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AUGUST 11, 2015—With a high rate of hijackings in Southeast Asia, small tanker operators will continue to face a security threat amid a high demand for illicit oil, together and a well-established black market, according…
AUGUST 11, 2015—Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Shipyard Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts…
AUGUST 11, 2015—Some veteran Mississippi push boats and barges have been transported to South America for second careers. However, conditions on a great river like the Paraguay-Paraná are different. It has sharp bends, shallow stretches,…
AUGUST 11, 2015—Crowley Maritime Corp.’s Global Ship Management Group has secured a new technical management contract for six Military Sealift Command (MSC) Maritime Prepositioning Ships (MPS). Services provided by Crowley will be full turnkey operation…
AUGUST 10, 2015—Today, the U.S. Coast Guard is expected to announce in San Diego, CA, record drug seizure rates as the crew of the Cutter Stratton offloads more than 66,000 pounds of cocaine worth $1.01…
AUGUST 10, 2015—The first UN aid ship to arrive in war-torn Yemen in more than four months docked in the oil port of Al-Bariqa in the city of Aden on July 22 loaded with 7,000…
AUGUST 10, 2015—South Korean shipyards are market leaders for construction of floating and fixed offshore oil and gas installations. They are world-class competitively, but even greater savings could result from addressing variations in owner, operator…
AUGUST 10, 2015—The specialized reefer fleet is shrinking and shows no signs of reversing in the future. However, the reefer containership fleet has increased by 6% year-on-year and is set to grow 20% by 2018,…
AUGUST 10, 2015—Kobelt, Surrey, Canada, has acquired Accu-Steer Inc., a U.S.-based manufacturer of a range of hydraulic steering actuators for commercial vessel and pleasure craft markets. Accu-Steer, Inc., Bellingham, WA, was founded by Bill Pulse…
AUGUST 9, 2015—So who is the highest valued company in shipping? VesselsValue.com puts shipping and container giant A.P. Møller Maersk as the top dog with a valuation of about $13 billion, with 262 vessels owned.…
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