Monthly Archives: July 2017

The Ferry Company Læsø wants to examine the need for a new ferry between Læsø and Frederikshavn and puts the project in the hands of OSK-ShipTech A/S. Danish company OSK-ShipTech A/S said it will lead a project examining the potential purchase…

The new $180 million polar research vessel RRS Sir David Attenborough currently under construction at the Cammell Laird Birkenhead shipyard in the Port of Liverpool City Region, U.K. is slated to be equipped with FarSounder's longest range sonar system...

SOHAR has released new figures showing a solid first-half of 2017, as both the Port and Freezone continue to play a crucial role in the diversification and globalisation of Oman’s economy. Despite on-going issues in the maritime industry and the continued lull in global oil prices…

Seaspan Corporation announced that Gerry Wang, its Chief Executive Officer, Co-Chairman and Co-Founder, will retire from Seaspan effective December 31, 2017 to focus on family business investments and his ongoing charitable efforts. In order to facilitate an orderly transition…

The Korean shipbuilder Hyundai Heavy Industries (HHI) won a contract worth up to $600 million from Netherlands-based energy and commodities company Vitol to build as many as eight gas tankers, Reuters reported. HHI will construct two liquefied petroleum gas (LPG) tankers with a capacity of 84…

Sri Lanka’s government on Saturday signed a long-delayed agreement to sell a 70% stake in a USD 1.5-billion port to China in a bid to recover from the heavy burden of repaying a Chinese loan obtained to build the facility, report local media.

In line with its constant support to Saudi government initiatives and the role it is playing in accelerating the international maritime trade growth, senior representatives from Bahri joined other members of a KSA delegation recently in participating…

UK-based ship management company V.Group announced the appointment of Ian El-Mokadem as Chief Executive Officer and Martin Gaard Christiansen as Chief Commercial Officer. Both will assume their positions in the autumn. Ian joins from Exova, the global provider of technically demanding testing…