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Frontline Ltd., the world's largest tanker company, today issued an update on progress with the restructuring plan it announced December 6. That plan is backed by more than $505 million in guarantees from Frontline's largest…
Arab Shipbuilding and Repair Yard (ASRY), one of the world’s leading shiprepairers, opened its doors to more than 400 guests, including a group of international journalists earlier this month as part of ceremonies marking its…
The inland waterways of the Netherlands are now home to the 6,100 dwt Argonon, the world's first new LNG-fuelled tanker, following its delivery by the Dutch Shipyard Trico B.V. Built to Lloyd's Register class, MT…
The first two of five split hopper barges built by Peru's Servicios Industriales de la Marina (SIMA) PERU S.A., to support the Panama Canal expansion were recently delivered to the Panama Canal Authority (ACP).Designed by…
Houston-based tank barge giant Kirby Corporation (NYSE: KEX) today announced the purchase of the coastwise tank barge fleet of Seaboats, Inc. and affiliated companies consisting of three 80,000 barrel coastwise tank barge and tug units…
The U.S. Merchant Marine Academy's training vessel, TV Kings Pointer, is being transferred from the Academy's Kings Point, N.Y. campus to Texas A&M University in Galveston. Those who are concerned about how the USMMA is…
Paris-headquartered offshore services giant Bourbon has opened Bourbon Baltic, an affiliate based in Saint Petersburg, Russia, to optimize crew recruitment and to continue offering oil and gas clients around the world top quality ship management…
Israel's Port of Haifa has added another Voith Water Tractor to the tug fleet that ensures the safe berthing of containerships at the port.Delivered by Spain's Boluda Shipyards, the 31.5 m x 12.5 m Ilan,…
A new publication from the UK P&I Club focuses on one of the major sources of cargo-related claims in the tanker sector. It is entitled "How to prevent tanker cargo shortage claims" and subtitled "The…
Maersk Supply Service has signed a contract with Chilean shipyard Asenav for two innovative new offshore vessels with an option for up to four additional vessels.The project value for the two vessels is close to…
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