Matson now separated from Alexander & Baldwin

JULY 2, 2012 — Alexander & Baldwin Holdings, Inc. (NYSE:  ALEX) has completed its previously announced plan to separate its land and transportation businesses into two stand-alone, publicly traded companies. From today,

NOL to sell Singapore headquarters building

JULY 2, 2012 — NOL Group said today it intends to sell its iconic Singapore headquarters building. The container shipping giant says it is selling the 26 story building to release capital

Dockwise takes stake in Fairstar to 80.4%

JULY 2, 2012 — Heavy lift shipping giant Dockwise today reports that, through its wholly-owned subsidiary Dockwise White Marlin B.V., it now controls 80.4 percent of the outstanding shares of Fairstar Heavy

MOL’s hybrid car carrier completed

JULY 1, 2012—Mitsui O.S.K. Lines, Ltd. announced the completion of the 6,400-auto hybrid car carrier Emerald Ace, designed to generate zero emissions while berthed, at the Mitsubishi Heavy Industries, Ltd., in the

First of two ice-breaking supply vessels for Sovcomflot launched

JULY 1, 2012—The first of two 99.9m multi-functional icebreaking supply vessels for Arctic operation was launched at Arctech Helsinki Shipyard on June 30. The hull assembly for sister vessel is expected to

Surveyor who died in Yemen bomb blast “doubted pirate attack story”

JUNE 29, 2012 — A U.K. court has been told that British marine surveyor David Mockett was killed by a bomb blast in Yemen on July 20 last year after he had

Mitsui O.S.K. orders LNG carriers at KHI and MHI

JUNE 29, 2012 — Mitsui O.S.K. Lines, Ltd. has signed a long-term contract for two new liquefied natural gas (LNG) carriers with Kansai Electric Power Inc.  and has concluded contracts to build

Island Offshore orders PSV pair at STX OSV

JUNE 29, 2012 — Island Offshore, in which the Chouest and Ulstein families are partners, has ordered two platform supply vessels from STX OSV. The vessels will be of Rolls-Royce’s UT 717

General Dynamics to acquire Earl Industries ship repair and coatings division

JUNE 29, 2012 — General Dynamics (NYSE: GD) has agreed to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S.

BAE Systems Mobile shipyard cuts steel for Weeks Marine dredge

JUNE 29, 2012 — BAE Systems has begun construction on the MV Magdalen, an 8,500 cubic yard capacity trailing suction hopper dredge for Weeks Marine, Inc. Executives from the two companies gathered

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