South Korean special forces have retaken the Korean-owned, Maltese-flag product tanker MV SAMHO JEWELRY, which had been hijacked January 15 when 350 nautical miles southeast of the port of Muscat, Oman. Eight
A project part funded by the EU has developed software said to accurately predict the condition of a vessel’s structure, coating and components. This enables ship owners and operators to schedule maintenance
Kenneth Hvid, has been appointed Executive VP and Chief Strategy Officer at Teekay Corporation (NYSE:TK ), effective April 1. He will be located in Vancouver, Canada and will be succeeding Peter Evensen,
Mitsui O.S.K. Lines, Ltd. (MOL) reports that it has established a Ship Energy Efficiency Management Plan (SEEMP) and has started its use in the MOL tanker fleet. The SEEMP provides the most
Oman Shipping Company (OSC) today took delivery of a 317,000 dwt VLCC from Hyundai Heavy Industries. According to the shipbuilder, the tanker is the first to be equipped with a new ballast
George Economou, Chairman and CEO of DryShips Inc. (NASDAQ: DRYS) was enthusiastic about the prospects for the deepwater market today as the company reported that its 78 percent owned subsidiary Ocean Rig
Singapore’s ST Marine (Singapore Technologies Marine Ltd.) has secured its first contract from the Royal Australian Navy (RAN). It is to to double-hull the 157.2 m long combat logistics vesse HMAS Success,
Classification society DNV has taken the wraps off a new crude oil tanker concept. The Triality ship is fueled by LNG, has a hull shape that obviates the need for ballast water
Classification society DNV has taken the wraps off a new crude oil tanker concept. The Triality ship is fueled by LNG, has a hull shape that obviates the need for ballast water
The Connecticut Maritime Association (CMA) has named Angeliki Frangou, Chairman & CEO of the Navios group of companies, as its Commodore for the year 2011. Ms. Frangou follows a long succession of
