Teekay’s Yamal LNG activities hit by OFAC’s COSCO sanctions

The Teekay Group has postponed an investor and analyst meeting set for tomorrow in order to ‘fully focus on avoiding undue disruption to Teekay LNG’s business from certain complex issues that have

Delivery of newbuild box ship delayed

Iceland based operator Eimskip reports that it faces a delay in the delivery of the first of two 2,150 TEU container vessels – Bruarfoss and Dettifoss — it has under construction in

BIMCO assesses dry bulk outlook

BIMCO proposes limits on ships’ power

A proposal submitted to the International Maritime Organization (IMO) by BIMCO would regulate the propulsion power of ships in order to sustain the greenhouse gas emissions savings already achieved through slower steaming.

Vigor wins $254.5 million Navy contract

Vigor has been awarded a $254,566,432 firm-fixed-price contract for the execution of USS Chosin (CG 65) and USS Cape St. George (CG 71) modernization periods (MODPRD). These availabilities will include a combination

Shearer Group to provide construction oversight of new TxDOT ferry

The Shearer Group, Inc. (TSGI) is to provide construction oversight of the 300 ft hybrid ferry under construction for the Texas Department of Transportation (TxDOT) at Gulf Island Fabrication, Inc.’s Jennings, La.,

Amy Larson to step down as National Waterways Conference President

The Board of Directors of the National Waterways Conference, Inc. reports that longtime NWC President Amy Larson will step down at the end of the year. Julie Ufner will take over as

Samsung Heavy and Bloom Energy plan fuel cell powered Aframax

San Jose, Calif., headquartered Bloom Energy, the world’s leading provider of stationary fuel cells. has announced a collaboration with shipbuilder Samsung Heavy Industries (SHI), to design and develop ships powered by Bloom

Heads roll at Tidewater

Houston headquartered offshore services specialist Tidewater Inc. (NYSE: TDW) announced today that it has reached agreements with Jeffrey A. Gorski, Executive Vice President and Chief Operating Officer, and Bruce D. Lundstrom, Executive

Indonesian yard launches first in new Incat Crowther 42 series

Indonesia’s PT Cahaya Saumdra shipyard has launched the Brilliance of Majestic for Singapore operator Majestic Fast Ferry. The vessel is the first of a new class of Incat Crowther 42 design vessels

Stena Bulk says Impero finally released by Iran

The Swedish-owned, British-flagged tanker Stena Impero, which was seized by Iran in the Strait of Hormuz, July 19, has finally been freed from detention and has left Iranian waters. Erik Hanell, President

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