Ulstein Design & Solutions has signed two ship design contracts with Brazilian shipyard Alianca S.A. Worth around NOK 150 million, the contracts are for the delivery of design, engineering, main equipment and
Responding to industry demand and to counter the circulation of potentially onerous “home-made” radiation clauses, BIMCO has developed and published a Radioactivity Risk Clause for Time Charter Parties. The Clause was developed
President Barack Obama today thanked Defense Secretary Robert M. Gates for his service as he officially announced his intention to nominate CIA Director Leon E. Panetta to lead the Pentagon after Gates
Bollinger Shipyards, Inc. has launched the first-in-class USCG “Sentinel” Fast Response Cutter (FRC), Bernard C. Webber from its Lockport, La., facility. “We are pleased to announce the successful launch of the lead
U.S.-flag containership operator Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company’s fine related to federal
Indian seafarers marched in Mumbai yesterday to demand action against piracy. The march was organized by the National Union of Seafarers of India (NUSI), the Maritime Union of India as well as
China’s Yangzijiang Shipbuilding today reported record high quarterly earnings for the three months ended March 31 2011 … and made it clear that capacity expansion is still very much part of its
Kirby Corporation (NYSE:KEX) plans 2011 capital spending of $220 to $230 million, including approximately $100 million for the construction of 40 new inland tank barges and three new inland towboats, and approximately
Kirby Corporation plans 2011 capital spending of $220 to $230 million, including approximately $100 million for the construction of 40 new inland tank barges and three new inland towboats, and approximately $36
Jumbo Offshore’s DP2 offshore heavy lift vessel Fairplayer will next month install four subsea protection structures for production flowlines at 600 m water depth in the Laggan & Tormore fields. These gas
