• News

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

Maine ferries get $2.4 million in grants

JULY 30, 2012—Maine Senator Susan Collins, Ranking Member of the Senate Transportation Appropriations Subcommittee, today said that the U.S. Department of Transportation (DOT) will award $2.4 million in federal funding to the

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Eagle Ocean reports a flying start

JULY 30, 2012 — Eagle Ocean Marine (EOM), a specialist fixed-premium P&I and FD&D (Freight, Demurrage and Defense) facility underwritten by the American Club, reports an excellent first year of operation, and

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Shell launches new cylinder oil

JULY 30, 2012 — Shell has launched what it calls “its most innovative marine engine oil in a generation.” It says that, unlike conventional cylinder oils, Shell Alexia S4, can be used

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COSCO, Rongsheng Heavy issue profit warnings

JULY 30, 2012 — Yet another sign of the challenges confronting China’s maritime sector: Hong Kong exchange profit warnings from both shipbuilder China Rongsheng Heavy Industries and shipping giant COSCO. In a

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Voith keeps things moving at 2012 Olympics

JULY 29, 2012—While you won’t see them on any of the Olympic medal stands, Voith technology is playing a winning role in making sure all of the events run smoothly in London.

Hercules Offshore reports increased revenues

JULY 27, 2012 — Hercules Offshore, Inc. (HERO) today reported revenue of $179.0 million for the second quarter 2012 compared with revenue of $170.2 million for the second quarter 2011. However, the