Breaking News

December 25, 2014
MOL to manage, operate Reliance VLEC newbuilds
DECEMBER 25, 2014 — Mitsui O.S.K. Lines, Ltd. (MOL) says it has entered a strategic association with India's Reliance Industries for the transportation of Liquefied Ethane from United States to India. The liquid ethane will be carried in the...
December 24, 2014
Weeks wins $7.5 million dredging contract
DECEMBER 24, 2014 — Weeks Marine, Inc., has been awarded a $7,537,000 firm-fixed-price contract, with options, to furnish one fully crewed and equipped cutterhead dredge, with a dredge discharge size of 30 inches inside diameter, complete in...
December 24, 2014
Steamship Authority picks EBDG design for new ferry
DECEMBER 24, 2014 —  Elliott Bay Design Group (EBDG) has released a few more details about the new freight and passenger ferry it designed for the Woods Hole, Martha's Vineyard & Nantucket Steamship Authority (SSA) that will be built at...
December 24, 2014
Royal Caribbean scrubber move gets EPA, USCG nod
DECEMBER 24, 2014 — As we reported earlier this week, Royal Caribbean is to retrofit 19 of its cruise ships with exhaust gas scrubbers. Using scrubbers to meet ECA sulfur limits involves more than going out shopping for the needed hardware....
December 23, 2014
Moody's places Petrobras' ratings on review for downgrade
DECEMBER 23, 2014 — Moody's Investors Service today placed Petrobras S.A.'s Baa2 global foreign currency and local currency debt ratings on review for possible downgrade. The rating action reflects concern about potential liquidity pressures...
December 23, 2014
Repairs to fire damaged cruise ship to take nine weeks
DECEMBER 23, 2014 — Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) today quantified the financial impact of the December 11 fire on board its Oceania Cruises subsidiary's cruise ship Insignia. Two contractors and an Insignia crew member...
December 23, 2014
Aker Philly marks two milestones in tanker program
DECEMBER 23, 2014 — Aker Philadelphia Shipyard celebrated two significant ship milestones this week. Today, the shipyard held a ceremonial keel laying for the second of four Jones Act product tankers that it is building for its joint venture...
December 23, 2014
GD NASSCO wins another Navy MLP contract
DECEMBER 23, 2014—General Dynamics NASSCO, San Diego, CA, will build its fourth Mobile Landing Platform and second configured as an Afloat Forward Staging Base (AFSB) for mine countermeasure (MCM) helicopters and special operations forces (SOF)...
December 23, 2014
Decommissioned carrier Ranger to be dismantled
DECEMBER 23, 2014 — The Navy has awarded a contract for the towing and dismantling of the decommissioned aircraft carrier Ranger (CV 61) to International Shipbreaking Ltd.  Under the contract, the company will be paid $0.01. The price...
December 23, 2014
ThyssenKrupp sells Emder Werft shipyard
DECEMBER 23, 2014 — ThyssenKrupp has entered an agreement to sell the Emder Werft und Dockbetriebe shipyard in Emden, Germany, to Hamburg based private equity firm Seafort Advisors GmbH. ThyssenKrupp says it began looking into alternative...

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