Queen of the Mississippi completes first sea trial ahead of schedule

American Cruise Lines newbuild river cruise vessel Queen of the Mississippi recently left the pier at Chesapeake Shipbuilding in Salisbury, Maryland, for its first sea trial. The vessel performed perfectly as the

FastShip files for Chapter 11 bankruptcy protection

It was to have been a highspeed containership with a semi-planing hull, gas turbine power and waterjets linking Philadelphia and Cherbourg, France. At one time, there were hopes it could have been

COSCO Guangdong to build up to 10 PSVs for U.S. shipowner

China’s COSCO (Guangdon) Shipyard Co., Ltd. is to build up to ten Rolls-Royce design UT 771 CDL Platform Supply Vessels for an as yet unnamed “American shipowner.” A stock exchange announcement says

Contractor takes to river to beat London traffic

Walsh & Sons, a U.K. construction and recycling company with a fleet of 60 trucks, is planning to beat road congestion by switching to river transportation. Last week, as part of that

Vantage Drilling to add DSME newbuild drillship to fleet

Houston-headquartered Vantage Drilling Company (NYSE Amex: VTG) reports that it has signed a definitive agreement with Valencia Drilling Company to acquire the rights and obligations under the construction contract for the ultra-deepwater

CLIA seeks greater transparency on casualty reporting

Cruise Lines International Association (CLIA) is recommending enhancements to regulations about the reporting of casualties at sea. Specifically, CLIA is recommending that the International Maritime Organization (IMO) expressly and more clearly require

Hapag-Lloyd reports $38 million loss for 2011

Container shipping giant Hapag-Lloyd turned in a net loss of €28.8 million (about $38 million) in 2011. According to the consolidated financial statements approved today by the Supervisory Board, Hapag-Lloyd increased its

Hercules Offshore to acquire jack-up from Diamond Offshore

Hercules Offshore, Inc. (Nasdaq: HERO) reports the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore Drilling, Inc. (NYSE: DO – News).

CARB has funds to guarantee loans for vessel emission reduction

The California Air Resources Board has received $5 million in American Recovery and Reinvestment Act Funds to help clean up a variety of boats and vessels that operate in California’s ports and

American Club warns of USCG crackdown on MARPOL compliance

The U.S. Coast Guard is tightening its vigilance on ships that may infringe MARPOL regulations, the American P&I Club has warned its members. The club’s managers warn that there has been a

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