CIT’s Engh: It’s the perfect time to be in marine finance
MAY 29, 2013 — With less competition in the market and a high demand for refinancing, the perfect time to be in the maritime finance business is right now, according to Svein
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Dole to add three new reefer box ships to owned fleet
MAY 28, 2013 — In another demonstration that depressed world shipbuilding prices can bring out the bargain hunters, Dole Food Company, Inc. (NYSE: DOLE) today announced that its Board of Directors has
Hamburg Süd celebrates double christening
MAY 24, 2013 — Hamburg Süd yesterday celebrated the double christening of its containerships Cap San Nicolas and Cap San Marco at the Hyundai Heavy Industries shipyard in Ulsan (South Korea). With
Hydrex carries out underwater repairs in Port Everglades
MAY 24, 2013 — Hydrex diver/technician teams recently carried out underwater stern tube seal repairs on a 139-meter container vessel in Port Everglades, FL, close to the company’s office in Clearwater. The
Interferry hails MEPC decision on EEDI
MAY 21, 2013 — A sector-specific Energy Efficiency Design Index (EEDI) for new ro-ro cargo and ro-pax vessels agreed at last week’s session of the IMO Marine Environment Protection Committee (see earlier
New Houston to Puerto Rico U.S.-flag service to debut
MAY 20, 2013 —The Port of Houston Authority reports that a new all-water service connecting Houston with San Juan, Puerto Rico, will launch May 29 when the 1988-built U.S.-flagged containership National Glory
Maersk Group reports profitable first quarter
MAY 17, 2013 — “We have improved our performance in the past year and we are satisfied with our result for the first quarter,” said Group CEO Nils S.Andersen as Maersk Group
Five dead after ship slams into Genoa control tower
MAY 8, 2013 — At least five people have died and four are missing after the RO/RO containership Jolly Nero crashed into a control tower in the port of Genoa, Italy, according
Maersk Line, Limited brings eight ships under U.S. flag
MAY 7, 20013 — Maersk Line, Limited (MLL), the Maersk Group’s U.S.-flag shipping operation, has purchased and is currently reflagging eight newer and larger containerships to upgrade the ocean transportation services provided
MHI and Chengxi Shipyard to collaborate on BWTS retrofits
MAY 7, 2013 — Mitsubishi Heavy Industries, Ltd. (MHI) and Chengxi Shipyard (Xinrong) Co., Ltd. in China are to collaborate on the installation of ballast water treatment systems (BWTS). By combining MHI’s