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ACP Receives $740 mln in Cost Overrun Claims

The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost overruns of almost $740 million, the canal administrator said on Friday.

Maritime Professional Blogs

 
 

Contracts

EMGS in Brazil Data Sale

Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with

Otto Marine Sells AHTS for $100 mi

Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third

Russia to Supply Coal, Electricity to Ukraine

Russia has agreed on a new deal to supply coal and electricity to Ukraine, which is struggling

Workboats

Glycerin Powers into the Propulsion Picture

Maine Maritime Academy Receives a $1.4 Million U.S. DOT Research Grant to Develop a Marine

FMT Embraces Electronic Records Management

After Testing Records Technology Waters, Tug and Barge Company Jumps In. Shortly after Florida

New Generation SSAV Delivered to PACC Offshore

POSH Xanadu, the first of a new generation of DP3 Semisubmersible Accommodation Vessels (SSAV)

Maritime Security

IMB Concerned About Compensating Pirates

The International Maritime Bureau (IMB) has joined other maritime organisations in expressing

China, Vietnam to Address Maritime Disputes

Senior Chinese and Vietnamese officials have agreed to settle their maritime disputes without

"Iron Nickel's" Last Voyage

USS Peleliu (LHA 5) returned to Naval Base San Diego Dec. 24 from a six-month deployment

People & Company News

Swissco's S$ 2.58 mi misappropriated

The Board of Directors of Swissco Holdings Limited and its subsidiaries have informed shareholders

BG loads First QCLNG Cargo

BG Group today announced that it has been loading the first cargo of LNG from its Queensland

Wärtsilä Donates Ship Engine to S. Africa

An important initiative by Wärtsilä to support and stimulate the maritime economy in South

Legal

Thieves Fry Kenya's Power Grid to Cook Fast Food

(Thomson Reuters Foundation) - The morning scene is increasingly routine for Kenyans. When

Russia to Supply Coal, Electricity to Ukraine

Russia has agreed on a new deal to supply coal and electricity to Ukraine, which is struggling

Panama Economic Activity Picks Up in October

Panama's economic growth accelerated in October from a year ago, the government said on Friday.

Marine Propulsion

ARC Towage Takes Delivery of 4 Damen Tugs

ARC Towage of Trinidad & Tobago has taken delivery of the last of a series of four Damen ASD 2810 Tugs.

Wärtsilä Donates Ship Engine to S. Africa

An important initiative by Wärtsilä to support and stimulate the maritime economy in South

WESMAR Bow Thruster Integrate Safety

“The WESMAR thruster works really well. It turns the boat on a dime,” says Wylie Sacks of Pembroke Pines,

 
 
 
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