Crystal Cruises Announces 2007 Fuel Surcharge
Crystal Cruises has announced that, due to the continual rising cost of fuel, and the impact on Crystal Cruises’ daily operations, effective July 17, 2006, the cruiseline…
NASSCO to Launch Navy Ship on June 24
The U.S. Navy's newest resupply ship, the Sacagawea, is slated to be christened and launched into San Diego Bay in a ceremony on June 24. The Sacagawea is named…
Cargo Ship Collides with Fishing Boat
A 600-ft. bulk cargo ship, the Servet Y, hit the 35-ft. a fishing vessel, the Tip Sea, on St. Pierre Bank. The bulk carrier hit the fishing vessel about 25 nautical miles southwest of St.
Heat Delays Ship Launch
Nhan Dan reports that hot weather was the main reason that caused delays of a 10,500 ton ship during its attempted launch at the Bach Dang Shipbuilding Industry…
SBX Acquires New Vessel
SeaBird Exploration Limited (SBX) has acquired M/V Sentinel. A DP (Dynamically Positioned) vessel, built in 1979. The vessel will be converted to a Source/Ocean Bottom Seismic ship.
BP to Invest $37b in Energy Projects
Energy Watch has reported that BP said it plans to invest a total of some $37 billion in U.S. energy projects to explore, produce and process more oil and natural gas.
Stealthgas Acquires LPG Carrier
Stealthgas Inc. has entered into an agreement to acquire its 28th LPG carrier, the M/V Batangas, for consideration of $9.4m with expected delivery in early July 2006.
President Bush Signs Emergency Supplemental Appropriations Bill
President Bush signed the Emergency Supplemental Appropriations Act for Defense, the Global War on Terror and Hurricane Recovery, 2006 (H.R. 4939). In addition to funds for the named programs…
Pakistan Navy Adds to Fleet
The inventory of Pakistan Navy is being strengthened while measures are being taken to make the navy a potent force, defense experts have said. Last year, the Pakistan…
Report: Shipbuilders Need to Target Cruise Market
According to the Korea Times, the next five years will provide an opportunity for Korean shipbuilders to construct cruise ships with a high-profit margin, the Korea Shipbuilders' Association said.
Work Continues at Dubai Maritime City
According to reports, Dubai Maritime City has announced the launch of manufacturing process of new shiplifts of Jadaf Dubai -- one of the oldest ship repair yard…
Asry Launch KOTC Service Boat
According to reports, Bahrain-based Arab Shipbuilding and Repair Yard Company (Asry) launched the first service boat built for the Kuwait Oil Tanker Company (KOTC).
Exmar to Use Iranian Carriers to Ship LNG
Reuters has reported that Iranian shipbuilder SADRA said it would build 10 ships for Belgium's Exmar to export Iranian liquefied natural gas (LNG) although Iran's…
Aries Maritime Takes Delivery of Tanker
Aries Maritime Transport Limited announced it has taken delivery of the second of two new products tankers it acquired from the Stena Group. tanker entered into…
SCI to Buy 35 Ships
Reports indicate that Government owned Shipping Corporation of India (SCI) are planning to spend around $1.4h on acquisition of 35 vessels. The company is now aiming…