A recent research from National Bank of Greece (NBG) on the shipping industry highlighted the country’s leading role in global sea transportation, although Hellenic ship owners are now coming face to face with never seen before challenges. According to the report, the nation merchant fleet remains t
Davie Yards Inc in Canada has unveiled a proposal for the implementation of a National Shipbuilding Procurement Strategy aimed at renewing the federal fleet and building what it called a “world class shipbuilding capability” in Canada, while providing more predictable work for the maritime industry.
The Oakland Tribune reports that a decade-long project by the US Army Corps of Engineers to deepen Port of Oakland’s shipping channel is finally complete, and the port will now be able to host some of the largest container ships in the world.
At least eight ships with Scandinavian connections are on the Paris MOU list of detained vessels in August. The Danish flagged Maria Soltin, owned by Soltin Shipment AS, was detained for the longest period of time – 13 days in Antwerp – with 16 deficiencies, five of which were grounds for detention.
The D/S Norden controlled bulk carrier Nord Explorer rescued the crew of 13 from the German controlled container carrier Pacific in the Southern Atlantic, as the latter one started to leak and rapidly became unstable. The Pacific captain made a distress call and the nearest vessel Nord Explorer, whi
Tsakos Energy Navigation Limited today announced the delivery and charter of DNA-aframax tanker Asahi Princess from Sumitomo Heavy Industries in Japan. The vessel was placed on a one-to-four month repositioning time-charter with a major international oil trader. Upon expiry of the charter, the vesse
Bollinger Shipyards is relying on ShipConstructor® 3D marine production software to build the US Coast Guard’s Sentinel Class Fast Response Cutters (FRC). The Sentinel Class is a new generation of USCG patrol boat that is a replacement for the Island Class Cutters Bollinger built almost a quarter ce
Australian Worldwide Exploration Limited (“AWE”) reports that the semi-submersible drilling rig Kan Tan IV operated by Maersk Drilling, is ready to commence drilling operations for a consortium of companies including AWE. The first well to be drilled in the program will be the appraisal well Trefoil
Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Ali
Austal has delivered the final four of a series of high-speed passenger ferries for Hong Kong’s Venetian Marketing Services Limited (VMSL). Recognisable by their electric blue livery, each of the 47.5-metre aluminium CotaiJets are now in operation between Hong Kong and Macao, servicing the entertain
Trond Westlie will take up the position as Group CFO of A.P. Møller – Mærsk A/S on 1 January 2010. He will become a member of the Executive Board of the A.P. Moller – Maersk Group. Trond Westlie, 48, comes from a position as Executive Vice President and CFO of Telenor Group, Norway. Before joining [
At least eight ships with Scandinavian connections are found on the Paris MOU list of detained vessels in August. The Danish flagged Maria Soltin, owned by Soltin Shipment AS, was detained for the longest period of time with its 13 days in Antwerp with 16 deficiencies, five of which were reason for
Drilling has kicked off on a new exploration well on the Marin XI licence area offshore the Republic of Congo targeting a 1986 oil discovery. The Viodo 4 well in the Marine XI licence area is being drilled in 65 m (213 ft) of water depth, and is targeting the Viodo discovery first made back [&hellip
Louis Cruises India, a subsidiary of the Louis Cruises has launched its operations in India with Kochi as its homeport. Louis Cruises is the cruise arm of Louis Group, a leading European tourism organization based in the Mediterranean with a 74-year-old history, 20 four and five star hotels in Greec
