Latest News
Wärtsilä has donated the main components of a hybrid diesel propulsion system to the Engineering Department at State University of New York Maritime College. An unveiling and dedication ceremony in mid-October marked the official opening…
Gulf Island Fabrication, Inc. (NASDAQ:GIFI) today reported a net income of $1.6 million ($.11 diluted EPS) on revenue of $85.8 million for its third quarter ended September 30, 2011, compared to net income of $3.5…
Hornblower Hybrid, the first vessel in the U.S. to be powered by diesel, hydrogen, batteries, wind and solar energy, arrived today in the New York Harbor. After nearly two years of construction and the work…
Seattle headquartered Northern Lights, Inc. (NLI), is offering a hybrid marine propulsion solution that combines NLI's Lugger propulsion engines with BAE Systems' HybriDrive Propulsion System. The system uses a Propulsion Control System (PCS) to efficiently…
Kirby Corporation (NYSE:KEX) reports record net earnings for the third quarter ended September 30, 2011 of $52.7 million, or $.94 per share, compared with $30.7 million, or $.57 per share, for the 2010 third quarter.…
Captain Greg Thomas, the commander of Norfolk Naval Shipyard (NNSY), was yesterday formally reprimanded by Commander, Naval Sea Systems Command (NAVSEA) Vice Adm. Kevin McCoy for violating Article 133 of the Uniform Code of Military…
VT Halter Marine, Inc. held a naming and dedication ceremony Tuesday for the first of four Fast Missile Craft (FMC) it is building for the Egyptian Navy at its Pascagoula, Miss., shipyard . The keel…
Cheniere Energy Partners, L.P. (NYSE Amex: CQP) says that its subsidiary, Sabine Pass Liquefaction, LLC has entered into its first liquefied natural gas sale and purchase agreement with BG Gulf Coast LNG, LLC, a subsidiary…
DryShips Inc. (NASDAQ: DRYS) reports the signing of a $141 million syndicated secured term loan facility to partially finance the construction costs of the tankers Belmar, Calida, Lipari and Petalidi. The lead arrangers are the…
John Parrott, President of Totem Ocean Trailer Express, Inc. (TOTE), was honored earlier this month by his alma mater, the U.S. Merchant Maritime Academy, with the 2011 Outstanding Professional Achievement Award.The Outstanding Professional Achievement Award…
Page 512 of 640