Russian shipping company Sovcomflot has placed an order at Zvezda Shipbuilding Complex for the construction of three new-generation MR product carriers using LNG as their main fuel. The vessels will be chartered
Britain’s new Foreign Secretary, Dominic Raab, has ruled out any exchange of the detained U.K flagged tanker Stena Impero for the Iranian owned Grace I. The idea of such a swap was
Well -trained crews are vital to the success of any ferry service, especially as new vessels enter operation, often with advanced features and characteristics that may be unfamiliar to existing personnel. Among
Today, Transport Canada has issued monetary penalties of C$7,800 each to two vessels Americaborg and Atlantic Spirit, for alleged non-compliance with a temporary mandatory slow down. put in place July 10, to
Argentina’s largest energy company, YPF, has reached a preliminary agreement with Excelerate Energy L.P. for the charter of an LNG carrier that will export LNG from the Tango FLNG unit, located in
The Coast Guard Marine Safety Center has received its 28th application for Ballast Water Management System type approval. It is for the SeaCURE BWMS, manufactured by Evoqua Water Technologies Ltd. MSC will
Member authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on Emergency Systems and Procedures. Ships often operate
French offshore services giant Bourbon Corporation said today that it has filed to enter court supervised reorganization proceedings (redressement judiciaire) to the Commercial Court of Marseilles. This came after the court rejected
The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management have reached announced a definitive agreement to acquire and merge Portland, Ore., headquartered Vigor Industrial LLC and Norfolk, Va., based
Nikkei Asian Review reports that a consortium of U.S. private equity firm Cerberus Capital Management and Australian shipbuilder Austal is in exclusive talks to acquire the strategically located Cebu, Philippines, shipyard formerly