News

The Navy accepted delivery of the future USS Michael Murphy (DDG 112) today from General Dynamics at their Bath Iron Works shipyard.

Fairmount Marine’s tug Fairmount Sherpa has towed the rig ODN Tay IV from Las Palmas towards al location offshore Rio de Janeiro,

ERRIA, a shipping company specialized in providing administrative ship management, announced that it has sold and transferred vessel named Erria DORTHE

The outstanding leadership of DP World’s flagship Jebel Ali Port has been recognised with the winning of the prestigious Shipping Port of the Year Award at the annual Supply Chain and Transport Awards (SCATA) 2012 .

Floatel International Ltd is contemplating the issuance of up to a USD 200 million equivalent bond issue in the Norwegian bond market

As BNamericas reports, the Aratu Port in the northeastern Brazil’s Bahia state plans to invest 685 million BRL (USD 357 million) in port expansion work this year.

On 27 March 2012 SCF Group (Sovcomflot)- Russia’s largest shipowner, and oil and chemical holding SIBUR – a national leader in oil and chemical industry,

Engineers have developed a new method of propelling a ship or displacement vessel while saving at least 75% of energy consumed by current propeller-based systems, yet maintaining the same performance.

Vroon Offshore Services announce that they have taken delivery of a new addition to their offshore fleet.

Germanischer Lloyd (GL) has released updates to its Rules for Seagoing Ships and Naval Vessels. The updated Rules came into effect on 1 May 2012.

On May 3, 2012, Austal held a keel-laying ceremony for the third Joint High Speed Vessel (JHSV), one of nine Austal-designed 103-metre US Navy Joint High Speed Vessels under contract with the US Navy.

FSL Trust Management Pte. Ltd. (“FSLTM”), as trustee-manager of First Ship Lease Trust (“FSL Trust” or the “Trust”) announced that its product tanker, ‘FSL Hamburg’, will be chartered to Petròleo Brasileiro S.A.

Germanischer Lloyd (GL) announces the release of the first comprehensive set of classification rules for Crew Boats and Offshore Wind Farm Service Craft.

Oman’s Ministry of Transport and Communications has awarded a commercial bid representing investment of OMR 55 million

Dockwise Ltd has engineered the most innovative semi-submersible heavy-lift vessel in history and redefined the limits of heavy marine transport with the design of the Dockwise Vanguard.

Dolphin has exercised the option and signed a long term time-charter on the 3D seismic vessel Sanco Sword from Sanco Shipping AS, for an initial 5 year firm period with options to extend for additional 3 times 2 years.

Two Incat Crowther 55m Catamaran Crew Boats, to be named SEACOR Lynx and SEACOR Leopard, are under construction at Gulf Craft LLC in Louisiana, USA.

Western Fishers Shipyard has inaugurated the construction work of three more fishing trawlers yesterday (May 2) at the yard premises in Kolagaon, Patiya through a keel laying ceremony.

Boskalis has signed a contract with partners DONG Energy and Scottish Power Renewables for the partial construction of the “West of Duddon Sands” offshore wind park in the Irish Sea.

Saudi Arabia and Iraq are emerging as major new markets for Jordan’s Red Sea port, which saw overall volume growth of 16.5% and transit cargo growth of 63% in 2011.