News

Dutch prosecutors said on Friday they had summoned shipbuilder Damen Shipyards on suspicion of violating EU sanctions against ...
In mid-August, Stolt Comex Seaway S.A., a diversified contractor to the offshore oil and gas industry, announced the acquisition, subject to due diligence, of Australian company Drillsupport ...
Recent changes in U.S. vessel documenting laws present new opportunities for shipowners, operators, and financial institutions both in the U.S. and overseas. The FY 1997 Coast Guard Authorization ...
Marine Terminals Corp. (MTC) will operate Oakland's Seventh Street Marine Container Terminal for the next 10 years under a new management agreement that, reportedly for the first time, commits a ...
National Steel and Shipbuilding Company (NASSCO) of San Diego received $436 million in contract awards from the U.S. Navy to build two additional Strategic Sealift Ships. A $265 million contract ...
Inland shipbuilders Jeffboat and Aquamaster-Rauma, Ltd. have formed a cooperative R&D program to design a state-of-the-art river towboat utilizing Z-drive propulsion. Model testing, conducted ...
The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...