DryShips reenters the tanker market
FEBRUARY 21, 2017 — Athens headquartered DryShips Inc. (NASDAQ: DRYS) announced today that it has entered into agreements with unaffiliated third parties to acquire two tankers for a total price of around
FEBRUARY 21, 2017 — Athens headquartered DryShips Inc. (NASDAQ: DRYS) announced today that it has entered into agreements with unaffiliated third parties to acquire two tankers for a total price of around
FEBRUARY 20, 2017 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) has completed retrofit work to enable 80 LNG carriers to run on Low Sulfur Fuel. IMO’s global sulfur
FEBRUARY 20, 2017 — Australia’s first commercial LNG bunkering took place January 23 at Kings Bay Supply Base, Dampier, Western Australia. Under an agreement with Woodside Energy, EVOL LNG, part of Wesfarmers
FEBRUARY 17, 2017 — Ottawa, Canada headquartered Gastops Ltd. has been selected by Eastern Shipbuilding Group to provide the Dynamic Response Analysis (DRA) for the U.S. Coast Guard’s new Offshore Patrol Cutter
FEBRUARY 17, 2017 — Rolls-Royce will be showcasing its MTU drive and propulsion solutions at the IDEX and NAVDEX 2017 defense technology trade shows that take place in Abu Dhabi from February
FEBRUARY 17, 2017 — South Korea’s Yonhap news agency reports that Hanjin Shipping Co. was today officially declared bankrupt by the Seoul Central District Court, after a two-week period for appeal expired.
FEBRUARY 16, 2017 — In the latest development in the “Fat Leonard Affair” Navy bribery scandal, Mario Herrera, 48, of Helotes, Texas, was charged in a complaint unsealed today with accepting luxury
FEBRUARY 16, 2017 — Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) reports that it has reached an agreement with shipbuilder Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise
FEBRUARY 15, 2017 — The U.S. Merchant Marine Academy (USMMA), Kings Point, NY, has announced that Sea Year training for USMMA Midshipmen will resume on three commercial carriers —Crowley Maritime, Maersk and
FEBRUARY 15, 2017—“Quiet” ships will pay off in the Port of Vancouver. That’s because as of the start of this year the Vancouver Fraser Port Authority launched a new incentive criteria to