Statue Cruises, a subsidiary of Hornblower Cruises & Events., has signed an agreement with Derecktor Shipyards in Bridgeport, Conn., to complete the world’s first hybrid ferry using hydrogen fuel by April 2011.
Wärtsilä is cooperating with Ship Architects, Inc., Daphne, Ala., to bring natural gas fueled propulsion to America’s waterways. The companies have together developed a new concept of towboat design that employs Wärtsilä
Liberia has been confirmed as one of eleven flag states that to date have met the criteria set to participate in NIR — the New Inspection Regime (NIR) for Low Risk Ships
Northrop Grumman Corporation’s (NYSE:NOC) reports that the U.S. Coast Guard has awarded its shipbuilding sector a $480 million fixed-price incentive contract for construction of a fourth National Security Cutter (WMSL 753). Construction
As shipping markets recover, the industry will most probably face a tightening labor market, with recurrent shortages for officers, cautions Douglas Lang of ship management group Anglo Eastern. Mr. Lang is chairman
Norway’s Eidesvik Offshore has exercised a NOK 440 million ($71.2 million) option to build a second LNG fueled PSV at Kleven Maritime. Scheduled for delivery from Kleven’s Ulsteinvik shipyard in 2012, the
In the United States District Court for the Eastern District of Virginia, Judge Raymond A. Jackson today sentenced Jama Idle Ibrahim, a/k/a Jaamac Ciidle, of Somalia ,to 30 years in prison for
Developing shipbuilding countries hoping to be “the next Korea,” or “the next China,” might consider the woes of troubled Vietnamese shipbuilder Vinashin — and their impact on the rest of the Vietnamese
The Government of Newfoundland and Labrador is a step closer to taking delivery of two new medium-size ferry vessels. The 42 m vessels will each carry 16 cars and 80 passengers and
Argentina won’t be in George Economou’s vacation plans, most likely. DryShips Inc. (NASDAQ: DRYS) reports that its fully-owned subsidiary Ocean Rig UDW Inc has signed a contract with Borders & Southern Petroleum
