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Maersk Line CEO, Eivind Kolding has a message for the container shipping and logistics industry: If container shipping is to secure its license to operate in the future, the industry needs to change now!In a keynote address to the TOC conference in Antwerp, Belgium, yesterday, Mr. Kolding noted that containerization – often referred to as the engine of ...

Unless the Netherlands government removes legal impediments to the use of armed private security contractors on Dutch ships, heavy lift shipping specialist Dockwise may be forced to switch its vessels from the Dutch flag."As an oil and gas service provider, our vessels - which as a consequence of their specific nature have been labeled by experts to be ...

Offshore services giant Tidewater Inc. yesterday reported  that Stephen W. Dick has announced his intention to retire from the company on June 30, 2011. Mr. Dick has served as the Tidewater's Executive Vice President in charge of strategic relationships, shipyard operations and vessel acquisitions and dispositions for the past eleven years and has worked as an employee in various roles with the ...

British Columbia Ferry Services Inc. (BC Ferries) has released its year-end results for fiscal 2011. BC Ferries is one of the largest ferry operators in the world and carried 20.7 million passengers and 8.1 million vehicles during the fiscal year ended March 31, 2011. BC Ferries provides year-round ferry transportation services to the West Coast of Canada on 25 routes, currently sup ...

The U.S. Postal Service will salute the U.S. Merchant Marine on four forever stamps being introduced July 28 in a dedication ceremony at the United States Merchant Marine Academy in Kings Point, N.Y.  Admission is free and the public is welcome to attend the 11:30 a.m.ceremony that takes place in the Ackerman Auditorium, 300 Steamboat Rd.The Postal Service says th ...

Finnish ship design and engineering specialist Foreship Ltd. has developed a new type of central skeg for cruise ships and ferries. It says its Foreship Efficiency Skeg (FES) will provide approximately 2 percent reduction in propulsion power requirements compared to a good typical central skeg shape. The diagrams present surface velocity and velocity vectors on ...

Now fitting out alongside at Nordic Yards'  Wismar, Germany, shipyard, is an ice class tanker that Moscow headquartered MMC Norilsk Nickel will use in Northern Sea Route transportation. Execution of this project will allow the year-round supply of petrochemicals to Russia's Norilsk Industrial Region as well as transportation of gas condensate to Europe from the Pelyatinsk ...

The board of directors of Brazilian state-owned oil company Petrobras has given its approval for the bidding process to award contracts for up to 21 offshore drilling rigs that will be built in Brazil.Petrobras says it will award two contracts for each rig: one a leasing contract with the successful bidder, and the other a rig operation service contract with ...

Singapore shipbuilder Keppel Singmarine has awarded Wärtsilä a contract to supply an integrated solution for power generation, power distribution, and propulsion for the Diving Support & Construction Vessel (DSCV)

Scorpio Tankers Inc. (NYSE: STNG) has signed contracts with South Korean shipbuilder Hyundai Mipo Dockyard Co. Ltd. to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will be the first to be delivered from the Hyundai Group with new propulsion technology including ultra-long stroke electronically controlled main engines. The enhancem ...