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Paris-based offshore support vessel operator Bourbon has inked a five-year charter deal with oil and gas geophysical survey company CGGVeritas, Paris, France, for six new seismic support and assistance vessels that will be delivered at…
The U.S. Coast Guard and the U.S. Environmental Protection Agency (EPA) signed a Memorandum of Understanding (MOU) on June 27 to jointly enforce U.S. and IMO air pollution requirements for the North American Emissions Control…
In a move to enhance customer service, leading marine propulsion company Schottel Group, Spay/Rhein, Germany, recently announced the formation of Schottel Russia, a subsidiary in St. Petersburg, Russia. Sergey Chestny will be the director of…
In a move to expand capacity in its Asia-Europe service, Japan's Mitsui O.S.K. Lines, Ltd. today announced a decision toorder two new 8,600-TEU containerships from Mitsubishi Heavy Industries, Ltd., for delivery in 2013. The new…
DryShips Inc. (NASDAQ:DRYS), reports that its majority-owned subsidiary. has exercised its third newbuilding option to construct a seventh generation ultra deepwater drillship at Korean shipbuilder Samsung Heavy Industries. The drillship is a sister ship to…
The maritime industry has often been accused of being slow to catch up when it comes to modern technology. But over the course of the last few years, companies within the industry have made some…
The Shipbuilders Council of America (SCA) today announced that Huntington Ingalls Industries' Newport News Shipbuilding  and Ingalls Shipbuilding Divisions and General Dynamics' Bath Iron Works (General Dynamics NASSCO is currently a member of the SCA)…
The U.S. Department of the Treasury yesterday took action to designate two major Iranian commercial entities -Tidewater Middle East Co. and Iran Air - under Iran sanctions regulations. Tidewater Middle East Co. is a port…
The American Club had a "very good year" in 2010, members of the P&I mutual heard at its  annual meeting in New York yesterday. The club began 2011 with a strong and stable membership and…
Denise Verreault, president and CEO of Groupe Maritime Verreault, has strongly criticized the Quebec government's decision to award a contract for the construction of two ferries to the Italian shipbuilder Fincantieri, a decision that is…
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