Author: Importer

US offshore major Global Industries has decided to build yet another new pipelay / heavy lift vessel designed by Dutch design company Ulstein Sea of Solutions (USOS). The vessel named ?Global 1201?…

Aker Philadelphia Shipyard delivered its fourth Veteran Class MT46 tanker vessel to Aker American Shipping. It is the first vessel sold for profit to Aker American Shipping following the corporate reorganization that…

Legislation requiring treatment of ballast water on ships in the Great Lakes may reach a vote in Congress next week, but some of the bill's details remain a mystery. Rep. James L.…

The Marine Environment Protection Committee (MEPC) of the IMO convened its 57th meeting focusing on the reduction of harmful emissions and ballast water management, as well as the planned convention for environmentally…

International Salvage Union (ISU) president Arnold Witte had called on all sectors of the shipping and insurance industries to approach the issue of salvage and spill prevention with "fresh thinking and open…

The state-run Shipping Corp. of India Ltd (SCI) is set to buy four 82,000 dwt Kamsarmax-type dry bulk cargo carriers from South Korea?s STX Shipbuilding Co. Ltd for $239.80 million. STX emerged…

Brazil plans to promote the country?s ship building industry not only to supply vessels and oil rigs for domestic demand but to export them to the rest of Latin America. "We?ve started…

Cosco Singapore shipyard has canceled a $202 million order to build a semi-submersible oil rig hull because Red Flag A.S. of Norway didn?t pay a deposit for the construction to proceed. This…

South Korea's steel manufacturer, Posco, will raise steel prices by up to 20.7% in a move widely expected in markets to help it pass on soaring prices of raw materials. The price…

India?s offshore service provider Dolphin Offshore Ltd moved a step closer towards the take off platform for its proposed Rs 400-crore greenfield shipyard project in Gujarat, with the company having received the…