Panama Canal plans toll increases
The Panama Canal Authority (ACP) Board of Directors has approved a proposal to modify the Panama Canal pricing structure “to align Canal toll charges with the value the route provides.” The proposal
Jumbo Shipping orders second K-class ship at Brodosplit
Rotterdam headquartered Jumbo Shipping has confirmed an order for a second new K-class heavy lift vessel, with an option on a third, to complement its existing fleet. The K-class vessels are being
LR publishes rules for stern-first ice-class ships
Lloyd’s Register has published the first dedicated set of rules for stern-first ice-class ships. The release of the rules comes as more and more ships are being ordered with options such as
Wärtsilä reports increase in order intake
“The year has started rather well with order intake increasing by 13 percent,” says Wärtsilä Corporation President and CEO Björn Rosengren, commenting on the company’s first quarter performance. “Our profitability was 10.1
Contract signed for first Chinese-built engine of MAN B&W G80 design
A ceremony at the CSSC-MES Diesel Co., Ltd. (CMD), Shangai, saw the signing of the contract to construct the first Chinese-built MAN B&W design Green Series 7G80ME-C9.2 engine. Due for delivery in
Panel of experts to assess recommendations of cruise industry safety review
The Cruise Lines International Association has appointed a panel of experts to assess the recommendations made in an operational safety review launched by the industry following the Costa Concordia tragedy. The panel
Ingram to buy U.S. United Barge Line from United Maritime Group
Ingram Barge Company has reached an agreement to acquire U.S. United Barge Line, LLC (“UBL”), a barge transportation company headquartered in Tampa, Florida with a major operating office in Metropolis, Illinois. “The
Kirsi Tikka to head up ABS Europe Division
ABS Vice President and current Chief Engineer Dr. Kirsi Tikka is transferring to London to assume the role of President and COO of the ABS Europe Division. The division is responsible for
Agreement with Hanjin gives Huntington Ingalls subsidiary access to Subic Bay shipyard
A Huntington Ingalls Industries (NYSE:HII) subsidiary has signed an agreement with a subsidiary of Korean shipbuilding giant Hanjin Heavy Industries. Under the agreement, Huntington Ingalls subsidiary AMSEC and Hanjin Heavy Industries and
Viking River signs MOA for cruise ships with Fincantieri
Viking Ocean Cruises, sister company of Viking River Cruises, and Fincantieri have signed a Memorandum of Agreement for the construction of two new luxury ocean cruise ships. The memorandum also includes an