NOL plans $1.54 billion box ship splurge
Singapore’s NOL Group today signed letters of intent to build 12 new containerships for its APL subsidiary. The ships, all to be built in South Korean shipyards, will include ten 14,000-TEU vessels
Author: Administrator
Graig to manage Chinese-owned bulk carrier
Cardiff, U.K., based Graig Ship Management Limited has taken delivery of the 79,600 dwt bulk-carrier King Peace. It is providing full technical management and crewing of the ship on behalf of Shanghai-based
BMT Nigel Gee develops new wind farm vessel technologies
Southampton, U.K., based BMT Nigel Gee, a subsidiary of the BMT Group, has announced several technologies designed, among other things, to reduce seasickness among workers traveling to offshore wind farm sites, which
ST Marine books AHTS order from Swire Pacific
Singapore Technologies Engineering announced today that its ST Marine unit has won a shipbuilding contract worth about S$171million (about US$ 179 million) from Swire Pacific Offshore Operations (Pte) Ltd (Swire Pacific Offshore),
Conrad Industries copes with flooding threat
Morgan City, La., based Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) provided an update today on the impact of the rising waters of the Mississippi River and the Atchafalaya River on its
LoBiondo calls for maintenance and improvement of MTS
The House Subcommittee on Coast Guard and Maritime Transportation, chaired by U.S. Rep. Frank LoBiondo (R-NJ) held a hearing today to review the state of the Marine Transportation System (MTS) and explore
Seaway 2011 shipping season off to a strong start
The St. Lawrence Seaway has reported a strong start to the 2011 shipping season. Initial indicators show signs of a continued rebound over last season with significant increases in grain, steel slabs,
Fincantieri names new Marinette Marine President and CEO
Chuck Goddard has been named President and CEO for Marinette Marine Corporation, effective immediately, Fred Moosally, President and CEO of the shipyard’s parent Fincantieri Marine Group announced yesterday. Mr. Goddard comes to
Deployment changes will hit Carnival earnings
Cruise giant Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) expects the revised impact from the prolonged conflicts in the Middle East and North Africa region, as well as the earthquake and
BIMCO elects its youngest President ever
BIMCO members have elected Yudhishthir Khatau as the 41st President of the international shipping organization. Succeeding German shipowner Robert Lorenz-Meyer, who has completed his two year time in office, Mr Khatau is