CSIC Set to Triple Turnover
According to reports China Shipbuilding Industry Corp plans to triple its turnover by 2015 when it expands its building capacity to meet rising global demand. The…
Rolls-Royce Invests in Future of Engineering
Rolls-Royce has donated a 501-K5A industrial gas turbine to The George Washington University’s School of Engineering and Applied Science (SEAS). GW Engineering students…
Multraship Announces Fleet Additions
Salvage and towage company, Multraship BV has added the former Red Funnel/Adsteam tug Hamtun to its fleet. The 1985-built, 3,500 IHP vessel has been renamed Multratug…
Concordia Takes Delivery of Stena Performance
Concordia Maritime took delivery of Stena Performance, the forth vessel in the P-MAX series of total eight vessels. The vessel is as previously announced chartered…
ALCSG Enters U.S. 3rd Fleet AOR
The USS Abraham Lincoln (CVN 72) Carrier Strike Group (ALCSG) entered the U.S. 3rd Fleet area of responsibility (AOR) June 27, after spending the majority of a successful 2006 deployment in the U.S.
Ocean Tankers IPO to Raise $15m
According to Financial Mirror, Ocean Tankers Holdings Public Co. will be the first ocean-going shipping company to go public on the Cyprus Stock Exchange later this summer…
Nepline to Purchase Tankers
Nepline is actively sourcing for suitable double-hulled tankers for acquisition in order to improve its revenue. The foreign subsidiary, Nepline (Singapore) Pte…
LNG Project focus on Security
According to SJnews, while BP awaits the Supreme Court ruling to decide the fate of the planned liquefied natural gas (LNG) facility in NJ, more than 50 federal…
Congress Sends Coast Guard Reauthorization Bill to President
The U.S. House of Representatives passed the conference report for H.R. 889, the Coast Guard Authorization Act of 2006. On June 22, the U.S. Senate adopted by unanimous…
ACR Announces Company Changes
sales, the Ft. Lauderdale, Fla., ACR team has assumed new titles and responsibilities. the Pacific Rim and Latin America. been promoted to North America Sales Manager, Marine Division.
Overseas Shipholding to Sell Tankers
Overseas Shipholding Group, Inc. for net proceeds of approximately $168 million. tankers that are being built at the New Times Shipbuilding Co., Ltd. shipyard in Jinjiang, China.
Sunken Ships to be Considered for Storm Barriers
Marine scientists and Louisiana officials are floating the idea of sinking some of Uncle Sam's cast-off ships along the water's edge to create a steel barrier against hurricane flooding.
Bourne Tug in Need of Rescue
The Boston Globe reported that an old tugboat, New York Central No. 16 will be demolished soon to make way for a CVS pharmacy. A Raynham man started working to save the boat.
NTSB to Release Reports on 2005 Tour Boat Accident
As part of its continuing investigation into the capsizing of the Ethan Allen in Lake George, New York last year, the National Transportation Safety Board will open…
Moran Selects Veson Nautical IMOS
Veson Nautical, a maritime software developer, announced that its Integrated Maritime Operations System (IMOS) has been selected by Moran Towing Corporation of New Canaan, Ct.
Coast Guard Investigates Possible Security Threat
The Coast Guard, along with other federal and local law enforcement agencies responded to a suspected terrorist threat aboard a cargo ship at Port Hueneme, Calif., on Monday, June 26.
Omega Navigation Takes Delivery of Tanker
Omega Navigation Enterprises, Inc., has taken delivery of its third product tanker, its first Handymax (Ice Class 1A) double hull product tanker, the Aris, to be renamed the Omega Prince.
Russia to Pursue offshore Oil and Gas
According to UPI, Russia's first offshore oil and gas platform, LUN-A, is in operation in the sea of Okhotsk on the Sakhalin Shelf. The platform will be used to…
Coast Guard Participates in Joint Pollution Response Exercise
The U.S. Coast Guard and the states of Delaware, New Jersey, and Pennsylvania, in cooperation with TSAKOS Shipping, Sunoco, National Oceanic Atmospheric Administration…
Connaughton Selected as Next Maritime Administrator
The President intends to nominate Sean T. Connaughton, of Virginia, to be Administrator of the Maritime Administration at the Department of Transportation. Connaughton…