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AUGUST 6, 2014 — Another prison sentence has been handed down in the ongoing Military Sealift Command bribery case. Yesterday, United States Chief District Judge Rebecca Beach Smith of the Eastern District of Virginia sentenced…
AUGUST 6, 2014 — Huntington Ingalls Inc., Newport News, Virginia, is being awarded a $25,648,075 modification to a previously awarded contract (N00024-08-C-2110) for the detailed design and construction efforts to support the nuclear aircraft carrier…
AUGUST 6, 2014 — Ruhstorf, Germany, based Hatz Diesel will use next month's SMM event to showcase its marine product line-up. Hatz is a leading manufacturer of industrial diesel engines in the 1.5 kW to…
AUGUST 6, 2014 — Tanker giant Overseas Shipholding Group, Inc. yesterday said that it had emerged from Chapter 11 bankruptcy as a newly reorganized company "with a strong balance sheet, focused strategy and solid customer…
AUGUST 6, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia  (MMA) has taken delivery of the new state-of-the-art anchor handling tug supply (AHTS) Jaya Majestic. Built at Jaya's Tuas, Singapore, shipyard, it is the…
AUGUST 5, 2014 — Cape Wind announced today that it has signed a contract with Weeks/Manson, a Joint Venture (WMJV) to serve as the lead construction contractor for America's first offshore wind farm. The Boston…
AUGUST 5, 2014 — A marine insurer is warning of the increased risks that will arise from doubling the cargo-carrying capacity of ships transiting the Panama Canal. In a new report entitled Panama Canal 100:…
AUGUST 5, 2014 — "It used to be all the NVOCC needed was a telephone and a tariff," says one long time shipping industry observer, "but no more." Though NVOCCs may be "shipping lines without…
AUGUST 5, 2014 — Singapore headquartered Ezra Holdings Limited reports that its Subsea Services division, EMAS AMC, has been awarded several projects around the world worth close to US$110 million, including options. The scope of…
AUGUST 5, 2014 — Egyptian President Abdel Fattah el-Sisi today attended a ceremony to launch what is officially called the Suez Canal Axis Development Project. The project will include building a new canal alongside the…
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