Classification society ABS achieved another record performance in fleet size during 2010, reported Chairman Robert D. Somerville at today’s annual meeting. An eight percent increase in gross tonnage from year-end 2009 resulted
Singapore-listed Yangzijiang Shipbuilding (Holdings) Ltd reports that it entered into six effective shipbuilding contracts in the month of March 2011 with an aggregate contract value of US$214.2 million. The new contracts comprise
Lloyd’s Register CEO Richard Sadler (left in picture) and ABS Chairman and CEO Robert D. Somerville (right) have signed an agreement that sees the two classification societies release jointly-developed software that will
Shanghai-based Graig China, part of the U.K.’s Graig group, has won a ten ship order to supervise newbuildings for Chinese leasing company Minsheng Financial Leasing Co Ltd. The supervision contract brings to
New tankers and bulk carriers built in 2050 could have service speeds of only 5 knots. Partners from nine European countries are working on an EU-funded project called ULYSSES to develop environmentally
Canada’s Algoma Central Corporation is to acquire from Upper Lakes Group Inc.(ULG) its partnership interest in Seaway Marine Transport and the vessels and assets owned by ULG and its affiliates and used
Canadian prairie farmers will become owners of two ships that move their wheat on the Great Lakes, under an agreement reached today between the Canadian Wheat Board (CWB) and shipping companies Algoma
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
Hamburg-headquartered shipowner and ship manager E.R. Schiffahrt reports that it has cancelled orders placed with the Korean shipyard Sekwang for four anchor handling tug supply vessels “due to ongoing delays in completion
”It would be appropriate to state that we have ‘stuck the landing’ with our fourth quarter performance,” said Sam Norton, president and CEO of Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE:
