Maritime Industry Top News
Sunken Russian Ship Fined $6.3 Million for Pollution
An Iranian court fined the owner of a sunken Russian ship $6.3 million for polluting the marine environment, Reuters reported. Captain Sakharov, a Russian merchant vessel…
Aker Maritime Trims Kvaerner Purchase Plans
Norwegian oilfield services firm Aker Maritime will take a 17.8 percent stake in Anglo-Norwegian engineering group Kvaerner this month after consulting the European Commission.
Iraq Oil Lifting Remains on Hold
Iraqi oil lifting remained on hold as Baghdad continued to insist on a surcharge for crude sales under the UN's oil-for-food program, industry sources said. A tanker…
ENSCO 7500 Is A Groundbreaker
As the offshore market, particularly in the Gulf of Mexico, continues to heat up, news from Dallas heralds a new era of ensuring safety and efficiency. ENSCO International…
Tugz Florida Franchise Is Pending
Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is…
Wärtsilä´s Orderbook Strengthens
Wärtsilä Corp. has reported a healthy increase in orders for Sulzer RTA-series low-speed engines to be manufactured in the group's Trieste factory in Italy. This…
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
Bollinger Signs Deal With Incat
In a move which signals the long-awaited fast craft boom in the United States is about to begin, Bollinger Shipyards, Inc., Lockport, La., and INCAT AUSTRALIA Pty. Ltd.
Halter Gets Second PCTC Order
Pasha Hawaii Transport Lines LLC (PHTL), the joint venture of The Pasha Group and Van Ommeren Shipping (USA) LLC, have exercised their option with Halter Marine…
Bollinger Signs Deal With Incat
In a move which signals the long-awaited fast craft boom in the United States is about to begin, Bollinger Shipyards, Inc., Lockport, La., and INCAT AUSTRALIA Pty. Ltd.
Keppel Fels, Ensco Team On $130M Rig
Keppel FELS Limited, the offshore arm of Keppel FELS Energy & Infrastructure Ltd., and ENSCO International Inc. have entered in an alliance agreement to build, own…
Greek Authorities Issue 32 New Operating Licenses
Greek Merchant Marine Minister Christos Papoutsis has signed 32 new operating licenses to passenger shipping firms in a bid to improve competition in the industry.
Cammell Laird Works To Save Costa Contract
Cammell Laird Holdings Plc is trying to hammer out a new agreement this week to save a nearly $76 million (51 million pound) cruise liner contract and protect hundreds of jobs…
Hansatee To Charter ESCO Ferries
Estonian shipper Hansatee has reached an agreement with Estonian Shipping Company (ESCO) to charter two passenger ferries cruising on the Tallinn-Stockholm route from January 2, ESCO said.
J. Lauritzen Buys Cool Carriers
J. Lauritzen bought Cool Carriers AB for $35.4 million from Norwegian shipping group Leif Hoegh & Co. ASA, a step in consolidation of the reefer vessel market. "The…
Tanker Earnings Hold Steady
Atlantic Panamax earnings were given a brief respite from the steady erosion of freight rates that has dogged the sector for the past three weeks, shipbrokers said.
UN Keeps Vigil Eye On Iraqi Surcharge
There is no chance of the United Nations turning a blind eye to any oil companies that pay a surcharge that Iraq is continuing to demand for its oil exports, United Nations diplomats said.
SS&Y Pacific & Atlantic Index Drops
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 281 points in the week ending Monday to 5,337. "The Pacific has weakened with tonnage being fixed…
Malta Drydocks Wins Conversion Contract
Malta Drydocks was awarded a contract by Brovig-RDS of the U.K. to convert the former Shell tanker Northia to a floating storage and offloading unit. The contract…
Greenpeace Stops Ship In France
Greenpeace activists prevented a ship from unloading U.S. genetically modified soybeans on Monday, but allowed a batch of traditional soybeans to be brought ashore, Reuters reported.
