Breaking News

April 23, 2014
Videotel reports passing of Chairman Len Holder
APRIL 23, 2014 — Videotel reports that its Chairman, Len Holder, died April 21 after a short illness. Mr. Holder dedicated his lifetime in the maritime industry to developing better training practices. After serving at sea for 10 years, he...
April 22, 2014
Turkish shipyard delivers first two in six ferry order
APRIL 22, 2014 — Turkey's Ares Shipyard has delivered the first two of eight 51-passenger ferries that will serve Qatar's new Anantara Doha Island Resort & Spa, 11 km east of Doha. Designed by BMT Nigel Gee (BMT), a subsidiary of BMT...
April 22, 2014
MAN Diesel & Turbo ready for IMO Tier III
APRIL 22, 2014 — IMO's MEPC  (Marine Environmental Protection Committee) has adopted amendments to the MARPOL convention that will require ships built from 2016 onwards to meet "Tier III" standards for NOx emissions.  "We are ready...
April 22, 2014
Carnival on track to meet GHG reduction goal
APRIL 22, 2014 — In an Earth Day announcement, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, reports that it will meet its goal of reducing its rate of greenhouse gas (GHG) emissions from...
April 22, 2014
Höegh LNG takes delivery of FSRU
APRIL 22, 2014 — Höegh LNG Ltd has taken delivery of the PGN FSRU Lampung, the first of four newbuild 170,000 cu.m. FSRUs ordered from shipbuilder Hyundai Heavy Industries Ltd. PGN FSRU Lampung is currently sailing to Lampung in Indonesia to...
April 22, 2014
Genco files for bankruptcy
APRIL 22, 2014 — Peter Georgiopoulos's Genco Shipping & Trading Limited (NYSE: GNK), filed for bankruptcy yesterday. Mr. Georgiopopulos's General Maritime Corp.filed for bankruptcy in November 2012. Its restructuring gave Oaktree Capital...
April 22, 2014
Arctic maritime potential fails to excite U.S. industry
APRIL 22, 2014 — Decreasing seasonal sea ice has opened up Arctic waters for longer periods with resulting potential economic opportunities in commercial shipping, cruises, commercial fishing, oil, and mining. But while Russians seem to find...
April 21, 2014
Navy petty officer charged in Glenn case
APRIL 21, 2014 — In a complaint unsealed April 17, a fourth U.S. Navy member has been charged with accepting cash, luxury travel and consumer electronics from a foreign defense contractor in exchange for classified and internal U.S. Navy...
April 21, 2014
Korean President slams Sewol captain's conduct
APRIL 21, 2014 — With her administration under fire for its handling of the response to the Sewol Ropax ferry disaster, South Korean President Park Geun-hye called the conduct of the captain and some crew members "utterly incomprehensible" and...
April 21, 2014
NTSB issues final reports on three marine accidents
APRIL 21, 2014 — The September 2012 sinking of a wooden fishing vessel that was originally built as a World War II U.S. Navy submarine chaser is one of three marine accident investigations on which the National Transportation Safety Board has...

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