Breaking News

July 30, 2015
MARAD chips in $500,000 for fuel cell powered ferry study
JULY 30, 2015 —The U.S. Department of Transportation's Maritime Administration (MARAD) yesterday said that it is providing $500,000 to the project in which Laboratories and San Francisco's Red and White Fleet are partnering to develop a...
July 30, 2015
Huntington Ingalls awarded $20.5 million for Nimitz works
JULY 30, 2015 — Huntington Ingalls Inc., Newport News, Virginia, is being awarded a $20,580,879 delivery order under indefinite-delivery/indefinite-quantity contract N4523A-15-D-5016-0001 for ship repair support on the nuclear aircraft carrier...
July 30, 2015
Kirby gets what it expected
JULY 30, 2015 — "Our results for the second quarter were largely in line with our expectations," commented President and CEO David Grzebinski as Houston headquartered tank barge Kirby Corporation (NYSE: KEX) reported net earning for the second...
July 29, 2015
Private equity group ups stake in Aker Philadelphia Shipyard
JULY 29, 2015 — Private equity group Apollo has increased its stake in Aker Philadelphia Shipyard ASA to 18.72%. In an Oslo stock exchange announcement Aker Philadelphia ASA discloses: The entities listed below have, on 28 July 2015, acquired...
July 29, 2015
Fennica: Uncharted shoal found
JULY 29, 2015 — The icebreaker MV Fennica, which suffered damage to its hull on July 3, may have been damaged by a previously uncharted shoal. At the time, the ship was carrying the capping stack that Shell is required to deploy should a blow...
July 29, 2015
MAIB: Alcohol a factor in two deaths involving same workboat
JULY 29, 2015 — The U.K. Marine Accident Investigation Branch says that alcohol was a factor in two separate fatalities, involving the same workboat, within less than five months On August 13, 2014, the master of the U.K. registered workboat...
July 29, 2015
Korean shipbuilders awash in red ink
JULY 29, 2015 — All three South Korean shipbuilding giants have now reported massive operating losses. After market close Wednesday, Samsung Heavy Industries reported an operating loss of 1.55 trillion won ($1.3 billion). Analysts had thought...
July 28, 2015
Port of Singapore issues LNG bunkering RFP
JULY 28, 2015 — With more than 42 million tonnes of bunker sales last year, Singapore is the world's top bunkering port. As part of its efforts to keep that lead, the Port of Singapore today launched its first Request for Proposal (RFP) for...
July 28, 2015
Rolls-Royce completes Zumwalt deliveries
JULY 28, 2015 — Rolls-Royce has delivered the twin fixed pitch propellers for installation on the future USS Zumwalt, the first ship of the DDG 1000 multi-mission destroyer class. Delivery of the twin fixed pitch propellers to General Dynamics...
July 28, 2015
Costa to build two 6,600 guest LNG fueled cruise ships
JULY 28, 2015 — Costa Cruises is to build two 6,600 guest, LNG fueled cruise ships under the four ship newbuild program at Meyer Werft announced by Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) in June (see earlier story). At that...