Breaking News

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...
May 04, 2016

Harley Marine starts construction of two more tractor tugs

MAY 4, 2016 — Harley Marine Services, Seattle, WA, has announced the start of construction of two new "enhanced" RAmparts 2400 Z-drive tractor tugs at the Diversified Marine shipyard in Portland, OR. The two new shp handling vessels will be...
May 04, 2016

High performance tractor tug meets Tier IV requirements

MAY 4, 2016 — A new high performance multipurpose tractor tug for Vessel Chartering LLC designed by Jensen Maritime, Crowley Maritime's Seattle-based naval architecture and engineering firm, is powered by a pair of 3,385-horsepower Caterpillar...

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