GTT introduces an LPG cargo containment system

APRIL 5, 2017 — LNG containment leader GTT is turning its attention to LPG. Philippe Berterottière, Chairman and CEO of GTT says that, thanks to a new GTT containment system, the LPG

Viking Line signs shipbuilding contract with Chinese yard

APRIL 5, 2017 — Åland, Finland, headquartered Viking Line has signed a conditional shipbuilding contract with China’s Xiamen Shipbuilding Industry Co. concerning a new passenger cruise ferry for the Turku (Finland)–Åland Islands–Stockholm

Damen Dunkerque completes dry dock refurbishment

APRIL 5, 2017 — Damen Shiprepair Dunkerque (DSDu), France, recently staged a formal inauguration ceremony to mark the completion of major refurbishment works to its floating dry dock. The dock, capable of

WinGD unveils new piston ring concept

APRIL 5, 2017 — A new piston ring concept unveiled by Winterthur Gas & Diesel (WinGD) is based on the well-known and proven piston ring design used in WinGD two-stroke marine diesel

$11 million Jones Act penalty is largest ever

APRIL 5, 2017 — Furie Operating Alaska LLC has agreed to pay $10 million to satisfy a civil penalty originally assessed against it by U.S. Customs and Border Protection (“CBP”) for violating

$11 million Jones Act penalty is largest ever

APRIL 5, 2017 — Furie Operating Alaska LLC has agreed to pay $10 million to satisfy a civil penalty originally assessed against it by U.S. Customs and Border Protection (“CBP”) for violating

Clashing views on CBP Jones Act ruling revisions

APRIL 4, 2017 — On January 18, the Customs and Border Protection Agency (CBP) announced proposed modifications and revocations to around 30 identified rulings, as well as additional unidentified rulings, related to

Louis Martell takes helm at CSL Group

APRIL 4, 2017 — Louis Martel has taken over as President and CEO of Canada’s CSL Group, the world’s largest operator of self-unloading vessels, succeeding Rod Jones. CSL Group says that the

Seadrill warns of Chapter 11: Share price plummets

APRIL 4, 2017 — Shares in John Fredriken’s Seadrill Limited (NYSE:SDRL) plunged today as the drilling contractor warned that a restructuring plan it is working on “will likely involve schemes of arrangement

Up to four AET Tankers Aframaxes to be LNG dual fueled

APRIL 4, 2017 — Singapore-headquartered AET Tankers Pte Ltd (AET) says that up to four of the Aframax tankers that it has under construction at shipbuilder Samsung Heavy Industries Co Ltd (SHI)

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