Dry bulk shipowner Safe Bulkers announced Monday it has has reached a deal to sell the oldest vessel in its fleet to an undisclosed buyer.The ship is the Maritsa, a 76,000 dwt Panamax bulk carrier built in Japan in 2005. The vessel was sold…
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Austal USA Names Parsons Human Resources VP
Austal USA announced it has named Kristin Parsons as the company’s vice president human resources, responsible for the overall development and implementation of company-wide human resources policies, programs and services.“Kristin’s prior experience…...
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Victaulic Acquires Utility Coatings & Fabrication
Victaulic, manufacturer of mechanical pipe joining, fire protection, and flow control solutions based in Easton, Pa., announced it has acquired Utility Coatings & Fabrication, Inc. (UCF) located in West Jordan, Utah.“This acquisition represents…
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MARAD’s Title XI Changes: Good News for Offshore Wind?
The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U.S.
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Cavotec Awarded $5.7 Million Shore Power Refit Contract
Cavotec reports it has signed a $5.7 million contract to retrofit vessels with shore power solutions for an undisclsoed major European shipping line.The agreement entails the complete retrofit of containerships from installation of Cavotec's…
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Steel Cutting Ceremony Held for Fifth NSMV
Philly Shipyard on Friday held a keel laying ceremony for the fifth and final vessel in a series of new purpose built, state-of-the-art training ships for America’s state maritime academies.The U.S. Department of Transportation’s Maritime Administratio...
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Seaspan Builds ‘Prototype Block’ for Canadian Polar Icebreaker Program
Seaspan Shipyards announced it has completed construction of the ‘Prototype Block’ for the Canadian Coast Guard’s (CCG) Polar Icebreaker program. Construction of this Prototype Block ensures that Seaspan has the proper processes, procedures…
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Israel Intercepts ‘Suspicious Target’ off Haifa
Israel's military said it had intercepted a "suspicious aerial target" on Friday off the northern port city of Haifa amid high tension along its frontier with Lebanon.The seaports of Haifa and Ashdod are crucial gateways for Israel's trade.An Israeli m...
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More Grain Ships Diverted from Red Sea Due to Houthi Attacks
More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern about attacks on vessels in the Red Sea continued, shipping analysts said on Friday."Another 13 vessels were diverted this…
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Furetank Orders Two More Vessels
Furetank adds another two Vinga vessels to the order line. Upon delivery, Furetank’s fleet will consist entirely of environmentally proven, top standard vessels with an average age of two years, the company said."We did our homework. This development…
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