At its meeting in London last week, IMO’s Marine Environment Protection Committee (MEPC) adopted mandatory measures to reduce emissions of greenhouse gases (GHGs) from ships. The measures were adopted by a majority,
Rolls-Royce has been awarded a contract worth about $80 million by Swire Pacific Offshore to supply advanced anchor handling systems for four offshore vessels, currently under construction in Singapore. The systems are
Norway’s Farstad Shipping ASA has reached an agreement with Brazil’s Petroserv S.A. that will see it buy Petroserv’s 50 percent share in BOS Navegação S.A. for $56.5 million. The deal will give
Wärtsilä has been awarded the contract to supply the main engines for a series of 25 tankers being built for Volga Shipping Co., Russia’s oldest shipping company. Fifteen of the ships are
EU Navfor says that late on the morning of July 16, the owners of the MV JUBBA XX reported that the laden tanker had been pirated in the northern Indian Ocean, on
The first two of a new class of vessels designed by Seattle-based Elliott Bay Design Group LLC (EBDG) and built for the Port Aransas Ferry Service by Southwest Shipyard LP went into
Rand Logistics, Inc. (Nasdaq:RLOG)) today announced that it has signed a binding asset purchase agreement, that will see its subsidiary, Lower Lakes Towing Ltd. acquire the Maritime Trader, a Canadian flagged dry
Blount Boats, Inc., Warren, R.I., has reached an agreement with South Boats Special Projects, Ltd., Cowes, U.K., that makes it the exclusive shipyard to manufacture U.S. flagged aluminum catamarans of South Boats
Netherlands-based IHC Merwede and BAE Systems have entered a cooperation agreement to meet the demands of the offshore construction vessel market in the U.S. IHC Merwede will be responsible for the design
Lévis, Québec, shipbuilder Davie Yards said yesterday that discussions that would have seen it acquired by Fincantieri are over. “The interested parties have concluded that it is not possible to reach an