Ocean east to Asia and to the west coast of Africa…
Ocean Rig UDW (NASDAQ: ORIG) announced that the remainder of the existing drilling contract with Vanco for the 6th generation drillship Ocean Rig Olympia has been novated to a Europe based operator for drilling offshore West Africa. The remaining duration provides for 120 days of work…
Maritime Professional Training (MPT) has upgraded its simulator, and the maritime training and education provider is claiming that it will be world’s most visually realistic maritime simulator training experience. The system – which provides…
Transas Marine GmbH is the first among all German training institutes to receive BSH Flag State approval for its STCW conform ECDIS training. BSH has issued a certificate for Transas with an honorable number BSH-2011-921-001. ECDIS Training offered by Transas Marine follows the IMO Model Course 1…
American Science and Engineering, Inc. (NASDAQ: ASEI), received its first order for a Z Backscatter Van (ZBV) from the Kingdom of Saudi Arabia. The ZBV system will be used to screen vehicles at high threat security locations for explosive threats and contraband…
A new publication from the UK P&I Club “How to prevent tanker cargo shortage claims” and subtitled “The cause of claims and how to avoid them during pre-loading, loading and unloading” focuses on one of the major sources of cargo-related claims in the tanker sector…
Telemar, in partnership with ORBIT Communication Systems and Milano Teleport launched iCGlobal, a concept the trio dubs a new paradigm in maritime satellite communications. Described as 'flexible and future proof,' the companies say the service combines the benefits of robust…
Costa Cruises opened its sixth season in the Emirates with the inaugural call in Dubai of the flagship Costa Favolosa. A welcoming ceremony has celebrated the first arrival of the flagship at the port, at the presence of Awah Al Ketbi, CEO of AL Ketbi Consultancy…
Earlier this month Bohandymar Limited – a 100% subsidiary of CMB – ordered 6 Handysize ECO-type bulk vessels (36.000 dwt) from Samjin Shipbuilding Industries Korea (Samjin) on very competitive conditions. The order includes two options each for two additional units…
As Bahrain’s Arab Shipbuilding & Repair Yard Co (ASRY) celebrates its 35th Anniversary, this week the company officially inaugurated and opened for business its new 1.38km Repair Quay Wall. The official inauguration of the new Repair Quay Wall…
