Maritime Cabotage Task Force now American Maritime Partnership

American Maritime Partnership (AMP) is the new name for the Maritime Cabotage Task Force. It says that the new name “better reflects the coalition’s focus on the domestic maritime industry’s role in

Great Lakes Dredge reports record results

Sand berm building after the Deepwater Horizon spill helped Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) achieve record  financial results for the quarter and year ended December 31, 2010. Great Lakes is

Fourth quarter red ink at Frontline

John Fredriksen controlled tanker giant Frontline Ltd. reported a loss of $11.8 million for the fourth quarter of 2010, equivalent to a loss per share of $0.15, compared with net income of

Somali pirates murder four American hostages held on S/V Quest

The four American hostages held aboard the hijacked yacht Quest by Somali pirates have been murdered by their captors. Of the 19 pirates believed involved in the incident, four are dead and

DNV: LNG fuel best way to meet North American emissions limits

A report from DNV says that using LNG as fuel is the most efficient and economical way for ships to meet air emissions requirements in the U.S. and Canada that take effect

Maersk orders ten 18,000 TEU Triple-E containerships

It’s official Maersk Line has signed a contract with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build ten 18,000 TEU containerships, with an an option for an additional 20 vessels.

Samsung to build wind farm installation vessel for Swire Pacific

The Swire Blue Ocean parent company, Swire Pacific Offshore Operations (Pte) Ltd., recently placed an order with Korea’s Samsung Heavy Industries (SHI) to construct for a 161m, jackup type windfarm installation vessel. 

Greenpeace raises ship financing, one fork at a time

Want to help Greenpeace fund the construction of the new Rainbow Warrior? Buy a fork for EURO 1 or a washing machine for EURO 750 or a GPS for EURO 4,000. Greenpeace

Berlian Laju Tanker gets bank commitments for $685 million term facility

Indonesia’s PT Berlian Laju Tanker Tbk , whose subsidiaries include Southport, Conn., headquartered Chembulk Tankers, says it has secured commitments from six  leading commercial banks  to provide $685 million in a new

Chouest LaShip shipyard project takes a step forward

Edison Chouest Offshore’s LaShip shipyard project in the Port of Terrebonne, Louisiana, is moving forward.The port commission has now posted an RFP for the yard’s 320 ft dry dock on the Central

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