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Drydocks World wins US$ 100.4m Deal to Build four Platform Supply Vessels for Tidewater

82-metre long ships to be built at DDW-Nanindah shipyard in Indonesia for global marine support service provider Tidewater Marine Drydocks World won a US$ 100.4 million contract to build four Platform Supply Vessels (PSV), with … Read more

Dimdex 2012 set for significant presence at two key international defence shows this October

The third Doha International Maritime Defence Exhibition and Conference (Dimdex 2012) makes its mark on two key trade events for the defence and security sector this October. Supporting its 2012 promotional campaign, Dimdex will be … Read more

Ports Awarded Nearly $95 Million in TIGER II Infrastructure Grants

U.S. Department of Transportation Secretary Ray LaHood today announced the 42 construction projects and 33 planning projects which were awarded funding under the second round of the Transportation Investment Generating Economic Recovery (TIGER) grant program for major … Read more

EPA Announces Million Dollar Grant to Reduce Port Pollution in Camden, N.J.

The U.S. Environmental Protection Agency (EPA) has awarded $1.1 million to upgrade 48 pieces of cargo handling equipment at the South Jersey Port in Camden, N.J. Older diesel engines generate significant amounts of fine particles, … Read more

Overseas Shipholding Group to Announce Third Quarter Results on November 2, 2010

Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that it plans to release third quarter results before market open on Tuesday, November 2, 2010 and host a … Read more

Teekay Tankers Ltd. Announces China Joint Venture and Offer to Acquire Two Tankers

Teekay Tankers Ltd. (Teekay Tankers or the Company) today announced that it has entered into a 50/50 joint venture agreement withWah Kwong Shipping of Hong Kong, to jointly invest in a Very Large Crude Carrier (VLCC) newbuilding scheduled to … Read more

Maersk Line wins the ‘Best Shipping Line’ Award for ICD Kanpur at the CONCOR Awards

Maersk Line won the ‘Best Shipping Line’ Award at the ICD Kanpur - CONCOR Awards, held to celebrate and commemorate 10 years of ICD Kanpur, at a function held recently, at Hotel LandMark, Kanpur. Maersk Line … Read more

India’s ABG Shipyard Bags Orders Worth US$84 mln

ABG Shipyard (KSE:532682), an Indian ship manufacturing and repairing company, on Friday announced that it has received orders worth Rs 370 crore (US$84 million) from two different customers. The first order is worth US$65 million from … Read more

Keppel delivers FPSO P-57 to SBM for Petrobras

Keppel Offshore & Marine Ltd (Keppel O&M) has delivered the P-57 Floating Production Storage and Offloading (FPSO) vessel to SBM Offshore N.V. (SBM) early, within budget and safely. Spanning 311 metres long by 56 metres wide, … Read more

Brazil – Implementation of Emergency Draft Surcharge

The water level on the Amazon river has depleted considerably in recent weeks. As a result of this, vessels have been forced to reduce their capacity intake by almost 50%, a move which has led … Read more