Chemoil Reports Increase in Q2 Revenues
Chemoil has reported a 96 percent increase in revenues to $2.5b for the second quarter of 2008, compared to $1.3 billion for the second quarter of 2007. This was…
NOL Invited into Next Stage of Hapag-Lloyd Sale Process
Neptune Orient Lines Limited (NOL) has been invited to continue into the next phase of the bidding process for the sale of the Hapag-Lloyd container shipping business.
Daewoo Wins Deals for Drill Ships
Daewoo Shipbuilding & Marine Engineering Co., has won deals worth $1.46b to build two drill ships. The deal with two American companies calls on Daewoo Shipbuilding…
This Day in Naval History - Aug. 08
1813- U.S. Schooners Hamilton and Scourge founder in storm on . 1959 - Announcement of Project Teepee, electronic system to monitor 95 percent of earth's atmosphere…
SPAWAR, ONR Host Annual Unmanned Underwater Vehicle Competition
The Space and Naval Warfare Systems Center (SSC) hosted the 11th Annual International Autonomous Underwater Vehicle Competition at Naval Base Point Loma in , July 28-Aug.
Connaughton Leads U.S. Delegation of Maritime Officials
On July 28-29, Maritime Administrator Sean T. Connaughton led a delegation of maritime officials in consultative meetings with representatives of to discuss issues…
Fairplay and Multraship Join Forces
Dutch towage and salvage specialist Multraship and Hamburg-based Fairplay Towage have joined forces to create a platform for expansion. Under the agreement , the Dutch arm of the Fairplay group…
Vale Orders 12 Ships
Mining company Vale has signed a contact with Rongsheng Shipbuilding and Heavy Industries of China to build 12 carries valued at $ 1.6b to transport iron ore to , the Brazilian company has announced.
Blount Delivers Vessels
The 165 x 45-ft. 300 ST Class cargo/passenger ferry, M/V Cayo Largo built by Blount Boats, Inc. for the Puerto Rico and Municipal Islands Maritime Authority was accepted for delivery to Fajardo, on July 23. The Cayo Largo will also deliver the 45x17-ft. M/V La Plena, also built by Blount Boats. The M/V La Plena is being shipped as cargo on the M/V Cayo Largo, which will be arriving in on Sunday, August 3, 2008.