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Deltamarin has signed an agreement with China's Tianjin Xingang Shipbuilding Heavy Industry Co., Ltd., part of the CSIC Group, for the design of four very low fuel consumption handysize bulk carriers. The ships are to…
Pacific Drilling S.A. (NYSE:PACD) reports that yesterday it closed its previously announced initial public offering of shares of common stock at a price of $8.25 per share. Pacific Drilling sold a total of 6,000,000 shares,…
The U.S. Navy successfully concluded its largest demonstration of shipboard alternative fuel use when the Self Defense Test Ship (SDTS) arrived at Naval Surface Warfare Center Port Hueneme, Calif.,  at 10:37 a.m. (PST), November 17…
Sea Star Line LLC has agreed to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department…
Inland Salvage Inc. salvage team members recently fought with high current Mississippi River conditions to refloat a sunken coal barge near Lake Providence, La. The barge was fully loaded and headed south when it went…
Tanker operator General Maritime Corporation (NYSE: GMR) says it has filed for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. Substantially…
The Bahrain Economic Development Board (EDB) has signed a Memorandum of Understanding (MoU) with Italian shipbuilder Rodriquez Cantieri Navali to establish a manufacturing facility in Bahrain.Rodriquez specializes in the construction of technologically advanced and innovative…
Dockwise's new heavy lift vessel, the Dockwise Vanguard, will be able to lift and transport units of up to 110,000 tonnes. The maximum capacity of an existing vessel is 75,000 tonnes. With a width of…
An offshore wind farm jack-up vessel under construction in China for A2SEA of Denmark will have a Voith Inline Thruster, along with three Voith Schneider Propellers.With an inner propeller diameter of 2,300 mm, the Voith…
Independent naval architectural and marine engineering firm Gibbs & Cox, Inc. has signed a Professional Services Agreement (PSA) with BAE Systems Ship Repair. It will allow any of the BAE Systems shipyards to contract directly…
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