Who is the highest value shipping company?
AUGUST 9, 2015—So who is the highest valued company in shipping? VesselsValue.com puts shipping and container giant A.P. Møller Maersk as the top dog with a valuation of about $13 billion, with
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Allied Marine deck machinery for Navy research vessels
AUGUST 9, 2015—The R/V Neil Armstrong, scheduled for completion this year at Dakota Creek Industries, Anacortes, WA, is equipped with a modern array of oceanographic research equipment. Allied Marine Crane, a division
New Suez Canal inaugurated in elaborate ceremony
AUGUST 6, 2015—In an elaborate ceremony featuring a naval flotilla and fighter jets, as well as a host of foreign dignitaries, Egyptian President Abdel Fattah Al-Sisi today inaugurated the New Suez Canal.
Totem Ocean picks Keppel for RO/RO LNG conversions
AUGUST 5, 2015 – Totem Ocean Trailer Express has signed a contract with Keppel Offshore & Marine Ltd’s Keppel Shipyard to carry out the conversion of the Midnight Sun to dual fuel
Fratelli Neri orders its first newbuild Damen tug
JULY 31, 2015 — Italian tug owner Fratelli Neri S.p.A has ordered its first newbuild Damen tug. The ASD 3212 will be the first ASD tug in the Mediterranean region with a
Bahamas Defence Force RoRo launched in Vietnam
JULY 30, 2015 — A Damen RoRo 5612 launched at Halong Shipyard in Vietnam this month is one of nine Damen vessels ordered by the Royal Bahamas Defence Force as part of
MARAD chips in $500,000 for fuel cell powered ferry study
JULY 30, 2015 —The U.S. Department of Transportation’s Maritime Administration (MARAD) yesterday said that it will provide $500,000 towards the development of a high-speed, hydrogen-fuel-cell-powered passenger ferry and refueling station (see earlier
Red and White Fleet eyes fuel cell powered ferry
JULY 28, 2015 — Sandia National Laboratories and San Francisco’s Red and White Fleet are partnering to develop a high-speed, hydrogen-fuel-cell-powered passenger ferry and refueling station. “Everyone is talking about reducing emissions
Jensen designed LNG bunkering ATB gets ABS approval
JULY 27, 2015 — ABS has granted approval in principle to a Jensen Maritime-designed, liquefied natural gas (LNG)-bunkering articulated tug-barge (ATB). The approval establishes that Jensen’s vessel concept, which is classed as
CMA CGM takes delivery of 18,000 TEU giant
JULY 27, 2015 — Marseilles, France, headquartered CMA CGM Group took delivery today of the CMA CGM Vasco De Gama on from China State Shipbuilding Corporation (CSSC). With a length of 399