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Shipping confidence hits three year high

DECEMBER 18, 2013 — Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 2013, according to the latest

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Finland takes majority stake in Aker Arctic

DECEMBER 18, 2013 — A Finnish government owned investment company, Finnish Industry Investment Ltd, yesterday purchased a 66.4% majority stake of the shares of Aker Arctic Technology Oy (Aker Arctic) from STX

VGP regulations cover anodes, too

DECEMBER 18, 2013 — According to Canada Metal (Pacific) Ltd, Delta, BC, by December 19, the U.S. Environmental Protection Agency expects vessel owners and operators with craft included under the Vessel General

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NCIS investigator cops plea in Glenn case

DECEMBER 17, 2013 — The case involving alleged bribery of Navy officials by Leonard Glenn Francis (left), chief executive of Singapore-based Glenn Defense Marine Asia (GDMA) took yet another turn today as the

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Inmarsat swoops on Globe Wireless

DECEMBER 17, 2013 — Satcom giant Inmarsat (LSE:ISAT.L), today announced the acquisition of the business and substantially all of the assets of Palm Bay, FL, headquartered Globe Wireless LLC, a leading provider

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ISS loses bid protest

DECEMBER 17, 2013 — Here’s another little side light on the Navy’s continuing efforts to sort out its husbanding contracting. Last month the Navy announced that it had suspended husbanding services supplier

Gibdock completes yacht hotel contract

DECEMBER 17, 2013 — The 189-room five-star floating yacht hotel Sunborn Gibraltar is due to welcome its first guests in February 2014, after Gibraltar shipyard Gibdock drew on its cruise ship expertise to

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Nordana orders electric heavy-lift cranes

DECEMBER 17, 2013 — Cargotec’s MacGregor subsidiary has won a contract to deliver four 250-tonne heavy-lift electric cranes to two 12,000 dwt multi-purpose vessels for Danish ship operator Nordana. As part of

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U.S. Great Lakes ports had busy November

DECEMBER 17, 2013 — While the 2013 shipping season saw overall fluctuating cargo figures, U.S. ports on the Great Lakes have continued to outperform their initial projections, says the Saint Lawrence Seaway