Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader providing energy transportation services, today announced that it will build four, 114,000 dwt 44-meter beam Aframax tankers at the New Times Shipbuilding Co., Ltd. shipyard based in Jinjiang, China.
The Navy’s long-term submarine plans came under fire Tuesday from House lawmakers, who raised concerns that sharp reductions in the size of the subsurface fleet pose national security risks.
Just a week before the Queen of the North sank, the head of safety for BC Ferries expressed concern about the “immense complexity” of the equipment on modern ships.
Three fishermen drowned in Lake Victoria and another narrowly escaped after their fishing boat was hit by a cargo vessel.
ETA Shipping and Trading, one of the oldest arms of the diversified, Dubai-based, ETA-Ascon Group, has placed an order for two 81,200 dwt (dead weight tons) super panamax bulk carrier vessels with M/s. Universal Shipbuilding Corporation, Japan.
Vulcan Materials Company today announced that it is performing a major expansion and upgrade of the processing facility at its Sac Tun quarry on Mexico
The Barents Sea could become Europe’s next leading offshore oil and gas province by 2020, said Helge Lund in his speech at the Mot Nord (Looking north) conference in Bod
Applied Technology & Management (ATM) in the US recently started construction on the Debordieu Beach Nourishment Project, which involves the placement of approximately 600,000 cubic yards of sand
We are pleased to announce that Vroon has placed an order for two Handymax bulk carriers at the Nam Trieu Shipyard in Vietnam. The vessels
ABN AMRO ONE watch captain Mark “Crusty” Christensen will sail the next leg of the race to Baltimore despite carrying a knee injury.
Miami-based Carnival Corp., the world’s largest cruise ship operator, estimated Tuesday that last week’s fire aboard the Star Princess will cost between $33 million and $42 million. That’s what Carnival said it will have to spend to repair the ship and compensate passengers
KOLKATA, Garden Reach Shipbuilders & Engineers (GRSE) Ltd, the 112-year-old public sector shipyard under the defence ministry, plans to set up two more facilities to attract more orders from the Indian Navy as well as private buyers.
Hanjin has been handling an annual container volume of 40,000 TEUs through its Bremen agency. By establishing a sales office as a direct sales organization, the company expects to improve its business and organizational efficiency.
On March 31, Hanjin Shipping will sign a USD 256.4 million contract with Samsung Heavy Industries (SHI) to build four additional 4,300TEU containerships. They will be of the same capacity and type as the four vessels previously ordered last November
