Scorpio Bulkers orders its first ships
JULY 24, 2013 — The newest member of Emanuele Lauro’s Scorpio Group, Scorpio Bulkers Inc., which listed on the Oslo OTC just this month under the symbol SALT, reports that it has
MarAd announces Small Shipyard Grants
JULY 24, 2013—The U.S. Department of Transportation’s Maritime Administration (MarAd) announced grants totaling $9.46 million to help improve 12 shipyards in 10 states. The grants, provided through the Small Shipyard Grant Program,
Port Weller shipyard operator files for bankruptcy
JULY 24, 2013 — Seaway Marine and Industrial, which has operated Canada’s Port Weller dry docks since 2007, filed for bankruptcy Monday owing $12 million to 208 creditors. The company is a
$10.4 million criminal fine in pollution case
JULY 24, 2013 — Columbia Shipmanagement (Deutschland) GmbH (CSM-D), a German corporation, and Columbia Shipmanagement Ltd. (CSM-CY), a Cypriot company, were yesterday sentenced in in federal court in Newark, N.J., to pay
Loss of well control on rig in U.S. Gulf
JULY 23, 2013—The Bureau of Safety and Environmental Enforcement (BSEE) will be conducting an investigation into the cause of the loss of well control event aboard a Hercules jack-up rig in 154
Jon Holvik is new Kongsberg Maritime, Inc. President
JULY 23, 2013 — Jon Holvik has taken over as President of the Houston headquartered Kongsberg Maritime Inc.; the U.S. subsidiary of the Norwegian headquartered supplier of dynamic positioning (DP) and automation/control
Wärtsilä waterjets propel world’s fastest ferry
JUNE 23, 2013 — Wärtsilä has provided details of the role of its equipment in helping the 99 m catamaran ferry Francisco turn in speeds that shipbuilder Incat Tasmania says make it
Shipowner Victor Restis arrested
JULY 23, 2013 — Greek shipowner Victor Restis now has more immediate problems than the suggestions by United Against Nuclear Iran (UANI) that he has been involved in Iran sanctions busting. Mr.
Container throughput continues to decline
JULY 23, 2013 — The respected RWI/ISL Container Throughput Index decreased notably from a corrected 116.3 to 115.3 in June. The index is continuing to move up and down, as in previous
BAE San Diego gets $38.6 million more for DDG 65 job
JULY 23, 2013 — BAE Systems San Diego Ship Repair Inc., San Diego, Calif., has been awarded a $38,601,943 modification to previously awarded cost-plus-award-fee contract (N00024-11-C-4408) to definitize the USS Benfold (DDG