Frontline and DHT continue takeover spat

FEBRUARY 10, 2016 — The back and forth between John Fredriksen controlled tanker giant Frontline Ltd (NYSE:FRO) and DHT Holdings (NYSE:DHT) continues. Back in January, Frontline revealed that it already held 16.4%

Dry bulk sector recovery ahead, says Drewry

FEBRUARY 9, 2017—Driven by a healthy growth in the demand for iron ore and thermal coal, the dry bulk shipping sector is expected to show a recovery this year, according to the

Damen takes delivery of its 1,000th R-R azimuth thruster

FEBRUARY 9, 2017 — Damen Shipyards builds a lot of tugs, making it Rolls-Royce’s biggest customer for its azimuthing thrusters.  The 1,000th and the 1,001st units — Rolls-Royce US 255 FP azimuth

New PrimeShip HULL software released by ClassNK

FEBRUARY 9, 2017—ClassNK has just released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.4.0.0, developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers

VIDEO: DNV GL unlocks maritime potential of big data

FEBRUARY 9, 2017 — DNV GL is launching a new marine industry data platform – “Veracity” – to help the industry improve its profitability and explore new business models through digitalization. “The

Jacques Saadé names Rodolphe Saadé CEO of CMA CGM

FEBRUARY 8, 2017 — On his 80th birthday, Jacques Saadé has announced the appointment of his son Rodolphe Saadé as Chief Executive Officer of the CMA CGM Group. Jacques Saadé remains Chairman

VCNO: Navy readiness at lowest level in years

FEBRUARY 8, 2017 — “It has become clear to me that the Navy’s overall readiness has reached its lowest level in many years,” Vice Chief of Naval Operations Admiral William F. Moran

Maersk: Profits in 2017, meantime here’s more red ink

FEBRUARY 8, 2017 — A.P. Møller – Mærsk A/S racked up an unwelcome distinction today, reporting the largest annual deficit ever posted by any Danish company. Although the group delivered an underlying

Hyundai Heavy marks production of its 5,000th propeller

FEBRUARY 7, 2017— Hyundai Heavy Industries (HHI) recently held a ceremony to mark the production ceremony of the 5,000th propeller by its Ulsan, South Korea, factory. Measuring 10.6 meters in diameter and

Fincantieri submits its proposal for Army’s MSV-L

FEBRUARY 7, 2017— Fincantieri Marine Group has submitted its proposal for the next generation of the U.S. Army landing craft, the Maneuver Support Vessel – Light (MSV-L). Fincantieri leads an industry team

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