Panama Canal Hosts Safety Conference
Zubieta; and Panama Canal Authority Director of Maritime Operations Jorge L. Quijano. Representatives from more than 70 countries have gathered in Panama this weekā¦
Pha Rung Builds its Largest Cargo Vessel
The Pha Rung Shipyard in the northern port city of Hai Phong on August 15 began work on its largest-ever cargo ship of 34,000 DWT and an oil tanker of 6,500 DWT.
Nautica to Build Two Tugs
Nautica Nova Shipbuilding and Engineering Sdn Bhd has signed a contract to build two tugboats for Multraship Towage & Salvage, a Dutch salvage and towage company.
Second in Hellespont Product Series Named
The second in the series of six panamax product carriers under construction for Hellespont Hammonia was named at New Century Shipbuilding Co Ltd (NCS) in Jingjiang, China.
New Guide Aims to Demystify Cargo Ventilation
The 'A' rated 65 million GT North of England P&I club has published a new guide for its members and the wider shipping industry on how to avoid problems and disputesā¦
Bunker Fuel Spill Threatens Environmental Disaster
The Coast Guard and the Department of Environment and Natural Resources yesterday were racing against time to prevent a major environmental disaster as oil seepedā¦
India's Varun to Build LNG Carrier Fleet
Indiaās fourth largest private sector shipowner, Varun Shipping Co, plans to raise 536m in an effort to expand business, mostly in the carriage of liquefied natural gas.
MISC Goes for Cost Efficiency
MISC Bhd expects shipping rates to be soft over the next two years and is focusing on improving cost efficiency, said company chairman Tan Sri Mohd Hassan Marican.
Oil Spill as Ships Collide
A Japanese tanker spilled about 4,365 tons of crude oil in the eastern Indian Ocean near the Nicobar islands following a collision with a cargo ship, the tanker's operator announced Tuesday.
Washington State Bolsters Spill Prevention and Response
In anticipation of adopting new safeguards regarding oil transfers over water and early spill response requirements, the Department of Ecology (Ecology) has added new spill prevention inspectorsā¦
Frontline Sells Share in Gen. Maritime, Orders Ships
The 3.86m shares were sold at $40 per share to World Wide Shipping, and Frontline will record a gain of about $9.7 million in the third quarter from the sale, it said in a statement.
Maersk Names New Containership
On August 12, Odense Steel Shipyard presented its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller - Maersk Group. Ane Mærsk Mc-Kinney Ugglaā¦
NASSCO Holds Naming Ceremony for Final BP Tanker
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, held a ceremony to name the fourth and final double-hulled oil tanker it is building for BP Shipping Ltd., the Alaskan Legend.
MISC Profit Down 29%
MISC Bhd reported that first quarter net profit dropped 29 percent on lower freight rates for its liner and petroleum divisions. The industry is expected to be eitherā¦
MISC Looks for Takeover Targets
MISC Bhd, the world's largest carrier of liquefied natural gas (LNG), is on the lookout for takeover targets to help it grow amid softer shipping rates, accordingā¦
Double Hull Tankers Shares Slide
Shares of Double Hull Tankers Inc., shipper of crude oil, fell on Monday after a Citigroup analyst said the stock was overvalued, the Associated Press reported.
Nuclear-powered Savannah to get Makeover
Savannah, an old nuclear-powered ship that spent time in Charleston Harbor as a tourist attraction, is getting a face lift for a possible new tour of duty, according to a report on www.charleston.net.
Todd Shipyards to Overhaul CVN-72
Todd Shipyards Corporation said that the U.S. Navy has awarded to its wholly owned subsidiary, Todd Pacific Shipyards Corporation, a $10,949,272 modification toā¦
Kone Wins Cruise Ship Order
Kone received an order from Celebrity Cruises to design, supply and install lifts for three passenger cruise ships. Kone is to supply a total of 69 units including passenger elevatorsā¦
Viking Supply Ships Acquires SBS Marine
Viking Supply Ships AS (VSS), a wholly owned subsidiary of Kistefos AS, has acquired a Scottish-based platform supply vessel company in a strategic move designedā¦