Breaking News

April 21, 2015
Scorpio sells newbuilds, gets financing for Ultramax
APRIL 21, 2015 — Scorpio Bulkers Inc. (NYSE: SALT), which has some 6.3 million dwt of newbuildings on order, is switching things around a bit. It announced today that it has entered into agreements to sell three Capesize newbuilding dry bulk...
April 21, 2015
BAE's Norfolk shipyard celebrates its 100th anniversary
APRIL 21, 2015 — BAE Systems commemorated the 100th anniversary of its Norfolk, VA, shipyard this past weekend with a special event for employees and their families. The company, known for many years as the Norfolk Shipbuilding and Dry Dock...
April 21, 2015
NASSCO gets LCS work award worth potential $96.3 million
APRIL 21, 2015 — General Dynamics, National Steel and Shipbuilding Co., San Diego, California, is being awarded a $24,161,138 cost-plus-award-fee, cost-plus-incentive-fee, with firm-fixed-priced and cost-only components contract for littoral...
April 21, 2015
Avondale's future won't include Kinder Morgan JV
APRIL 21, 2015 — One faint glimmer of hope for the Avondale shipyard has now sputtered out. Huntington Ingalls Industries (NYSE:HII) says it has completed discussions with Kinder Morgan Inc. (NYSE:KMI) to explore the redevelopment of HII's...
April 21, 2015
MAN Diesel & Turbo gets SCR Tier III Approval in...
APRIL 21, 2015 — MAN Diesel & Turbo has reached a historic IMO Tier III milestone for its entire four-stroke engine portfolio. At an awards ceremony held on 15 April, 2015 at the PrimeServ Academy in Shanghai, the China Classification...
April 21, 2015
Seaway navigation suspended after bulker grounding
APRIL 21, 2015 — The Coast Guard is responding to a 621-foot bulk carrier which ran aground in the vicinity of Wellesley Island, in the St. Lawrence River, New York, Monday. Vessel navigation has been suspended in the vicinity of the grounding,...
April 21, 2015
Wärtsilä launches new series of AHTS designs
APRIL 21, 2015 — Wärtsilä is using this week's Sea Asia event in Singapore to launch a new series of AHTS (Anchor Handling Tug Supply) vessel designs that put the focus on simplicity, efficiency, low fuel consumption, and a reduced...
April 21, 2015
Big deal: Crowley, Svitzer merge salvage operations
APRIL 21, 2015—Starting May 1 there will be a new name in maritime salvage and emergency response—Ardent. The new company will be 50/50 owned by Crowley Maritime Corporation, Jacksonville, FL, and Svitzer, Ijmuiden, the Netherlands, after the...
April 20, 2015
ABS names Howard Fireman Senior VP and CTO
APRIL 20, 2015 — Classification society ABS has appointed Howard Fireman to the position of Senior Vice President and Chief Technology Officer (CTO). Fireman, who will report to ABS Chairman and CEO Christopher J. Wiernicki, assumes this role...
April 20, 2015
New tanker designs with less ballast offer more savings
APRIL 20, 2015 — After developing a minimum ballast VLCC, a joint industry project involving Lloyd's Register and China's Dalian Shipbuilding Industry China (DSIC) and Dalian Ocean Shipping Co. has  continued to develop further detailed designs...