APL has signed an agreement to fit the main engine of one of its 10,000 TEU containerships with a fuel savings system that uses cavitation to create a highly stable heavy fuel
Liuzhou Yinliu Hotel Management Co. Ltd., China, has ordered a first-of-its kind luxury sightseeing ferry from Afai Southern Shipyard (China). To be built to Damen Ferry 3508 design, the 35 m aluminum-hulled
Huntington Ingalls Industries (NYSE:HII) reports that Lori Harper has been promoted to vice president of supply chain management for the company’s Ingalls Shipbuilding division. In this capacity, Ms. Harper will be responsible
Miramar, Fla., headquartered MTN Satellite Communications is boosting its senior leadership team as it moves ahead with growth plans that include the impending launch of its Next Generation Network. Robert Wise, previously
Cal Dive International, Inc. (NYSE:DVR) reports that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20 inch subsea pipeline located in the Abkatun Pol
Athens-headquartered Star Bulk Carriers Corp. (NASDAQ: SBLK) reports that one of its vessels, the 179,546 dwt Capesize bulk carrier STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following
STX Finland Oy and Gaiamare Ltd. signed a conversion contract on March 1, 2012 covering extensive modification work on the multipurpose deck cargo vessel Aura I. The contract signing came the on
A maritime security alert has been issued for the Arabian Sea after a merchant vessel, MV Royal Grace, was reportedly hijacked in position 21:27N – 062:37E approximately 150NM off Oman on March
A Littoral Combat Ship that will be built by Austal USA, Mobile, AL, will be named for former U.S. Congresswoman Gabrielle “Gabby” Giffords, according to an announcement by U.S. Secretary of the
Oil and gas production from the first FPSO in the U.S. Gulf of Mexico started at the deepwater Cascade field, according to Brazilian oil major Petrobras. Petrobras is the first company to