Latest News
The National Transportation Safety Board has determined the probable cause of the January 23, 2010, collision of the 810 ft tanker Eagle Otome with the 597 ft cargo vessel Gulf Arrow and the subsequent collision…
Great Lakes bulker operator Rand Logistics, Inc. (Nasdaq:RLOG) reports that it has successfully closed its public underwritten offering of 2,800,000 shares of common stock at $6.00 per share. Proceeds, net of underwriter's commissions, were $16.1…
Bourbon Front, a latest-generation Platform Supply Vessel (PSV), has left Sinopacific Shipbuilding Group's Zhejiang shipyard, in China. The vessel is the first PX 105 PSV to be built by Zheijiang (see report in our September…
First VLCC Order with the New G-Type Engine Greek ship management company Almi Tankers S.A. is set to establish itself as a market front runner with the new ultra long stroke G-type engine tailor-made for…
The U.S. Navy has awarded contracts for the construction of two more Arleigh Burke class destroyers - DDG 114 at  Ingalls Shipbuilding and DDG 115 at Bath Iron Works.Huntington Ingalls, Inc., Pascagoula, Miss., is being…
Hyde Marine, Inc. reports that its Hyde Guardian ballast water treatment system (BWTS) has received Type Approval from the American Bureau of Shipping (ABS).Hyde Guardian was the first BWTS to receive Product Design Assessment (PDA)…
Shipbuilder Huntington Ingalls Industries, Inc. (NYSE:HII) reports that Chad N. Boudreaux has joined the company as corporate vice president for litigation, investigations and compliance. He will report to Bruce N. Hawthorne, corporate vice president, general…
NATO reports that pirate activity has increased in the Southern Red Sea. Over the September 24-25 2011 period, there was one attack/boarding by pirates and three suspicious approaches.  The attack occurred on September 25 at…
The IHC Merwede shipyard in Krimpen aan den IJssel, The Netherlands, has launched a self-elevating heavy-lift jack-up vessel for GeoSea NV, the offshore marine construction specialist company within the DEME Group, based in Belgium.Named Neptune,…
The IHC Merwede shipyard in Krimpen aan den IJssel, The Netherlands, has launched a self-elevating heavy-lift jack-up vessel for GeoSea NV, the offshore marine construction specialist company within the DEME Group, based in Belgium.Named Neptune,…
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