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Capital Product Partners agrees new charters with OSG

MARCH 1, 2013 — Athens headquartered Capital Product Partners L.P. (NASDAQ: CPLP) reports that it has reached a conditional agreement with Overseas Shipholding Group Inc. (“OSG”) and certain of OSG’s subsidiaries regarding

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Electric Boat awarded SUBSAFE contract

MARCH 1, 2013 — The U.S. Navy has awarded General Dynamics Electric Boat a contract to perform submarine safety program (SUBSAFE) and intermediate submarine maintenance work for submarines. This five-year, indefinite delivery,

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Peene Werft delivers Swedish Coast Guard vessel

FEBRUARY 28, 2013 — Germany’s troubled P+S Werften, which is currently under insolvency administration, has handed over coast guard vessel KBV 033 to the Swedish Coast Guard in a ceremony at its

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Big questions on costs of Canada’s NSPS

FEBRUARY 28, 2013 — A report published today by Canada’s Parliamentary Budget Office (PBO) indicates that the Canadian Government may have massively underestimated the costs of its National Shipbuilding Procurement Strategy (NSPS).

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Kvichak Marine books order from Savannah Pilots

FEBRUARY 28, 2013 — Kvichak Marine Industries, Inc., of Seattle, WA, has been awarded a contract to build a 64 ft all-aluminum pilot boat for the Savannah Pilots Association of Savannah, GA.

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Hercules Offshore buys liftboat Titan 2

FEBRUARY 28, 2013 — Hercules Offshore, Inc. (Nasdaq: HERO) reports the execution of a definitive agreement to acquire the liftboat Titan 2 from a subsidiary of KS Energy Ltd. The purchase price

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MOL holds naming ceremony for VLOC

FEBRUARY 28, 2013 — Vale International SA Director, Shipping & Distribution, Gurinder Singh (left in picture) has performed the naming ceremony for the latest addition to the Mitsui O.S.K. Lines, Ltd. (MOL)