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JULY 30, 2015 — Classification society ClassNK has released its Guidelines for Compressed Natural Gas Carriers.It is predicted that global natural gas demand will grow by 1.8% a year from 2013 to 2035 with the…
JULY 30, 2015 —The U.S. Department of Transportation's Maritime Administration (MARAD) yesterday said that it will provide $500,000 towards the development of a high-speed, hydrogen-fuel-cell-powered passenger ferry and refueling station (see earlier story). The project…
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 USS Nimitz (CVN 68). Huntington…
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…
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…
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…
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…
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…
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…
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…
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