Strike Group Operates with JMSDF Ships
USS RONALD REAGAN, At Sea (NNS) -- The Ronald Reagan Carrier Strike Group (RRCSG) took part in a passing exercise (PASSEX) with the Japanese Maritime Self Defense…
Crowley Settles Stockholder Lawsuit
Crowley Maritime Corporation reached a proposed settlement in the pending Franklin Balance Sheet Investment Fund v Crowley ("Franklin") litigation, a purported class…
Long Lines for a Purse Seiner
Purse seining is well known as one of the most effective technologies for demersal fisheries. Today many nations support extensive fleets of 20 to 30-meter wood…
Veson Debuts IMOS Trading Module
Veson Nautical, which delivers chartering, operations and accounting solutions for cargo transportation, introduced IMOS Trading, a complete system module for…
BAE Systems to Overhaul USCG Cutter
BAE Systems won a $1.7m contract for the routine overhaul of the U.S. Coast Guard cutter Munro (WHEC 724). Work on the Munro, which will begin in June and is scheduled for completion in August…
Browning Appointed CEO at Austal USA
The Executive Chairman of Austal Limited, Mr John Rothwell AO, today announced the appointment of Mr Bob Browning as Chief Executive Officer of Austal USA, effective mid August this year.
Electric Boat Awarded Contract
Electric Boat Corporation, Groton, Conn., is being awarded a $9,990,000 modification to previously awarded cost-plus-fixed-fee contract (N00024-96-C-2100) for execution…
L&T's Shipbuilding Installs PLM Solution
L&T will adopt integrated PLM solutions from Dassault Systemes for its heavy engineering division. The solutions will integrate L&T's stand-alone design automation and project management tools…
AAPA to Testify at National Surface Transportation Commission Meeting
Stressing port industry concerns over the growing volume of freight moving over America’s already congested transportation system, American Association of Port…
Shipbuilding Industry Boom Continues
Korean shipbuilders are continuing brisk business this year despite analysts’ earlier predictions that the global shipbuilding market would suffer cuts in demand.
Sarawak Timber Industry to Seek Extra Land for Shipbuilding
The Sarawak Timber Industry Development Corporation (STIDC) hopes to obtain another 49 hectares of land to facilitate the shipbuilding industry in the new township of Tanjung Manis in Sarikei.
MacGREGOR Expands into Offshore by Acquiring Hydramarine
MacGREGOR has signed an agreement to acquire Hydramarine AS. Hydramarine is based in Norway and is a company in high-end offshore and subsea load handling systems for the offshore vessel industry.
Secretary of the Navy Recommends Way Ahead for LCS Program
The christening of the LCS-1. Based on a comprehensive review of the Littoral Combat Ship (LCS) acquisition program, Secretary of the Navy Donald C. Winter announced…
Congress Promotes Commercial Shipbuilding
The House Armed Services Seapower and Expeditionary Forces Subcommittee received testimony on the Federal Ship Loan Guarantee Program, also known as Title XI, which…
Cummings: Coast Guard Makes Progress on Turning Ship Around
Congressman Elijah E. Cummings (D-MD), Chairman of the Subcommittee on Coast Guard and Maritime Transportation, commented on the decision of the Coast Guard to terminate…
Quintana Takes Delivery of Bulk Carrier
Quintana Maritime Limited took delivery of Iron Miner, a newbuilding Capesize bulk carrier of 177,000 deadweight tons (dwt) from Shanghai Waigaoqiao Shipbuilding Co.…
Asian Nations Push for More Exposure in Cruise Market
The Port of Shanghai is getting a new cruise passenger terminal. Southeast Asian nations are teaming up on a Web site for cruise travelers. Officials from China…
MarAd Vietnam Sign New Bilateral Maritime Agreement
U.S. maritime shippers, carriers and port operators will have far-reaching access to Vietnam’s rapidly expanding markets for transportation services, thanks to a new agreement signed today by U.S.
Chemoil Pays $55m for Bunkering Terminal, Tankers
Chemoil Energy Ltd. said it plans to buy a bunkering terminal and three oil tankers for a total of $55.14m. The San Francisco-based firm said in a statement it agreed…
Fincantieri Awarded Cruise Ship Order
Silversea Cruises has signed a Memorandum of Understanding for one 36,000-GRT, 540-guest, ultra-luxury vessel from Italian shipbuilder Fincantieri with delivery…