During a ceremony held in Tokyo, Lloyd’s Register was confirmed as the first foreign classification society to be formally authorised by the Japanese government to carry out surveys on ships flying the Japanese flag.

ESL Shipping, carrier of dry bulk cargoes in the Baltic region based in Helsinki, has ordered two ice classed dry bulk cargo vessels from the Korean Hyundai Mipo Dockyard Co. Ltd. The new vessels are clearly bigger than ESL Shipping's existing…

VT Halter Marine Inc. (VT Halter Marine), Pascagoula, a subsidiary of VT Systems Inc. (VT Systems), announced that it has signed a contract with subsidiaries of Overseas Shipholding Group, Inc. (OSG), headquartered at New York, to construct two 8,000 ATB tugs.