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Rolls-Royce has been awarded a contract worth about $80 million by Swire Pacific Offshore to supply advanced anchor handling systems for four offshore vessels, currently under construction in Singapore.The systems are developed for the safer…
Norway's Farstad Shipping ASA has reached an agreement with Brazil's Petroserv S.A. that will see it buy Petroserv's 50 percent share in BOS Navegação S.A. for $56.5 million.The deal will give Farstad Shipping e 100…
Wärtsilä has been awarded the contract to supply the main engines for a series of 25 tankers being built for Volga Shipping Co., Russia's oldest shipping company. Fifteen of the ships are to be constructed…
EU Navfor says that late on the morning of July 16, the owners of the MV JUBBA XX reported that the laden tanker had been pirated in the northern Indian Ocean, on itsr regular route…
The first two of a new class of vessels designed by Seattle-based Elliott Bay Design Group LLC (EBDG) and built for the Port Aransas Ferry Service by Southwest Shipyard LP went into operation July 1.…
Rand Logistics, Inc. (Nasdaq:RLOG)) today announced that it has signed a binding asset purchase agreement, that will see its subsidiary, Lower Lakes Towing Ltd. acquire the Maritime Trader, a Canadian flagged dry bulk carrier, subject…
Blount Boats, Inc., Warren, R.I., has reached an agreement with South Boats Special Projects, Ltd., Cowes, U.K., that makes it the exclusive shipyard to manufacture U.S. flagged aluminum catamarans of South Boats designs for the…
Netherlands-based IHC Merwede and BAE Systems have entered a cooperation agreement to meet the demands of the offshore construction vessel market in the U.S.  IHC Merwede will be responsible for the design and build of…
Lévis, Québec, shipbuilder Davie Yards said yesterday that discussions that would have seen it acquired by Fincantieri are over. "The interested parties have concluded that it is not possible to reach an agreement within the…
Matthew R. Devlin was charged today in Philadelphia with one count of misconduct of a ship operator causing death, in relation to the "Duck boat" accident on the Delaware River on July 7, 2010, announced…
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