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July 31, 2014
Hydrex carries out underwater PBCF installation
JULY 31, 2014 — Last month Hydrex installed Propeller Boss Cap Fins (PBCF) on a 289-meter tanker during the vessel's stop in Mokpo, South Korea. Propeller Boss Cap Fins (PBCF) can recover energy loss of a propeller hub vortex in the...
July 31, 2014
HOS beats analysts' expectations
JULY 31, 2014 — Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) reported results for the second quarter ended June 30, 2014 that saw upstream revenue and EBITDA set new quarterly highs on the strength of fleet growth...
July 31, 2014
Shipyard De Hoop sea trials hybrid FSIV
JULY 31, 2014 — Shipyard De Hoop has recently conducted sea trials of its first hybrid propelled Fast Supply Intervention Vessel (FSIV) and reports that the results of the tests exceeded expectations. De Hoop's design focus was on "speed...
July 31, 2014
Crowley opens Singapore project management office
JULY 31, 2014 — Crowley Maritime Corp.'s solutions group has opened a new project management office in Singapore. It is located at 77 Robinson Road on the 34th floor of the Robinson Building and can be contacted at +65 6809 2160. William Hill...
July 31, 2014
Two BAE shipyards win Navy contracts
JULY 31, 2014 — BAE Systems Southeast Shipyards Mayport, Jacksonville, FL, is being awarded an $54,698,937 modification to a previously awarded contract (N00024-10-C-4406) for a Docking Selected Restricted Availability to include structural...
July 31, 2014
With record earnings, Kirby orders more tonnage
JULY 31, 2014 — Houston headquartered Kirby Corporation (NYSE:KEX) yesterday announced record second quarter earnings and upped its 2014 capital expenditure guidance from $370 million to $380 million as it reported further additions to its...
July 30, 2014
Princess Cruises orders another ship at Fincantieri
JULY 30, 2014 —Carnival Corporation & plc subsidiary Princess Cruises has reached an agreement with Italian shipbuilder Fincantieri covering construction of a new 143,000 gt, 3,560 passenger cruise ship that will enter service in 2017. The...
July 30, 2014
Hyundai Heavy reports red ink quarter
JULY 30, 2014 — Hyundai Heavy Industries Co., the world's largest shipbuilder, yesterday reported its worst ever quarterly net loss — 616.6 billion won (US$601.7 million) in the April-June period, compared with a net profit of 66.8 billion won...
July 30, 2014
Hyde partners with Goltens on BWTS retrofits
JULY 30, 2014 — Hyde Marine, Inc. has launched an agreement with Goltens Green Technologies division to help shipowners determine how to best retrofit the Hyde Guardian Gold Ballast Water Treatment System (BWTS) into existing vessels. Hyde...
July 30, 2014
Eight-year prison term imposed in MSC bribery case
JULY 30, 2014 — Kenny E. Toy, 54, the former Afloat Programs Manager at the United States Navy Military Sealift Command, was yesterday sentenced by United States Chief Judge Rebecca Beach Smith of the Eastern District of Virginia to serve 96...

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