Latest News
Ensco plc (NYSE: ESV) announced today that it has ordered a new ultra-premium harsh environment jack-up rig to be built under a fixed-price shipyard construction contract with Keppel FELS Limited in Singapore. Including commissioning, systems…
The Panama Canal Authority has awarded Spanish shipbuilder Astilleros Armon S.A. a $158.3 million contract  for 14 new tugs to increase the current fleet to meet the projected growth of transits on the waterway.The contract…
The U.S. Maritime Administration has approved a $346,129,000 Title XI guarantee to Vessel Management Services, Inc., a wholly-owned subsidiary of Crowley Holdings, Inc., for the construction of three 330,000 barrel double hull tug/barge units. VT…
STX OSV Holdings Limited has secured a new contract for the design and construction of one Platform Supply Vessel (PSV) for Troms Offshore Supply AS.The vessel will be of STX OSV's PSV 08 design,which includes…
U.S.-flag containership operator Horizon Lines, Inc. (NYSE:HRZ) says it has completed a comprehensive refinancing of its entire capital structure that will give the company "adequate liquidity to fund continuing operations and the ability to achieve…
Federal Maritime Commission Chairman Richard A. Lidinsky, Jr. says Canadian and Mexican ports are free to compete with U.S. ports for U.S. cargo, but "they should do so on a playing field that is not…
Sweden's Rederi AB TransAtlantic is to acquires all shares in the British offshore shipping company SBS Marine (Holdings) Ltd. from Kistefos AS  for a preliminary consideration of approximately SEK 340 million. SBS Marine has a…
The transit of Princess Cruises' Island Princess marks the beginning of the the Panama Canal cruise-line season, which officially starts today and runs through the middle of next year. According to Jaime Castillo, international trade…
Jensen Maritime, a Crowley Maritime Corporation company, has appointed Dan Babcock as manager of business development, reporting to Johan Sperling, vice president of Jensen. In this position, Mr. Babcock is responsible for business development in…
Jamie Sweeting, vice president of Environmental Stewardship, Royal Caribbean Cruises Ltd., says he is "delighted" that the cruise line is the recipient of the North American Marine Environment Protection Association (NAMEPA) 2011 Marine Environment Protection…
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