Ulstein Builds for Marine Subsea
Marine Subsea Inc. signed a contract with Ulstein Verft for building an offshore construction vessel specialized in inspection, maintenance and repair operations…
Furuno Releases New Digital Network Fish Finder
In 2006, Furuno laid the groundwork for new sounders with the introduction of their FCV620 and FCV585 digital fish finders. These units featured FDF (Furuno Digital Filter) Technology.
Diana Shipping Completes Sale of Capesize Vessel and Delivery
Diana Shipping Inc. delivery of the vessel to her new owners. million. Scotland. The Pantelis SP is a 169,883 dwt Capesize bulk carrier built in 1999. of 16 vessels (13 Panamax and 3 Capesize).
Evergreen Group Announces Management Changes
Taiwan-based Evergreen Group announced management changes. Capt. S.Y. Kuo has been promoted to Second Vice Group Chairman of the entire Evergreen Group based in Taipei.
BAE Systems to Overhaul Fast Combat Support Ship
BAE Systems has been awarded a contract by the U.S. Navy's Military Sealift Fleet Support Command for a 60-day overhaul of the fast combat support ship USNS Arctic (T-AOE 8).
MISC Orders Tankers
Malaysian shipping line MISC Bhd has ordered eight chemical/product oil tankers worth $430m from South Korea's SLS Shipbuilding Co. Ltd, MISC said. The first three…
Farstad Purchases Vessel Under Construction
Farstad Shipping has reached an agreement with Island Offshore to buy their newbuild no. 62 at Aker Yards Brevik. Farstad will immediately enter into the contract with the yard.
Teekay Declares Dividend
Teekay Corporation announced that its Board of Directors has voted to declare a cash dividend on its common stock of $0.2375 per share, payable on July 27, 2007…
Larsen & Toubro May Sell Stake in Shipbuilding Units
Larsen & Toubro Ltd., an Indian engineering and construction company, said it may sell stakes in its newly formed companies for power, ports and shipbuilding businesses. Source: Bloomberg
Nakilat Seeks $2.5b for Tankers
Qatar Gas Transportation (Nakilat) is considering tapping the Islamic finance market as part of plans to raise $2.5b early next year to pay for tankers, Reuters said.
Aker to Build Anchor Handling Supply Vessel
Aker Yards has entered into a contract with DOF Installer ASA based on the options given in the contract between the parties of March 5, 2007. This is the first…
Cargotec Gets Orders for 276 Ship Cranes
Cargotecâ€™s MacGREGOR business area providing marine cargo handling solutions has received ship crane orders for 74 bulk carriers. The value of the orders is approximately $102m.
STX Shipbuilding Wins $317m Order for Six Bulk Carriers
According to Asia Pulse, South Korean shipyard STX Shipbuilding Co. has won an order $317m to build six bulk carriers for a company in the Middle East. The vessels will be delivered by April 2011.
This Day in Naval History - July 04
1776 - American colonies declare their independence from Great Britain. 1777 - John Paul Jones hoists first Stars and Stripes flag on Ranger at Portsmouth, N.H.
U.S.-Australian Fire Support Ships Demonstrate Combined Capabilities
Australian and U.S. Navy escort ships demonstrated combined fire support in defense of an expeditionary strike group and ground forces ashore during Talisman Saber 2007 (TS07)…
Eidesvik Orders Seismic Vessels from Ulstein
Eidesvik has ordered two large, state-of-the-art seismic vessels of the type Ulstein SX120 from Ulstein Verft. The ships will be delivered in spring 2010. The contractâ€™s…
Washburn & Doughty Delivers Eleanor F. Moran
On March 12, 2007, Washburn & Doughty Associates, Inc. of East Boothbay, Maine delivered the Eleanor F. Moran, a 92 x 32-ft., 5100 hp, Z-Drive Firefighting Tug, to Moran Towing of New Canaan…
STX Reports Rise in Orders
STX Group said its affiliate STX Shipbuilding Co. has won orders valued at $4.7b in the first half of the year, compared with $1.7ba year earlier. The shipbuilding…
Panama Canal Completes Environmental Impact Study
ACP announced that, after a thorough review, the Panamanian National Environmental Authority (ANAM) has approved the environmental impact study (EIS) for the first…
MOL Launches Training Vessel
Mitsui O.S.K. Lines, Ltd. launched its first training vessel, the Spirit of MOL, at the Tsuneishi Shipbuilding Company in Fukuyama, Hiroshima Prefecture. Executives…