The first of six Pilot Boats for Germany delivered from Dockstavarvet

NB 563, LVB LABOE, was delivered in Kiel 21.12.2010 as the first of 6 Fast Pilot Launches ordered by the German Government through Fachstelle Maschinenwesen Nord in January 2010. The boats will be operated by Lotsbetreibsverein, Aussenstelle Kiel on behalf of Lotsenbrüderschaft Nord-Ostseekanal II / Kiel / Lübeck / Flensburg.

STWA, Inc. Technology Improves the Viscosity of Fuel Oil

STWA, Inc. (OTCBB: ZERO) (“STWA” or the “Company”), an innovative technology company focused on improving the efficiency of large-scale energy transportation networks and reducing fuel consumption and emissions in diesel fleets, today provided an overview of the role that its technology plays in improving the flow of fuel oil and its application in the oil…

HHI Says Orders to Jump 54% 2011

Hyundai Heavy Industries Co., the world’s largest shipyard, expects to boost orders 54 percent next year as growing global trade and increasing oil exploration spur demand for vessels and offshore equipment.

Diamond Orders Drillship at Hyundai

Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with delivery scheduled for late in the second quarter of 2013.

NITC adds Capacity

The managing director of the National Iranian Tanker Company said that in 2011, 6 giant oil tanker ships will be added to the fleet increasing its capacity up to 12.5 million tons a year.

Alphaliner Sees Large Containerships Coming

A record number of very large and ultra-large containerships with capacity of more than 7,500 TEUs will be delivered in 2011, according to Alphaliner. They will pump 860,000 TEUs of capacity into the world containership fleet next year, accounting for about 63 percent of all new slots due for delivery in 2011. Alphaliner forecasts delivery…

NYK Ships Aid to Chile

NYK has provided free ocean transport for seven TEUs (seven 20-foot containers) of relief goods to assist in the recovery from the devastating earthquake that occurred on February 27 in Chile.