ABB has won a long-term service contract from Carnival Corporation to maintain and upgrade ABB’s Azipod equipment over the next 15 years for 20 ships in the cruise giant’s fleet, cutting costs
Captain Kuba Szymanski, Secretary General of Intermanager, says that a shipping performance benchmarking project started by the ship managers’ association is making “excellent progress.” The Shipping Key Performance Indicator Project, initiated by
Horizon Lines, Inc. (OTCQB: HRZL) reports financial results for the fiscal fourth quarter ended December 25, 2011 that include a 2010 fourth-quarter net loss from continuing operations of $43.6 million, or $35.49
SEAJON, LLC, a partnership between SEACOR Holdings Inc. and Donjon Marine Co., Inc., held an open house April 10 at the Donjon Shipbuilding and Repair facility in Port Erie, Pa., for news
Horizon Lines, Inc. (OTCQB: HRZL) says that it has completed transactions with more than 99 percent of its noteholders, and with Ship Finance International Limited, to substantially deleverage the company’s balance sheet
IHC Merwede has put together the financing it needs to get started on a major shipbuilding export project. As we reported in March, IHC Offshore & Marine has signed two contracts with
The U.S. Coast Guard, together with the Louisiana Department of Envrionmental Quality and Plaquemines Parish, is responding to a report of a fuel oil discharge, Tuesday, on the lower Mississippi River near
Cargotec has received an order to supply a total of twenty 150-tonne electric MacGregor winches for two pipe-laying heavy-lift offshore construction vessels (N448 & N449) which are currently being constructed at Cosco
“The LNG sector together with the offshore shuttle tankers market will be playing a growing role in our company’s affairs going forward,” says Mr. Nikolas P. Tsakos, President & Chief Executive Officer
Crowley Maritime Corporation reports that Julia Shemesh has been promoted to vice president and deputy general counsel. Ms. Shemesh will remain in Seattle, Wash., and will continue reporting to Michael Roberts, senior