During the 24th edition of Euronaval, the most prestigious event in the world for naval defense, Fincantieri, one of the major shipbuilding groups worldwide, and Vittoria Shipyard, located in Adria (Rovigo), specialized in naval vessels, and cargo ships up to 100 meters in length…
Danaos Corporation, a leading international owner of containerships, today reported unaudited results for the period ended September 30, 2014. Highlights for the Third Quarter and Nine Months Ended September 30, 2014:* Operating revenues of $139…
Eco Marine Power together with strategic partners has installed an Aquarius Management & Automation System (MAS) integrated with a marine solar panel array on-board the Blue Star 'Delos'. The Aquarius MAS has been installed as part of a joint…
First Ship of New Class for Royal CaribbeanMEYER WERFT delivered the 167,800-gt cruise ship Quantum of the Seas to the U.S. cruise operator Royal Caribbean Cruises Ltd. yesterday in Bremerhaven.According to the builder, the first ship…
The George H.W. Bush Carrier Strike Group (GHWB CSG) transited through the Suez Canal marking the end of more than seven months of Maritime Security Operations (MSO) in the U.S. 5th Fleet area of operations (AOO), Oct. 27.Commanded by Rear Adm…
The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance, was delivered today to Archer Daniels Midland Company (ADM) of the U…
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a 80,000 DWT bulk carrier, 'CIC EPOS', to its European Buyer…
The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.North Dakota, designated SSN 784, honors the state's citizens and veterans…
Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.The facility is comprised of a $192m term loan facility and a revolving credit facility of up to $148m…
London-based ship manager Newport Shipping has introduced a new revenue sharing agreement (RSA) concept to the Handysize bulk carrier sector and will now market the scheme under Newport Handy Bulkcarriers.The RSA concept, proven in the larger Supramax…
Vessel operating costs are expected to rise by almost three per cent in both 2014 and 2015, according to a new survey by international accountant and shipping consultant Moore Stephens. The…
The London P&I Club saidfailure to preserve Voyage Data Recorder (VDR) data in the event of an incident can compromise the owner’s position in the event of a claim.In the latest issue of its StopLoss Bulletin, the club says that its ship…
DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.The ‘APL Phoenix’ was welcomed by DP World Chairman…
The Danish Maritime Authority informed that the Ballast Water Management Convention is now one step closer to ratification following last week’s meeting of United Nations’ International Maritime Organization (IMO).At last week’s meeting of the IMO Marine Environment Protection Committee…
Chief of Naval Personnel (CNP) Vice Adm. Bill Moran visited Naval Special Warfare (NSW) Sailors during an all hands call on Joint Expeditionary Base Little Creek-Fort Story, Oct. 21. Moran discussed a variety of topics, including enlisted retention boards…
