The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $14.7 million in grant awards to help improve 17 small shipyards in 16 states.

Athens based Safe Bulkers, Inc., an international provider of marine drybulk transportation services, has entered into shipbuilding contracts for the construction of two bulkers. The vessels are to be built in China.

In celebration of the 40th anniversary of Earth Day, the Port of Seattle is highlighting its environmental stewardship with one of its green initiatives, the At-Berth Clean (ABC) Fuels program.

MISC Berhad, one of the world's renowned LNG transporters based in Kuala Lumpur entered into a joint venture agreement with Petromin PNG Shipping Limited, a wholly-owned subsidiary of Petromin PNG Holdings Limited, Papua New Guinea's National Oil, Gas and Minerals Company.

Star Bulk Carriers Corp., Athens, signed a contract with ship-builder Hanjin Heavy Industries to build a second Capesize vessel of 180,000 dwt, a sistership to the first vessel ordered, with expected delivery in November 2011. As per ship operator…