News

A pioneer in the development and provision of eco-containers for its customers, the CMA CGM Group has just acquired another 18,000 new units, bringing its eco-container fleet to nearly 140,000 teus.

On June 27 2011 in Athens, Maersk Broker and China Development Bank (CDB) signed a Strategic Cooperation Memorandum aiming to strengthen the cooperation within

SEAaT says that international legal practice Norton Rose LLP and the freight services division of global mining group Rio Tinto have become its newest associate members.

Koch Supply & Trading Co. booked a very large crude carrier to store oil at sea, according to Optima Shipbrokers Ltd. Koch hired the British Purpose at a daily rate of $22,000

Dutch heavy lift shipping company Jumbo Shipping has opened a Representative Office in Bremen (Germany) in cooperation with German independent breakbulk and heavy

The Swedish shipping company Wallenius is now using security guards armed with automatic weapons onboard its shipping vessels. The government launched a study in April

Somali pirates are taking 'f piracy to an industrial scale' says Pottengal Mukundan, director of the International Maritime Bureau's piracy reporting centre.

Department of Labor and Employment (DoLE) Secretary Rosalinda Dimapilis Baldoz is virtually the “Mother of Filipino seafarers,” exemplified by her clear and strong commitment

The World Bank has signed a deal with the State Bank of Vietnam to provide a credit facility of $330m for the construction of a hydro power plant in Vietnam.

Domestic electric cooperative Golden Vallery Electric Association (GVEA) has approved the construction of 24MW Eva Creek wind project in Alaska, US.

Ocean Power Technologies (OPT) has received positive results from the deployment of its PB150 device in trials conducted off the north-east coast of Scotland.

The Maritime and Coastguard Agency has begun a consultation about updating a European directive, Establishing a Community Vessel Traffic Monitoring and information System. The directive was implemented in 2004 and resulted in a reporting system for ships to help prevent accidents and pollution at sea.

Teekay Corp , a marine crude oil and petroleum product transporter, said it will provide a floating production, storage and offloading (FPSO) unit to BG Norge Ltd’s oil and gas field in the North Sea.

Following the completion of the restructuring activities of Cecon this winter, focus has been marketing the company’s services using modular spreads on third party vessels.

On June 15, a Vietnam International Container Terminals project, undertaken by CCCC Second Harbour Engineering Company Limited (SHEC), was launched.

As the needs of a vessel and its crew grow, NSSLGlobal is showing that it can provide communications solutions which not only offer the reliability and consistency to match customers’ commercial requirements, but that also cater for the personal use of the crew. The RSS Discovery has been fitted with NSSLGlobal’s Cruise-IP VSAT service and a FleetBroadband system; ensuring connectivity wherever the vessel travels.

Tanjung Offshore Bhd has won long-term charter contracts from Petronas Carigali Sdn Bhd for the provision of three offshore support vessels.

Celebrity Cruises’ newest cruise ship, the 2,850-passenger, 122,000 gt Celebrity Silhouette today set sail—in reverse—from the Meyer Werft shipyard in Papenburg, Germany, in preparation for official naming ceremonies in Hamburg and its inaugural cruise this summer in Europe.

Teekay Corporation enters into an agreement with BG Norge Limited (BG) to provide a floating production, storage and offloading (FPSO) unit for the Knarr oil and gas field located in the North Sea. The contract will be serviced by a newly-built FPSO unit to be constructed by Samsung Heavy Industries (Samsung) in South Korea, as previously announced by the Company, for a fully built-up project cost of approximately $1 billion.

The U.S. Navy has exercised contract options funding the construction of the sixth and seventh Joint High Speed Vessel (JHSV), as part of a ten-vessel program potentially worth over US$1.6 billion. The construction contract for both vessels is valued at approximately US$313 million.