Stolt Tankers B.V., a subsidiary of Stolt-Nielsen S.A. (OsloBørs: SNI), announced on March 18 that it has cancelled a contract with SLS Shipbuilding Co. Ltd. of South Korea for the construction of a 44,000 dwt coated parcel tanker, the first in a series of four ships, citing extended delivery delays. The ship was originally scheduled for delivery in May 2008. All progress payments to date are covered by refund guarantees.
Italian defense group Leonardo is close to finalizing a deal to sell its submarine unit Whitehead Alenia Sistemi Subacquei (WASS) to shipbuilder Finca
The FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support…
New York-based Kalypso Offshore Energy on Monday announced it is teaming up with Dutch marine technology group and shipbuilder…
The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into…
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
As the maritime industry transitions to the updated SIRE 2.0 inspection regime from the familiar SIRE VIQ7 framework, operators are bracing themselves for a period of adjustment.
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