News

Since 13 September 2000, Ole Johansson has served as President and CEO of Wärtsilä Corporation, one of the most highly respected marine engine

Houston, Texas – ABS Nautical Systems this week announced another year of record growth in 2010, signing 83 new clients with a combined total of 1053

Austal’s shipyard in Henderson, Western Australia, launched the Leonora Christina today, their largest catamaran built to date.  This ship will ferry

Placing a coin at the foot of the mast of a newly constructed ship is an ancient maritime tradition which is believed to bring good luck to the vessel

Summary of worldwide maritime crime developments and incidents, courtesy of the Office of Naval Intelligence Maritime OPINTEL Report, 27 January 2011. A.

By Cheryl Pellerin, American Forces Press Service WASHINGTON (NNS) — Pirates off the coast of Somalia are using bigger vessels to extend their criminal

The A.P. Moller – Maersk Group is has announced it has joined a team of international companies, designated as a disaster relief support network under

MaK™ M 32 C Engines Equipped with Cat® Common Rail Chosen to Power Two Car Ferry Newbuilds Caterpillar Marine Power Systems was recently selected to

Leading lifeboat manufacturer and service provider Schat-Harding says IMO and some parts of the shipping industry need to move more quickly to a consensus on

The Northrop Grumman-built Aegis guided missile destroyer William P. Lawrence (DDG 110) sails the Gulf of Mexico during sea trials last week. Source: Northrop

HOUSTON, TX, Jan 25, 2011 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has dedicated and accepted

The U.S. Coast Guard has issued an ALCOAST bulletin advising captains of the port to enforce legal requirements that port and maritime facilities provide

Editor’s Note: The following is a joint statement issued by shipping associations BIMCO, the International Chamber of Shipping, INTERCARGO and INTERTANKO

After 4 days of uncertainty regarding the exact status of the crew, MV Beluga Nomination is now believed to be pirated. On the afternoon of 22 January 2011,

Hanjin Shipping announced that it received two 8,600TEU class containerships on January 18th. Named Hanjin Hamburg and Hanjin New York, are the second and the

Dubai, UAE, 25 January 2011: – Global marine terminal operator DP World today announced it handled 49.6 million TEU (twenty-foot equivalent container

Rolls-Royce, the global power systems company, today announced an order from Singapore-based offshore company, PaxOcean, to provide the ship design, propulsion

WASHINGTON, DC–(Marketwire) – ExxonMobil, with a market capitalization of $368.7 billion, regained the top position it has held almost every year

HOUSTON (BUSINESS WIRE) — McDermott International, Inc. (NYSE:MDR), this week announced that its subsea construction vessel “Agile” has been

The U.S. Navy’s Military Sealift Command welcomed its new executive director John Thackrah Jan. 24. Thackrah – a member of the Senior Executive