Latest News
JULY 27, 2012 — Hercules Offshore, Inc. (HERO) today reported revenue of $179.0 million for the second quarter 2012 compared with revenue of $170.2 million for the second quarter 2011. However, the company took a…
JULY 27, 2012 — General Dynamics, NASSCO, Norfolk, Va., is being awarded a $115,016,340 modification to previously awarded contract (N00024-09-C-4416) for amphibious landing ship USS Oak Hill (LSD 51) to extended drydocking, modernization, upgrades, repairs…
JULY 27, 2012 — MAN Diesel & Turbo's first super-long-stroke, 90-cm bore Mk 9 engine has successfully completed test bed trials at Hyundai Heavy Industries Engine & Machinery Division in Korea. The S90ME-C9.2 meets the…
JULY 26, 2012 — Inmarsat has responded to yesterday's statement by Shurat HaDin - Israel Law Center on the provision of services to Iranian vessels (See earlier story). Following is the text of Inmarsat's statement:…
JULY 26, 2012 — Samsung Heavy Industries reports that its Geoje, South Korea, shipyard has delivered Pacific Orca, the world's largest wind farm installation vessel, to Singapore based Swire Pacific Offshore. Swire Pacific's Danish based…
JULY 26, 2012 — Larger than anticipated discounting in Europe contributed to Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today reporting a second quarter net loss  of $3.6 million), or $0.02 per share, versus net…
JULY 26, 2012 — GEA Westfalia Separator will be using the upcoming SMM event in Hamburg, Germany, to launch a new, chemical-free, ballast water treatment (BWT) system and a new holistic approach to service and…
JULY 26, 2012 —Tank barge operator Kirby Corporation reported net earnings for the second quarter ended June 30, 2012 of $47.6 million, or $.85 per share, compared with $41.7 million, or $.77 per share, for…
JULY 25, 2012 — The non-partisan Congressional Budge Office (CBO) says that the U.S. Navy's most recent long term shipbuilding plan underestimates the cost of new ship construction over the next 30 years by 19…
JULY 25, 2012 —Trinity Offshore, LLC and FMT Industries, LLC have christened and launched FMT 3242, the first of ten 297 ft 6 in x 54 ft x 12 ft, 30,000 barrel tank barges in…
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