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MARCH 16, 2015 — A World Bank tribunal — the International Center for Settlement of Investment Disputes (ICSID) — has ordered Venezuela to pay Tidewater more than $62 million in compensation, including accrued interest and…
MARCH 16, 2015 — Aker Philadelphia Shipyard, Inc. (APSI) has delivered its second Aframax tanker to SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation's U.S. marine affiliate. The 820 foot long, 115,000 dwt tanker will transport…
MARCH 16, 2015 — The first Wärtsilä two-stroke engine with a high pressure SCR (Selective Catalytic Reduction) system manufactured in China has been introduced. The system is fitted to a 5-cylinder Wärtsilä RT-flex58T-D two-stroke, low…
MARCH 16, 2015 — The captain of the 65 ft tugboat Sea Bear, operated by Seawolf Marine Transportation, Bayonne, NJ, lost his life Saturday when the vessel sank off Fire Island, NY. The U.S. Coast…
MARCH 15, 2014 — In a filing Saturday, the Board of Directors of shipbuilder Vard Holdings Limited said that on March 12 "the company was notified that two affiliates of E.R. Offshore, our customer, have…
MARCH 13, 2015 — Robert E. Derecktor Inc. (Derecktor Shipyard) and Damen Shipyard Group (Damen) have entered into a license agreement authorizing Derecktor to act as an official builder of Damen designs. Derecktor will now…
MARCH 13, 2015 — ExxonMobil is expanding its range of specialist fuels for use within Emission Control Areas (ECA) with the introduction of ExxonMobil Premium Advanced Fuel Marine ECA 200 (AFME 200), which has a…
MARCH 13, 2015 — Two new jack-up barges ordered by the National Petroleum Construction Company (NPCC), United Arab Emirates, will have fully integrated Wärtsilä power generation and electrical and automation (E&A) solutions. The SEP 650…
MARCH 13, 2015 — Gulf Coast Shipyard Group (GCSG) reports that Harvey Energy, the first LNG fueled vessel operating in the United States is now fully in service—for Shell Upstream America's deep water operations in…
MARCH 13, 2015 — Huntington Ingalls Inc., Newport News Shipbuilding, Newport News, VA, is being awarded an $8,396,093 cost-plus-fixed-fee modification to previously awarded contract (N00024-14-G-2114) for fiscal 2015 propulsion plant engineering activity support for CVN…
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