Latest News
SEPTEMBER 4, 2014 — The planned Canadian-European Comprehensive Economic Trade Agreement (CETA) is "the most serious threat that we have ever faced in our industry," says James Given, President of maritime union SIU of Canada.…
SEPTEMBER 3, 2014 — Halliburton (NYSE: HAL) announced yesterday that it had reached an agreement to settle a substantial majority of the plaintiffs' class claims asserted against the company as a result of the April…
SEPTEMBER 3, 2014 — MacGregor, part of Cargotec, has secured a contract from German shipyard Flensburger Schiffbau Gesellschaft (FSG) for the complete delivery of remotely operated vehicle (ROV) access doors and hatches for the two…
SEPTEMBER 3, 2014 — Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) has entered into a definitive agreement to acquire Prestige Cruises International, Inc., parent company of Oceania Cruises and Regent Seven Seas Cruises, in a…
SEPTEMBER 3, 2014 — Wärtsilä Switzerland Ltd and China's Jiangsu Antai Power Machinery Co. Ltd. (JAD) have signed a license agreement covering the manufacture and sales of Wärtsilä two-stroke engines. JAD is the former large…
SEPTEMBER 3, 2014 —  Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) reports that it has entered into an agreement to sell its cruise ship Celebrity Century to Exquisite Marine Ltd., a holding company led by…
SEPTEMBER 3, 2014 — Aberdeen, Scotland, headquartered DOF Subsea UK Limited reports that it has been awarded and commenced work on a multi-million dollar contract with Saipem S.A. The scope sees the provision of DOF…
SEPTEMBER 3, 2014 — Operators of large container vessels continue to turn to slow steaming to gain fuel saving. In line with this trend, Mitsui Engineering & Shipbuilding Co., Ltd. and its 100% owned subsidiary…
SEPTEMBER 2, 2014 — Houston based marine engineering and naval architecture consulting firm Zentech Inc. reports that Bob "Sonny" Fogal, one of the icons in the offshore oil and gas industry, has decided to retire…
SEPTEMBER 2, 2014 — Ecoships, the technical ship management arm of London-headquartered Newport Shipping Group, has introduced the Greenlotus 32, a next generation bulk carrier design developed to set the standard in ecologically compatible marine…
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