Cargotec to acquire Hatlapa
JULY 16, 2013 — Cargotec’s MacGregor unit has entered into an agreement to acquire Germany’s privately owned Hatlapa Group for an enterprise value of EUR 160 million. Hatlapa’s main products are a
Chinese LNG carriers to have fuel sharing MAN DF engines
JULY 16, 2013 — Six 174,000 cu.m LNG carriers being built in Chinese shipyards will each be powered by five MAN 51/60DF dual-fuel engines is a significant development for both Chinese shipyards
Panama finds missile components on North Korean ship
JULY 16, 2013 — Panama is holding a North Korean ship, the 1977-built Chon Chon Gang, after war materials were found hidden in containers carrying a cargo of brown sugar from Cuba.
$1.2 billion patrol boat deal with Saudis is in the works
JULY 15, 2013 — A $1.2 billion Foreign Military sale is in the works. The Defense Security Cooperation Agency notified Congress July 9 of a possible Foreign Military Sale to Saudi Arabia
Carnival names four to technical review board
JULY 15, 2013 — Carnival Cruise Lines has appointed four maritime and transportation industry experts — Rear Admiral Mark H. Buzby, Rear Admiral Joseph F. Campbell, Ray Valeika and Dr. John K.
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
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
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.
Keppel FELS adds another jack-up for Mexico to order book
JULY 15, 2013 — Singapore’s Keppel FELS shipyard has booked another jack-up rig order from a Mexican customer. It has won a $206 million contract from Grupo R for a KFELS B
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.