Monthly Archives: November 2017

Foss Maritime and Netherlands-based Damen Shipyards have signed a Memorandum of Understanding to produce and market the Damen ASD 2813 tug. The tug design has been modified to meet the unique demands of the U.S. tug assist and escort market.

Volvo Penta has emerged as a leading supplier of propulsion systems for support boats in the booming offshore wind farm industry in Europe, and is poised to capture a significant position as new wind farms come into service in North America.

Hong Kong-based struggling commodity trader Noble Group will sell four dry bulk carrier vessels for about $95 million, as it looks to cut debt to keep its business running, reports Reuters. According to company statement, net proceeds from the disposal…

Today, 29 November in all four Hamburg container terminals a time slot-booking system for handling container deliveries and collections by truck will be introduced. Hamburg is the first port in Germany to implement such a system to optimize truck handl...

d’Amico International Shipping (DIS) announces that its operating subsidiary d’Amico Tankers signed a memorandum of agreement for the sale of MT High Presence, a 48,700 dwt medium-range product tanker vessel, built in 2005 by Imabari Shipbuilding (Japan) for a consideration of US$ 14.14 million.

Mitsui O.S.K. Lines (MOL) and Marubeni Corporation signed a Memorandum of Understanding (MOU) in Moscow with PAO NOVATEK, Russia's largest independent gas production and sales company, to conduct a joint feasibility study aimed at establishing…

According to multiple New York television news reports the NYC Ferry MV Zelinsky, loaded with passengers headed for the Rockaways, ran aground just off of lower Manhattan on Monday night. The cause of the stranding, which reportedly happened…