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May 06, 2016

Crowley christens third LNG-ready Jones Act tanker

MAY 6, 2016 — Crowley Maritime Corporation yesterday christened the third of four new, Jones Act product tankers on Thursday at the Julia Street Cruise Terminal in New Orleans. The 50,000 dwt, 330,000-barrel-capacity Louisiana joins two...
May 06, 2016

AIDA Cruises rejects NABU claims on AIDAprima emissions

MAY 6, 2016 —  Carnival's German market cruise brand AIDA Cruises is rejecting claims by environmentalist group NABU that its new flag ship, AIDAprima, is "anything but" environmentally friendly. Built by Mitsubishi Heavy Industries Nagasaki...
May 05, 2016

Lack of navigational awareness, so ferry hits rock

MAY 6, 2016 —An investigation report (M15A0009) released by the Transportation Safety Board of Canada (TSB) today concludes that the 38.45 m passenger ferry Grace Sparkes, operated by the Newfoundland Department of Transportation and Works,...
May 05, 2016

SENER to add Virtual Reality solution to FORAN

MAY 5, 2016 — SENER is partnering with Paris-headquartered ESI Group to develop its IC.IDO Virtual Reality solution and to integrate it with enhance the FORAN shipbuilding CAD/CAM system, resulting in an immersive 3D experience. Nowadays, says...
May 05, 2016

Huntington Ingalls earnings beat analysts' estimates

MAY 5, 2016 — Huntington Ingalls Industries (NYSE:HII) reported first quarter 2016 revenues of $1.76 billion, up 12.3 percent from the same period last year. Diluted earnings per share in the quarter was $2.87, compared to diluted earnings...
May 05, 2016

ABS Group certification services for giant wind farm

MAY 5, 2016 — U.K. headquartered ABS Group Ltd. has received a contract to provide project certification services from DONG Energy Wind Power A/S (DONG Energy) for the planned Hornsea Offshore Wind Farm Project One. Expected to be fully...
May 05, 2016

Webb Institute fund raiser reaches milestone

MAY 5, 2016 — Webb Institute has now raised $32 million (80%) of the $40 million goal of the most ambitious fundraising effort in the institution's history, "The Campaign for Webb: America's Most Unique College." News of the milestone...
May 05, 2016

Austal wins 19 vessel Pacific Patrol Boat contract

MAY 5, 2016 — The Commonwealth of Australia today awarded Austal an A$305 million (US$228.1 million) contract for the Pacific Patrol Boats Replacement (PPBR) Project, taking the shipbuilder's Henderson, Western Australia, shipyard into the...
May 04, 2016

Bollinger wins FRC contract worth potential $1.42 billion

MAY 4, 2016 —In Phase 2 of its FRC acquisition program, the U.S. Coast Guard today awarded a contract to Bollinger Shipyards LLC, Lockport, LA, for the procurement of up to 26 Sentinel-class fast response cutters. The initial value of the...
May 04, 2016

Matson reports first quarter results

MAY 4, 2016 — Matson, Inc.  reported net income of $18.1 million, or $0.41 per diluted share for the quarter ended March 31, 2016, compared with $25.0 million, or $0.57 per diluted share, in the same quarter last year. Consolidated revenue...

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