Kongsberg Eyes Key Contract in German-Norwegian Submarine Deal
Norwegian conglomerate Kongsberg Gruppen aims to supply command and control systems to the submarines that Norway and Germany plan to order from Germany's Thyssenkrupp…
Gulf Navigation on Recovery Path
Dubai-based shipper Gulf Navigation announced its best annual results for eight years, on account of the improvement in spot…
GOST Debuts Security Technology at Miami Boat Show
GOST (Global Ocean Security Technologies), a world leader in marine security, tracking, monitoring and video surveillance systems…
Norway to Buy Submarines from Germany
Norway plans to buy four submarines and Germany two in a bid to strengthen strategic partnership, says a report in Reuters.
HMM Acquires Four Terminals From Bankrupted Hanjin
Hyundai Merchant Marine (HMM) announced that it has entered into a contract with Hanjin Shipping and Marine Terminals Investment…
13 ULSTEIN X-CONNECT Systems Sold
Deliveries of alarm and monitoring systems (ULSTEIN AMS) for 13 tugs have been contracted to Ulstein Power & Control by US based MT.
Snowstorm hits Traffic in Istanbul; Straits Closed
A snowstorm forced the closure of Turkey's key shipping straits and sweeping flight cancellations on Saturday, while hazardous roads left many drivers stranded overnight in Istanbul…
BIMCO: What Shipping Market can Expect for 2017
The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest…
Lift Boat Crew Rescued in US Gulf
Four crewmembers aboard the lift boat Superior Trust were rescued after the vessel became unstable near Southwest Pass, La., Wednesday. U.S.
VARD bags Aker BioMarine Fishing Vessel Order
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels has secured a contract for the design and
World’s Largest Plug-in Hybrid Vessel Ordered
Color Line and Ulstein sign a firm contract on construction of the world’s largest plug-in hybrid vessel. Ulstein said it has won a contract to
Eighth Lamprell Rig for NDC
Lamprell announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National