Bloomberg reported that STX Shipbuilding Co is planning to raise capacity at its South Korean yards by 20% in 2008 after adding a second floating dock to meet demand for new vessels.
SeaBird in Debt Restructuring Proposal
SeaBird Exploration will propose to its bondholders and certain of its other creditors a debt restructuring of the SeaBird…
DNV GL Launches LNG Fuel Finder
Just in time for Nor-Shipping, DNV GL will launch the LNG Fuel Finder - a new tool on its LNG business intelligence portal LNGi.
Sungdong Wins Tanker Order
South Korea's Sungdong Shipbuilding won an order for seven mid-sized tankers, including two as an option, from a Greek shipowner…
VLCC Rates to Stabilise as Owners' Resolve Stiffens
VLCC's likely to struggle to break even for next two months; three-tier VLCC market weighs on sentiment. Freight rates for…
BOURBON to Install Mooring for Floating Wind Turbine
French offshore marine services company BOURBON said it has been awarded a contract for the mooring installation of the first floating wind turbine in France at…
A Flexible Workforce is Crucial Offshore
WRS CEO Mark Brown investigates the importance of marine and ship management companies’ utilization of a more flexible workforce.
Pacific’s Wild Weather Challanges in Search
The Pacific’s wild weather and vast distances make it a challenging location for search and rescue, said Keith Manch, Director Maritime New Zealand…
Wärtsilä to Replace OSV’s Generator with Batteries
Wärtsilä informs it has signed an agreement with Norway’s Eidesvik Offshore to install a hybrid system with batteries on…
NYC's New Ferries Take to the Water
The first vessel in the new NYC Ferry’s fleet has been christened Lunch Box, following a naming competition held amongst New York school students.
Shipbuilders Council Names McCreary Chairman
Shipbuilders Council of America names Richard McCreary as new chairman; honors Sen. Cochran and Rep. Hunter At its annual spring meeting in
Skangas Names LNG Bunker Supply Ship Coralius
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen
Vancouver: Maritime’s New Home Address
The Vancouver International Maritime Centre (VIMC) is on a mission to grow the city and port into one of the world’s premiere maritime centers.