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Idled rigs hinder Transocean’s 2015 earnings

NOVEMBER 19, 2014—Equity research firm Cowen and Company says publicly traded offshore drilling contractor Transocean’s November Fleet Update Summary has “negative implications for the stock.” Traded on the New York Stock Exchange

Steel cut for Yamal LNG module carriers

NOVEMBER 19, 2014 — China’s Guangzhou Shipyard International (GSI) has cut steel for two ice-class ARC7 28,500 dwt PC-3 module carriers. They are on order for ZPMC-Red Box Energy Services and are

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Two UNF students awarded Crowley scholarships

NOVEMBER 19, 2014 —  Crowley Maritime Corporation this month awarded Thomas B. Crowley Sr. Memorial Scholarships to two University of North Florida (UNF) students who are also currently part-time employees with the

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PPG gets $8.9 million MSC paint contract

NOVEMBER 19, 2014 — PPG Industries Inc., Alexander, Arkansas, is being awarded a $8,931,277 modification under a previously awarded indefinite-delivery/indefinite-quantity contract (N00033-14-D-8010) with firm-fixed-price delivery orders to exercise a one-year option for

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Langh Ship to have new MD

NOVEMBER 19, 2014 — Finnish family owned shipping company Oy Langh Ship Ab will get a new managing director at the turn of the year, when the current managing director, Hans Langh,

Study: Maritime traffic up 300% since 1992

NOVEMBER 18, 2014 — Shipowners still wondering why environmental regulatory pressure on the industry keeps growing might want to take a look at a new study quantifying global ship traffic that has

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HHI to deliver world’s largest containership

NOVEMBER 18, 2014—The 19,000 TEU CSCL Globe, the world’s largest containership was recently christened in South Korea during a ceremony at Hyundai Heavy Industries Co., Ltd. (HHI). The CSCL Globe is the