Malaysian Maritime Academy Upgrades
Malaysian Maritime Academy (Alam) is aiming to be a regional training hub specializing in liquefied natural gas (LNG) and petroleum tankers, Business Times reported.
Qatargas Set for Expansion
Qatargas expanded its LNG production capabilities with the groundbreaking of Qatargas 3 (QG3) and Qatargas 4 (QG4) at Ras Laffan. Both QG3 and QG4 will each have a capacity of 7.8mn tons a year.
P&O Enforces New Security Measures
P&O will deploy sniffer dogs at the start of its cruises to deter drug use, Seven.com.au reported. In a new security measure, sniffer dogs will search passengers…
Turkish Ban on Cyprus Ships Pose Problems
According to Cyprus Mail, The Cyprus Shipping Council (CSC) reported that the Turkish ban on Cypriot vessels is the number one problem for the shipping industry.
Iran: Underwater Missile Test Completed
Iran has test-fired a sonar-evading underwater missile that can outpace any enemy warship, the Washington Post reported. Iran earlier in the war games said it tested a radar-evading missile.
Many 1Q Orders for South Korean Shipbuilders
South Korean shipbuilders racked up large overseas orders in the first quarter, keeping them on course to far exceed yearly targets, Korea Times reported. Hyundai Heavy Industries…
Tanker Freights’ Declining Rate to Continue
Global tanker freight rates may be depressed for several more years as a stream of new vessels hit the market and shipowners refrain from scrapping older ships.
Qatar's LNG Output to Quadruple
By 2012, about one-third of the world's liquefied natural gas (LNG) tanker fleet will be delivering LNG produced in Qatar, the Peninsula On-line reported. In terms of world markets…
Navy's Shipbuilding Costs Criticized
Some members of Congress are questioning the U.S. Navy's plan to expand its fleet to 313 ships, citing budget concerns and cost overruns, UPI reported. While the…
Bharati Shipyard Wins Contract
Bharati Shipyard Ltd has secured a contract from Bourbon Supply Investissements, France for export of five 120 tons bollard pull anchor handling tug cum supply vessels.
NASSCO, Daewoo Team to Build Jones Act Ships
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), and Daewoo Ship Engineering Company (DSEC), a wholly owned subsidiary of Daewoo…
ABB Wins Contracts Worth $110M
ABB has been awarded contracts worth $110 million to supply electrical power systems for twelve vessels and five offshore drilling rigs. • Total electrical power…
$30M Bridge Loan Program Distributed to Business Community
Louisiana Governor Blanco announced that the $30 million Extended Bridge Loan program for small businesses affected by last year's hurricanes has been depleted in less than three weeks.
STX Pan Ocean Orders $215M LNG Carrier
STX Pan Ocean has ordered an LNG carrier from Korean shipbuilder Hanjin Heavy Industries and Construction. The vessel will be built at a cost of $215 million. Delivery is expected before 2010.
Korean Shipbuilders Book Orders for First Quarter
According to sources, South Korean shipbuilders racked up large overseas orders in the first quarter, keeping them on course to exceed yearly targets, industry sources said Sunday.
USS Tortuga Arrives to Sasebo for Hull Swap
USS Tortuga (LSD 46) arrived on March 31 after completing an 11,000-mile voyage across two oceans and transiting the Panama Canal for a scheduled hull swap with USS Fort McHenry (LSD 43).
U.S. Coast Guard Assists in Bahrain Search and Rescue
The crew of the 110-ft. Coast Guard Cutter Wrangell is supporting rescue efforts of a vessel that capsized off the coast here. Coast Guard and U.S. Navy Fifth Fleet…
Coast Guard Captain Retires After 30 Years of Service
Capt. Kevin L. Marshall is presented with the Legion of Merit by Rear Adm. Robert F. Duncan during Marshall's retirement ceremony held at Coast Guard Sector New Orleans on March 31.