Latest News
A merger of Japanese shipbuilders that has been long in the works looks set to finally become reality. According to agency reports, steelmaker JFE and industrial giant IHI have issued a stock market announcement that…
John Fredriksen controlled offshore drilling contractor Seadrill has had to change the timeline of its planned listing of Brazilian subsidiary, Seabras Serviços de Petróleo S.A. (Seabras), on the BM&FBOVESPA, the São Paulo Stock Exchange.Seadrill reports…
U.S.-flag containership operator Horizon Lines, Inc. (OTCQB: HRZL) will pay penalties of $1.5 million under a plea deal with the U.S. Department of Justice. The company says that operating subsidiary Horizon Lines, LLC operating subsidiary…
Hanne B. Sørensen has been appointed new CEO of Maersk Tankers effective February 13. Sørensen, the Chief Commercial Officer (CCO) of Maersk Line, succeeds Søren Skou, who recently assumed the position as Maersk Line CEO."Hanne…
Heavy sea conditions forced salvage workers from the Netherland’s SMIT and Italy’s NERI to suspend fuel removal operations today from the cruise ship Costa Concordia, which is grounded off of the island of Giglio, Italy.One…
International Paint has introduced Intersmooth 7465Si SPC and Interswift 6900Si silyl acrylate antifouling coatings. Aiming to improve and enhance customer choice, International says that it is the first and only global manufacturer to offer both…
Leading American shipbuilders and repairers are moving ahead with plans for a national Maritime Workforce Development program overseen by a National Maritime Education Council.Spurred by the high cost of recruiting, hiring and training the thousands…
John Poulson is rejoining the management team of the American P&I Club on February 1 as vice president, principal surveyor and head of the survey and technical department.He worked with the club's managers for several…
ABB is to provide an energy management system for an environmentally-friendly cruise ferry. The LNG-fueled vessel is to be delivered to Viking Line in 2013. It is being built at STX Finland's Turku shipyard.The new…
Rep. John Mica (R-Fla.), Chairman, House Transportation and Infrastructure Committee, is to be honored on March 20 as the American Association of Port Authorities' (AAPA) "Port Person of the Year" during the association's 100th anniversary…
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