The EGS management has gathered in Singapore to conduct the christening and blessing ceremony of the RV Geo Resolution, the latest addition to EGS’ fleet of deep water capable hydrographic and geophysical survey vessels, said a press release from the company…
The Danish container ship Susan Maersk has collided with the container ship Margret Oldendorff flying the Libyan flag. The 347 meter long, 110387 dwt container ship Susan Maersk and the 300 meter long, 208086 dwt bulk carrier Margret Oldendorff…
The Prime Minister Narendra Modi's 'Make in India’ initiative offers a plethora of opportunities in the maritime sector, particularly in shipbuilding, with the Shipping Ministry projecting a quantum jump in the volume of cargo and passengers moved through water transport…
Thomson Cruises’ newly acquired Splendour of the Seas will be renamed Thomson Discovery when it joins the company’s fleet in summer 2016 and it will homeport in Palma. Before setting sail under the Thomson name, the ship will undergo a re-brand and refurbishment…
The Australian Navy’s future submarine project has been excluded from the country's shipbuilding review on advice from the Abbott government that the new fleet would be built offshore. The review’s final report, published on Thursday, contained…
Germany's family-owned Meyer Werft shipyard is buying the Finnish state out of Turku shipyard in southwestern Finland, the government said on Wednesday.Meyer Werft and the government last year bought the troubled shipyard from Korean trade and ship corporation STX…
China Cosco Holdings has scrapped 14 vessels between February 1 and March 31 this year, continuing progress with its ambitious fleet renewal plan. The 14 ships comprised of one container vessel and 13 dry bulk carriers, which have a combined capacity of 924…
New ships today are no more efficient than they were over twenty years ago, despite shipping industry claims to the contrary. The efficiency of new ships has deteriorated by 10% on average since 1990. The study also shows that containerships built 30 years ago already…
In 2014, ASRY Offshore Services completed every one of its repair scopes within schedule, on-budget, and with leading safety standards. ASRY, a ship and rig repair yard in the Arabian Gulf, has confirmed that its Offshore division, which specializes in rig repairs…
The U.S. Navy Military Sealift Command cargo ship Cape Intrepid lost power and drifted in the Strait of Juan de Fuca for about 3 miles before a tug intervened to take control of the vessel on Saturday. The 685-foot Navy-contracted cargo…
Congressman Garamendi Makes Case for Revitalization of American Shipbuilding Industry and American Jobs at Bay Planning Coalition Meeting in Oakland Today, Congressman John Garamendi (D-Fairfield, Calif.), the Ranking Member of the House…
India's state-owned Cochin Shipyard Ltd (CSL) has entered into a Memorandum of Understanding (MoU) with Korean firm Samsung Heavy Industries for technology partnership in constructing liquefied natural gas (LNG) carrying vessels, reports local media…
Who – shipowner or insurer – should bear the costs of any action taken to prevent a stricken vessel from getting into further costly difficulties? A seminar organized jointly by the Association of Average Adjusters and the International Underwriting…
Starbound, a 72-foot ketch, recently made the 225-mile voyage from northern Maine to Narragansett Bay to begin its new mission as a platform for youth education and adventure. The vessel is currently under a long-term charter by a local non-profit…
The best third party ship managers employ technology, good business practices, economies of scale and a customized approach for each client. None of that will succeed without first addressing the human element of the equation. Ship managers Crowley Maritime…