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European Commission ends P&I Club investigation

AUGUST 1, 2012 — The International Chamber of Shipping (ICS), which represents over 80 percent of the world merchant fleet, has welcomed the decision by the European Commission competition directorate to close

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More red ink at OSG

AUGUST 1, 2012 — Tanker giant OSG reported a second quarter loss of $46.0 million, or $1.52 per diluted share. Once again, U.S.-flag operations were one bright spot in the picture. Morten

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Royal Caribbean Cruises promotes Michael Bayley

JULY 31, 2012 — Royal Caribbean Cruises, Ltd. today announced that Michael Bayley has been promoted to President and CEO of Celebrity Cruises, replacing Dan Hanrahan, whose departure was recently announced.  Bayley

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SENER brings Virtual Reality to CAD/CAM/CAE

JULY 31, 2012 — SENER is pushing ahead with development of Virtual Reality (VR) applications for shipbuilding. The applications allow virtual navigation through the ship 3D model generated by SENER’s FORAN CAD/CAM/CAE.

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Odfjell orders four chemical tankers from HMD

JULY 31, 2012 — Bergen, Norway, based Odfjell has signed a shipbuilding contract with South Korea’s Hyundai Mipo Dockyard Ltd. for construction of four chemical tankers of 46,000 dwt design draft with

Quebec orders dual fuel ferry at Fincantieri

JULY 30, 2012—Fincantieri has been awarded a contract to build a latest generation ferry by Canada’s Société des traversiers du Québec (STQ). The 130 m ferry will have a capacity of 800