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January 29, 2015
Keystone bill passes: Without Jones Act repeal amendment
JANUARY 29, 2015 — The U.S. Senate today voted 62 to 36 to pass a bill to permit construction of the Keystone XL pipeline, but declined to tack on an amendment by Senator John McCain that would have repealed  the domestic shipbuilding...
January 29, 2015
Giant box ships booked, Imabari adds giant building dock
JANUARY 29, 2015 — Japan's Imabari Shipbuilding Co., Ltd. said today that it has secured orders for eleven 20,000 TEU containerships, They will measure about 400 m x 59 m and will be built in a large newbuilding dry dock of about 600 m length...
January 29, 2015
GE unveils GE Marine organization
JANUARY 29, 2015 — GE (NYSE: GE) has unveiled its new GE Marine organization. Led by Tim Schweikert, VP, GE Marine, the new organization brings together GE's commercial and technological expertise in the marine sector from gas turbines and...
January 29, 2015
Faked BOP test chart could bring five year prison term
JANUARY 29, 2015 — The U.S. Attorney's Office for the Eastern District of Louisiana reports that Race Addington, 49, of Houston, Texas, was charged January 26 in a two-count Bill of Information with making false statements to agencies or...
January 29, 2015
Maintenance deficiencies eyed in ferry grounding
JANUARY 29, 2015 — The Transportation Safety Board of Canada (TSB) finds that maintenance deficiencies and lack of adequate emergency procedures led to the November 7, 2013 loss of electrical power and grounding of the passenger ferry Princess...
January 29, 2015
MHI to build "apple tank" LNG duo for Cameron shale...
JANUARY 29, 2015 — Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two next-generation 177,000 cu.m. LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd. The order was booked through MI LNG Company, Limited, a...
January 29, 2015
Kirby beats Street expectations
JANUARY 29, 2015 — Houston-headquartered tank barge operator Kirby Corporation (NYSE: KEX) yesterday announced record net earnings for the quarter ended December 31, 2014 of $68.1 million, or $1.19 per share, compared with $64.3 million, or...
January 29, 2015
Euronav U.S. IPO raises $229 million
JANUARY 29, 2015 — Antwerp, Belgium, headquartered tanker giant Euronav NV yesterday raised gross proceeds of $229 million its U.S. initial public offering of 18,699,000 common shares at $12.25. The company's shares are now listed on the New...
January 28, 2015
Rob Hogan to be Newport News VP manufacturing
JANUARY 28, 20015 — Huntington Ingalls Industries (NYSE:HII) reports that Rob Hogan has been appointed vice president of manufacturing at the company's Newport News Shipbuilding division. Mr. Hogan began his career in 1976 as a welder. Since...
January 28, 2015
Evergreen adds more 18,000 TEU box ships
JANUARY 28, 20015 — As the trend to ever larger containerships continues, with TEU capacities that would recently have been record setting now becoming the norm, Evergreen Group today signed time charter agreements with Japan's Shoei Kisen...

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