Breaking News

October 22, 2016

A conversion booked, Ulstein eyes cruise newbuilds

OCTOBER 22, 2016 — Norway's Ulstein Verft has signed a contract for conversion work on an exploration cruise vessel — and is making a push to secure orders for newbuilding cruise ships of its own design. The vessel to be converted is owned by...
October 22, 2016

FMC gives its OK to Ocean Alliance

OCTOBER 22, 2016 — The Federal Maritime Commission (FMC) has concluded its review of the proposed Ocean Alliance, FMC Agreement No. 012426, allowing it to become effective on Monday, October 24, 2016. The FMC made its announcement following an...
October 21, 2016

Susan Jacobs named NNS VP of HR and Admin

OCTOBER 21, 2016 — Huntington Ingalls Industries (NYSE:HII) reports that Susan Jacobs has been appointed vice president of human resources and administration at the company's Newport News Shipbuilding division. She will assume her new role on...
October 21, 2016

Board approves plan to split OSG into two companies

OCTOBER 21, 2016 — Overseas Shipholding Group, Inc. (NYSE:OSG) says that its Board of Directors has approved the previously announced plan to separate its international and domestic businesses into two independent, publicly traded companies:...
October 21, 2016

Angelakos fined $1.3 million in Gallia Graeca case

OCTOBER 21, 2016 — U.S. District Judge John C. Coughenour today sentenced the operator and the owner of the 74,133 Cyprus-flagged bulker Gallia Graeca to a $1.3 million fine for the dumping of oily waste at sea, and ordered them to pay an...
October 21, 2016

Swiftships gets $14.5 million more for Iraq Navy support

OCTOBER 21, 2016 —Morgan City, LA, shipbuilder Swiftships LLC, is being awarded a $14,591,075 firm-fixed-price modification to a previously awarded contract (N00024-14-C-4217) for the accomplishment of continuous lifecycle support for the...
October 21, 2016

Chouest to build 13 Damen tugs for new mooring/escort...

OCTOBER 21, 2016 — Edison Chouest Offshore (ECO), Galliano, LA, is teaming with Damen Shipyards to build a total of 13 heavy duty mooring assistance and escort tugs. They will be deployed on two major projects for which ECO has recently won...
October 21, 2016

Ingalls opts for Aras Innovator PLM solution

OCTOBER 21, 2016 — Enterprise Product Lifecycle Management (PLM) software specialist Aras Corp reports that Huntington Ingalls Industries' Ingalls Shipbuilding division has selected the Aras Innovator platform to support the complex engineering...
October 21, 2016

Liberia offers IMO a way out of a BWMS hole

OCTOBER 21, 2016 — The Liberian Maritime Administration will ask next week's meeting of IMO's Marine Environmental Protection Committee (MEPC70) to allow more time for some to install the ballast water management systems required under the...
October 21, 2016

Danish study will set framework for autonomous ship R&D

OCTOBER 21, 2016 — The Danish Maritime Authority and the Technical University of Denmark (DTU) are launching a feasibility study on autonomous ships. The cooperation between the agency and the university is aimed at increasing the common...

News from NASDAQ