International Shipholding sells two Pure Car Truck Carriers

Mobile, Alabama, headquartered International Shipholding Corporation (NYSE: ISH) announced today that it has entered into an agreement with Norwegian Car Carriers ASA for the sale of two of its international flag Pure

American Cruise Lines orders another riverboat at Chesapeake Shipbuilding

Small ship cruising leader American Cruise Lines is to build another brand new riverboat to meer the high demand for its U.S. river cruises. A contract has been signed and construction has

MSC cruises takes over cruise ship newbuild ordered by Libya’s GNMTC

STX Europe announced that MSC Croisières and STX France have entered into a contract for construction of a 140,000 grt cruise ship that is currently being built at the Saint-Nazaire shipyard and

Helix awards Jurong Shipyard $385.5 million order for well intervention semi

Houston headquartered Helix Energy Solutions has placed a $385.5 million order with Singapore’s Jurong Shipyard, a Sembcorp Marine subsidiary. It covers construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s

OSX Brasil gets $732 million products tanker order

OSX Brasil has added eleven 45,000 dwt medium range products tankers to the orderbook of its Açu Shipbuilding Unit. They are to be built for Kingfish do Brasil Navegação S/A, which will

AIDA newbuilds will use air bubbles and Azipods to cut fuel consumption

Carnival Corporation’s AIDA Cruises subsidiary has released more details about the two 3,250 passenger cruise ships that it has on order at the Nagasaki Shipyard of Japan’s Mitsubishi Heavy Industries (MHI) for

Tidewater reports “unexpected developments” in Angola JV negotiations

Offshore services giant Tidewater Inc. (NYSE: TDW) reports “unexpected developments” in its negotiations with Angolan national oil company Sonangol on Sonatide, the joint venture with Sonangol in which Tidewater has a 49

Sinopacific Shipbuilding and MHI to jointly develop fuel-efficient bulker

Mitsubishi Heavy Industries, Ltd. (MHI) has signed a joint-development agreement with Sinopacific Shipbuilding Group Co., Ltd. of China under which MHI will provide technological support to Sinopacific in the area of commercial

Saltchuk promotes Chiarello to President and CEO of TOTE

Seattle-based Saltchuk Resources, Inc., has promoted Anthony Chiarello, to president and CEO of TOTE, Inc., the largest of its six operating groups. Mr. Chiarello, who accepted the top leadership position at TOTE,

Ezra poised to “seize opportunities” after $100 million private placement

Singapore’s Ezra Holdings has raised nearly US$100 million in a private placement aimed at boosting its balance sheet in anticipation of increased demand for its subsea and offshore support services. Now, it

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