• News

Albedo crew “still alive”

JULY 15, 2013 — The Bangladesh Ministry of Foreign Affairs says that seven Bangladeshi seafarers held hostage on the MV Albedo are still alive. The Ministry gave the news in a statement

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West Africa pirates target more ships

JULY 15, 2013 — Violent piracy and armed robbery off the coast of West Africa is of increasing concern with a wide range of ships being target. Meantime, Somali piracy appears to

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Seadrill orders four more newbuild drillships

JULY 15, 2013 — John Fredriksen’s Seadrill Limited has entered into turnkey contracts to build four new ultra-deepwater drillships at Korean shipyards. Two will be built at DSME and two at Samsung.

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Napolitano to step down as DHS Secretary

JULY 12, 2013 — Secretary of Homeland Security Janet Napolitano has confirmed media reports that she is stepping down as head of the agency whose components include the U.S. Coast Guard, U.S.

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MAN gets LOI for four ME-LGI engines

JULY 12, 2013 — MAN Diesel & Turbo has signed a Letter of Intent with Vancouver-based Waterfront Shipping for the use of four MAN ME-LGI engines on its ships. The engines will

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MEO reels in orders, expands its fleet

JULY 12, 2013 — Singapore based Miclyn Express Offshore Limited (MEO) reports that the MEO Rover, a 2,000 dwt platform supply vessel under construction at its Batam, Indonesia, shipyard has been awarded

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NSPS: Ottawa brings in a bean counter

JULY 11, 2013 — There’s been growing public skepticism about the cost effectiveness of Canada’s National Shipbuilding Procurement Strategy(NSPS) ever since a Parliamentary Budget Office (PBO) report in February indicated that the