Latest News
MARCH 8, 2017 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) last month achieved the delivery of its 30,000th MET turbocharger. Initially developed in 1965 using the company's our own technology, the…
MARCH 8, 2017 — Rolls-Royce is moving ahead with its research and development plans to make remote and autonomous shipping a reality and reap the benefits of increasing digitalization in the marine industry. Today it…
MARCH 8, 2017—The final six in a series of twelve 48m DP-1 monohull Fast Supply Vessels (FSVs) were recently delivered by Brazilian shipyard ETP Engenharia for operation in Brazil, according to the vessels’ designer Australia’s…
MARCH 8, 2017 — ​Multiple published reports indicate that the Office of Management and Budget is seeking to pay for increases in border security by major cuts to the Coast Guard and TSA budgets. CNN…
MARCH 8, 2017—Back this past February, a South Korean court declared Hanjin Shipping bankrupt. The bankruptcy sent shockwaves through the shipping industry. Montgomery McCracken's Wook Chung, Esq., the former general counsel for Hanjin Shipping America,…
MARCH 8, 2017 — Figures from VesselsValue indicate that the oversupply of vessels in the offshore services industry is set to get a lot worse. VesselsValue says that 2017 will be a record year for…
MARCH 8, 2017 — Vigor Industrial is to close its Everett, WA, shipyard, according to local media. The Port of Everett Port Commission is considering a proposal that would see the shipbuilder pay the port…
MARCH 7, 2017 — International Shipholding Corporation (ISHC) says it has completed an important step towards emerging from bankruptcy with the confirmation of its Chapter 11 plan of reorganization by the U.S. Bankruptcy Court for…
MARCH 7, 2017 —  Too much speed and too steep an angle of approach resulted in the May 8, 2016, allision involving the cruise ship Carnival Pride in which more than $2 million in property…
MARCH 7, 2017 — Australia's Pilbara Marine Pty Ltd. , a wholly owned subsidiary of Fortescue Metals Group Ltd has placed an order with Damen Shipyards for six 32 m ART 85-32W class Rotortugs designed…
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