ATHENS, Greece, March 08, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (we or the Company), a global shipping company specializing in the ownership of tanker vessels, announced today that it has signed, through a separate wholly-owned subsidiary, a shipbuilding contract with China Shipbuilding Trading…
Industrial drones — the enterprise complement to the unmanned aerial vehicles that consumers own for leisurely use — are taking off in the market, fueled by a new wave of software and hardware technology that improves their battery life, reach and performance, and a growing number of organizations investing in these services to raise their data operations games.
Experts in sea and water transport say there was the need for a cost effective maritime transport services which offered higher safety and security as well as low on pollution. Even though they contend that a lot has been done in that direction, much more work needed to be done to bring the continent’s maritime industry at par with the developed nations.Against this background…
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SEAFARERS are said to be many things rolled into one. They can be navigators at the same time that they can be doctors, security personnel, engineers, mechanics, scientists, marine biologists, cooks, construction men, psychologists and counselors.For the past decade, another profession was added to this long list of seafaring skills photography.
The Honorable Under-Secretary-General Miguel de Serpa Soares,Distinguished Guests,Friends,It is a pleasure to meet you all via video link to mark the 40th anniversary of the opening for signature of the United Nations Convention on the Law of the Sea (UNCLOS). Adopted in 1982, UNCLOS opened a new chapter of global maritime governance…
General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via modular shipbuilding, including: two 300-ton cranes allowing shipbuilders the ability to increase the size of the erectable blocks; a block assembly line to optimize construction of commercial ship blocks…
SFL CorporationSFL Corporation Ltd. (NYSE: SFL) (SFL or the Company) announced today that it has agreed to acquire two new eco-design feeder container vessels in combination with long term time charters to a leading European liner company.The Company expects to take delivery of the vessels from the shipyard in Q3 and Q4 2022.
As you may be aware, key maritime industry bodies have decided to declassify the High Risk Area (HRA) in the Indian Ocean Region (IOR) effective from 0001 UTC on January 1st, 2023, as a result of 15+ years of successful coordinated efforts by the International Community stakeholders to suppress a variety of regional threats.This decision…
Kongsberg Maritime Sweden AB (KONGSBERG) is pleased to announce a contract award with Damen Naval to supply four shipsets of KONGSBERG Controllable Pitch Propeller systems along with associated hubs, blades, hubcaps and shaft lines, for the German Navy’s new F-126 frigates.The F-126 platform, due to enter service from 2028…
