China Shipping Group has launched container shipping services in Moldova, becoming thus the second foreign companies to have the operation in the country's only port of Giurgiulesti. The hub is vital for Moldova as its economy suffers as a result of the Russian embargo on Moldovan goods…
“Viking Sea”, the second of three ships which Fincantieri is currently building for the company Viking Ocean Cruises, was launched today at Fincantieri’s shipyard in Ancona. Interior fittings will now begin, leading the ship to its delivery scheduled in spring 2016…
Finnish natural gas importer Gasum and Dutch gas tanker ship-owner Anthony Veder have signed an agreement for a long term time charter of a new ICE Class 1A Super LNG carrier. The companies have agreed on a long term timecharter for a state of the art 18…
Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector. Over the next year, the company is restructuring some independent divisions under the same roof. It’s…
Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets…
Crowley Maritime Corp. announced that 65 of its vessels were recently recognized for participation in the Automated Mutual-Assistance Vessel Rescue (AMVER) program, a computer-based voluntary global ship reporting system used worldwide by search…
Mercator Limited announced that it is expanding its dredging business by adding two more Dredgers to its fleet. Mercator,India's largest Marine and Energy group with businesses in Oil & Gas, Coal, Shipping and Dredging, has taken delivery of two European built dredgers…
Mumbai-based shipping firm Varun Shipping Co. Ltd will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announced that according to the Composite Scheme of Arrangement and Amalgamation…
VIKING Saatsea has achieved flag state approval for its STCW on-board training solution with refresher modules according to new STCW 2010 Manila Amendments.The approval of the company’s 24/7, customizable certification management training…
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry.Discounted Cash Flow vs Market ValuationsDiscounted Cash Flow Valuations is the…
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine…
The $3.5 billion Phase 3 and 4 expansion of Pasir Panjang Terminal was officially opened by Prime Minister Lee Hsien Loong on Tuesday (June 23). The expansion will add 15 berths with a 6 km quay length to the container terminal's existing 52 berths…
Hyde Marine, Inc. has announced the appointment of LEMAG Engineering GmbH as its exclusive sales agent in Germany to help ship owners deploy the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) onto their new builds or existing vessels…
Seagull Maritime has launched a new onboard training course covering Enclosed Space Entry in ships, at a time when the issue is being brought into sharp focus by industry regulators. A committee meeting of the Ports Memorandum on Port State…
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announces a new direct, weekly LCL (less than container load) import service from Milan to Charleston with a 21 day transit. Connections to Miami…
