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MAY 16, 2014—Japan’s Oshima Shipbuilding Co., Ltd., recently delivered the 85,555-gt Energy Prometheus to Mitsui O.S.K. Lines, Ltd. (MOL). MOL will operate the Energy Prometheus to transport coal to Hokuriku Electric Power Company. Built at…
MAY 16, 2015 — In a move that could help its efforts to find a new role for its Avondale subsidiary, Huntington Ingalls Industries (NYSE:HII) announced today that it has entered into an agreement to…
MAY 16, 2015 — A new spar platform being built for Statoil's Aasta Hansteen field off the coast of Norway will feature Wärtsilä's Inert Gas and Nitrogen Generator systems. The contract was issued in the…
MAY 16, 2015 — ABB, a global leader in power and automation technology, has secured a new order to supply electric power plant and Azipod propulsion units for the icebreaker ordered earlier this year by…
MAY 16, 2015 — Here's another example of private equity investing in newbuilding opportunities. Norway's Odfjell SE reports that it has entered into an agreement with affiliates of Breakwater Capital and Oak Hill Advisors to…
MAY 16, 2014 — Though, as yet, there's not one LNG fueled vessel actually operational in the U.S., the adoption of LNG as fuel by U.S. operators is proceeding at a pace that has taken…
May 16, 2014–Signet Maritime Corporation, Houston, TX, will expand its presence in the ship assist and escort and offshore towing markets, following the acquisition of eight offshore towing vessels from Harvey Gulf International Marine (HGIM),…
MAY 15, 2014—The first of two highly advanced and powerful 108-foot-long fireboats under construction for the Port of Long Beach, CA, was recently dedicated at Foss Maritime's Seattle Shipyard. Named Fireboat 20, the fireboat was…
MAY 15, 2014 — Morgan City, LA, headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) today reported its first quarter 2014 results. For the quarter ended March 31, 2014 , Conrad achieved net income…
MAY 15, 2014 — Prosecutors have now brought murder charges against the captain and three other crew members of the Sewol, the South Korean ferry that capsized last month, leaving 304 people dead or missing.They…
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