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AUGUST 7, 2013 — The UK P&I Club reports that the Port State Control agencies of states within the Caribbean Memorandum of Understanding (MOU) will launch a new Concentrated Inspection Campaign (CIC) that will start…
AUGUST 7, 2013 — Great Lakes operator Rand Logistics, Inc. (Nasdaq:RLOG) today announced its financial results for its fiscal year 2014 first quarter ended June 30, 2013. Rand, which operates both U.S.-flag and Canadian-flag vessels,…
AUGUST 7, 2013 — Northrop Grumman Corporation (NYSE:NOC) recently donated $3 million worth of training software to the U.S. Naval Academy, continuing the company's commitment to the educational development of future Navy officers. Cdr. Doyle…
AUGUST 7, 2013 — ABB is to supply China's Fujian Mawei Shipbuilding Ltd. with 24 dry-type propulsion transformers, for installation in 12 diesel-electric powered offshore platform supply vessels. The 2,300 kVA 480-volt dry-type ABB propulsion…
AUGUST 7, 2013 — "I am very pleased with the program execution at both Ingalls and Newport News as we drive performance toward our 2015 target of 9-plus percent operating margin," says Mike Petters, President…
AUGUST 7, 2013 — The Navy has decided to scrap the USS Miami instead of repairing the arson-damaged nuclear-powered submarine. Repairs to the vessel at Portsmouth Naval Shipyard were initially estimated to run about $450…
AUGUST 7, 2013 — Recently delivered to Harley Marine Services, Seattle, the tug Silver is the second of two 75 ft x 29 ft, 2,000 hp tugs ordered from shipbuilder Conrad Industries, Morgan City, LA,…
AUGUST 6, 2013 — Emanuele Lauro's Scorpio Tankers Inc. (NYSE: STNG) has reached agreements to construct four Very Large Gas Carriers at two shipyards in South Korea along with two MR and two Handymax ice…
AUGUST 6, 2013 — Offshore drilling contractor Rowan Companies plc (NYSE: RDC) reports that for the three months ended June 30, 2013 it generated net income from continuing operations of $82.8 million, or $0.67 per…
AUGUST 6, 2013 — New Orleans headquartered offshore services giant Tidewater Inc. (NYSE:TDW) today reported first quarter net earnings for the period ended June 30, 2013, of $30.1 million, or $0.61 per common share, on…
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