VIDEO: HSV Swift hit by missile attack

OCTOBER 5, 2016 — An Incat wavepiercing catamaran once leased by the U.S. Navy, HSV Swift, has been severely damaged after coming under missile fire by Yemeni rebels this past Saturday. Fox

Italian Navy PPA patrol vessels to have MTU engines

OCTOBER 5, 2016 — Rolls-Royce Power Systems is to supply 14 of its highest-power MTU diesel engines to seven new multi-purpose ocean-going patrol vessels being built for the Italian Navy by shipbuilder

DOT continues effort to get USMMA Sea Year back on track

OCTOBER 5, 2016 —The Department of Transportation has selected the Logistics Management Institute (LMI) to perform an independent cultural assessment of the United States Merchant Marine Academy (USMMA), Kings Point, NY. The

Clarksons Platou makes asset finance appointment

OCTOBER 5, 2016 — How do you persuade leasing companies, sovereign wealth funds, pension funds or insurers to invest in shipping? Clarksons Platou, it seems, has a specialist asset finance advisory team

Remembering El Faro: One year on

OCTOBER 4, 2016 — One year after the sinking of the TOTE cargo ship El Faro, Rear Adm. Paul Thomas, Assistant Commandant for Prevention Policy, USCG, yesterday posted the following It has

Concordia in IMOIIMAX sale and leaseback deal

OCTOBER 4, 2016 — Concordia Maritime is selling the IMOIIMAX tanker Stena Image to a large Japanese financial institution. The transaction is a sale and leaseback agreement, and the vessel will be

New President takes helm at Intermanager

OCTOBER 4, 2016 — Bjørn Jebsen, CEO of Jebsens, has been named President of InterManager, the International Ship Managers’ Association. He succeeds Gerardo Borromeo, Vice-Chairman and Chief Executive Officer of Philippine Transmarine

Aaron Hendry passes away

OCTOBER 3, 2016 — Aaron W. Hendry, husband, father and grandfather, as well as a noted Florida business leader, died today at the age of 80. Aaron passed away peacefully in his

Maersk Supply to cut shoreside jobs

OCTOBER 3, 2016 — Back in August Maersk Supply Service said it was shedding up to 20 vessels from its legacy fleet and making around 400 crew members redundant. Today, the other

VIDEO: Damen drydocks a Jumbo

OCTOBER 3, 2016 — Damen Shiprepair Van Brink Rotterdam, in the Netherlands, has completed a three-week repair project on the Jumbo Javelin, a DP2 Heavy Lift Crane Vessel owned and operated by

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