Saudi Arabian Shipping Giants Consolidate in $1.3 Billion Deal
On Saturday, The National Shipping Company of Saudi Arabia, Bahri, announced that it had closed a merger agreement worth upwards of USD $1.3 billion with
On Saturday, The National Shipping Company of Saudi Arabia, Bahri, announced that it had closed a merger agreement worth upwards of USD $1.3 billion with
ABB recently delivered four Azipod C propulsion systems for the Blue Ocean II Wind Turbine Installation Vessel built by Samsung Shipyard in Korea. This is a
On 17 October, a naming and delivery ceremony was held at Namura Shipbuilding Co. for the Shagang Sunshine, a new 250,000 DWT, WOZMAX ore carrier. This is
BUENOS AIRES–Argentina’s government pledged on Friday to exhaust all legal measures to free a navy training ship detained in Ghana at the request
Ten Somali men have been convicted in Germany on piracy-related charges related to the 2010 hijacking of the M/V Taipan in the Gulf of Aden. The men were
Seaspan Marine today broke ground on a $200 million re-development and facilities upgrade at its Vancouver Shipyard facility that will help the yard fulfill a
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MILAN – Saipem announced today they have been awarded new offshore engineering and construction contracts worth $1.1 billion in Brazil, Angola and the
The Valemax iron ore carrier Vale Minas Gerais docked at the port of Villanueva in the Philippines on Wednesday marking the first time a Valemax ore carrier
(Bloomberg) — Iranian oil tankers are mistakenly signaling their flag state as Tanzania-Zanzibar and no such registration took place, according to a
By Alexander Martin I’m quick to bore. Bored by movies. Bored by books. Bored by television. Don’t even get me started on dating… But
A report by NOAA in 2006 warned that “despite the implementation of domestic and international management measures, the status of Atlantic blue and
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Sign UpShipyard maintenance comes as a mixed blessing. It disrupts the daily routine of a ship while requiring long hours of work and the supervision of projects not
On 15 October, the fishing vessel Thejan Putha was hijacked approximately 50 nm off the Hambantota Coast of Sri Lanka. Ten armed asylum seekers-turned pirates
In a pre-trial hearing that will decide whether or not Captain Francesco Schettino will face trial over the January sinking of the Costa Concordia, prosectors
LONDON–Royal Dutch Shell PLC (RDSA) said Thursday that major construction had begun on the world’s first floating vessel that will use new
Following a lost of power during tropical storm Isaac off Cuba on 26 August, the Liberian-flagged container ship Hansa Berlin found herself bricked up off the
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Employers Start Here Jobseekers Start HereReflecting its renewed competitiveness in the international market for small and medium-sized commercial vessels, Austal announced today that they have
SINGAPORE–Keppel Corp. (BN4.SG) Thursday said third-quarter net profit fell 14.7% from a year earlier as a rise in costs outpaced revenue growth. Net
Diamond Offshore (NYSE: DO) reported their third quarter results today with somewhat mixed results. Their net income for the third quarter was down 30
Norwegian Cruise Line announced today that it has reached an agreement with MEYER WERFT GMBH of Germany to build a new cruise vessel, for delivery in October
Can Ore Ships Be Converted To LNG Carriers? TMT Co., the Taiwanese ship operator run by Nobu Su, said it may convert four very large ore carriers into
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