The Challenge of Marine Asset Appraisal
While large shipping asset deals are often financed through the major capital markets, loans for most oilfield service marine…
Austal Opens Up Trimaran Deal with Fred Olsen
Austal’s latest contract announcement for two 117 metre high speed vehicle passenger ferries, for Fred Olsen SA, not only…
India to Establish Center of Excellence in Maritime and Ship Building in 2 Cities
A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration…
Panama Maritime Authority Authorizes Turk Loydu
Turk Loydu has been authorized by Panama Maritime Authority, the world’s leading maritime administration, to conduct survey…
GulfMark Sails Out of Bankruptcy
GulfMark Offshore, Inc. said it has completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11 of the U.S.
Gazprom, Shell Discuss LNG Projects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the…
New Grease Extends Life, Lowers Temp of Tugboat Shaft Bearings
How does a tugboat operator with over 26 vessels used in docking, escort, ocean towing and articulated barge service get…
Heidmar Names New CEO
Norwalk-headquartered tanker operator Heidmar has appointed James Pippard as its new Chief Executive Officer. James will…
Iconic USS Ranger Dismantled
A two-year project to dismantle and recycle the decommissioned U.S. Navy vessel USS Ranger (CV-61) has recently concluded.
New Curved Jaw Flange Couplings Launched
Guardian Couplings has launched the new curved jaw flange (JF) K45 Series shaft-to-shaft coupling with a bolt-on disc for use with brake calipers.
SAR Vessel Passes Capsize Test with Engines Running
Damen – in cooperation with the Turkish Coast Guard, the International Organization for Migration (IOM) and engine manufacturer…
Top Maritime News
Crowley in Command
Tom Crowley has become the face of the U.S. maritime industry, steadily building his transport and logistics company into a formidable goliath.
US Warship Damaged in Collision with Tug off Japan
A U.S. guided-missile destroyer, USS Benfold, sustained slight damage when a Japanese tug drifted into it during a towing exercise off central Japan
Five Requirements for Safe Ops
A safety culture starts with the CEO As I write this article I am flying back to my home base in Canada from the 42nd annual Interferry conference
Cruise Ships & Environmental Risk: ‘No Silver Bullet’
LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.