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OCTOBER 10, 2013 — Is this another example of private equity going where bankers fear to tread? The Singapore headquartered Navig8 Group yesterday reported an agreement with private equity investor Oaktree Capital Management to form…
OCTOBER 10, 2013 — Wärtsilä has now released its Wärtsilä 20DF dual-fuel engine for sale in the U.S. market. The engine meets U.S. Environmental Protection Agency (EPA) Tier 4 emissions compliance criteria. Wärtsilä's 34DF received…
OCTOBER 10, 2013 — Bureau Veritas is to class three Ultra-Large Containerships (ULCSs) to be built for China State Shipbuilding Corporation (CSSC) and chartered to French operator CMA CGM. The ships are due for delivery…
OCTOBER 10, 2013 — Keppel AmFELS LLC, Brownsville, TX, has won a contract from Central Panuco S.A. De C.V., a subsidiary of Mexico's Perforadora Central S.V. De C.V. (Perforadora Central) to build a KFELS B…
OCTOBER 9, 2013 — GE Marine is using this week's International Workboat Show to unveil an "ecomagination-qualified" 12-cylinder V250 marine diesel engine that reduces emissions by 50 percent to meet EPA Tier 4i and IMO…
OCTOBER 9, 2013 — The U.S. Merchant Marine Academy, Kings Point, NY, remains closed as a result of the government shut down. The midshipmen were sent home Friday, October 4. Now the USMMA Alumni Association…
OCTOBER 9, 2013 — Vigor Industrial has renamed two of its subsidiaries. US Fab, Vigor's fabrication and shipbuilding subsidiary, is now Vigor Fab. Alaska Ship and Drydock, which operates the Ketchikan shipyard in Alaska, is…
OCTOBER 9, 2013 — Singapore's Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine has secured the upgrading of 115,875 grt cruise ship Diamond Princess from Princess Cruises. Joint refit team from Princess Cruises, Carnival Australia…
OCTOBER 9, 2013 — Wärtsilä has launched a new Bio Seal Ring product for maritime stern tube seal applications and says that it is the first seal on the market that works with Environmentally Acceptable…
OCTOBER 8, 2013 — Caterpillar Marine Power Systems will unveil a significant product milestone at the 2013 International Workboat Show, introducing its comprehensive U.S. EPA Tier 4 power solutions for vessels using engines over 2,000…
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