NTSB: Continued operation of Stretch Duck 7 in severe weather led to fatal sinking

The National Transportation Safety Board (NTSB) said during a public board meeting Tuesday that the continued operation of amphibious passenger vessel Stretch Duck 7 during severe weather led to the fatal July

Meyer Turku reports loss-making year, starts layoff negotiations

Finland’s Meyer Turku shipyard today disclosed financial results for 2019 that included a loss of EUR 107.9 million (about $117 million), compared with a profit of EUR 29 million in the prior

African ship repair yard joins the fight against COVID-19

Namibian ship repair company Namdock, situated in Walvis Bay, has been utilizing its fabrication expertise to provide much-needed assistance to the Walvis Bay state hospital. By helping with the maintenance and repair

BIMCO offers advice on “floating storage” time charter clauses

With the collapse in oil prices, partly as a result of COVID-19, huge numbers of tankers are being time chartered for floating storage purposes. As a result, BIMCO is receiving enquiries about

COVID-19: Liberia calls for flag states to join together to facilitate crew change

The Liberian Registry is continuing its efforts to gain recognition of seafarers as “key workers” and for much needed crew-exchange to be allowed at major ports globally during the COVID-19 pandemic. The

Edda Wind wins long term charters for advanced offshore wind service vessels

Edda Wind, the offshore wind segment of Norway’s Østensjø Group, has signed long term time charter agreements with MHI Vestas and Ocean Breeze Energy respectively for two of four offshore wind vessels

Diamond Offshore files for Chapter 11

Houston-headquartered offshore drilling contractor Diamond Offshore Drilling, Inc. (NYSE: DO) reports that it and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the

IMO 2020: Singapore detains two ships, but says most comply

The Maritime and Port Authority of Singapore (MPA) reports that, in the first quarter of 2020, most ships calling at the Port of Singapore have complied with the International Maritime Organization’s (IMO)

Gibbs & Cox names cyber executive CIO

Arlington, Va., headquartered naval architecture and marine engineering consultancy Gibbs & Cox Inc. has hired Brian Hobbs, a cybersecurity and information technology executive, as Chief Information Officer. In his new role, Hobbs

Imabari wins ClassNK AiP for Cape size LPG dual fueled bulker

Classification society ClassNK has granted Imabari Shipbuilding Co., Ltd. an Approval in Principle for its concept design of a 180,000 DWT LPG dual fueled bulk carrier developed in cooperation with Mitsubishi Shipbuilding

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