Secretary of Defense Robert M. Gates announced today a series of what the Pentagon calls “efficiencies decisions” designed to save the Department of Defense more than $150 billion over the next five
Paris-headquartered offshore services giant Bourbon has separated the functions of Chairman of the Board of Directors and Chief Executive Officer. Jacques de Chateauvieux will continue to chair the Board of Directors but
Japan’s Kyokuyo Shipyard Corporation has delivered the 2,000 car capacity M.V. City of St. Petersburg to Nissan Motor Co. Ltd. The PCC (pure car carrier) has a semi-spherical shaped “bubble bow” said
U.S. Treasury sanctions are making it harder for Islamic Republic of Iran Shipping Lines (IRISL) to get P&I cover. Yesterday, the Treasury designated Moallem Insurance Company under Executive Order 13382, an authority
A year-end Congressional cliff-hanger ended with the Navy getting the authority it needs to go ahead with the acquisition of 20 littoral combat ships, 10 from each of the two competing teams.
Canada’s Vancouver Shipyards Co. Ltd. reports two new construction contracts. The first project is to build a double hulled oil barge, followed immediately by three 1200 unit chip barges for Seaspan. Construction
A new figure will be at the helm of a powerful House Committee that will steer maritime issues in the new Congress. U.S. Rep. John Mica (R-Fla.) has been selected as the
Wärtsilä is to supply the propulsion equipment for the state-of-the-art research vessel. ordered from the C.N.P. Freire S.A. shipyard in Vigo, Spain, by the U.K.’s Natural Environment Research Council (NERC). The contract
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
