Maine ferries get $2.4 million in grants

JULY 30, 2012—Maine Senator Susan Collins, Ranking Member of the Senate Transportation Appropriations Subcommittee, today said that the U.S. Department of Transportation (DOT) will award $2.4 million in federal funding to the

Eagle Ocean reports a flying start

JULY 30, 2012 — Eagle Ocean Marine (EOM), a specialist fixed-premium P&I and FD&D (Freight, Demurrage and Defense) facility underwritten by the American Club, reports an excellent first year of operation, and

Shell launches new cylinder oil

JULY 30, 2012 — Shell has launched what it calls “its most innovative marine engine oil in a generation.” It says that, unlike conventional cylinder oils, Shell Alexia S4, can be used

COSCO, Rongsheng Heavy issue profit warnings

JULY 30, 2012 — Yet another sign of the challenges confronting China’s maritime sector: Hong Kong exchange profit warnings from both shipbuilder China Rongsheng Heavy Industries and shipping giant COSCO. In a

Propeller driven catamaran promises fuel savings

JULY 30, 2012 — Designer Incat Crowther has released some more details of the 34 m catamaran passenger ferry Ava Pearl, now in service  with Rhode Island Fast Ferry. Built by Gladding

Voith keeps things moving at 2012 Olympics

JULY 29, 2012—While you won’t see them on any of the Olympic medal stands, Voith technology is playing a winning role in making sure all of the events run smoothly in London.

Huntington Ingalls awarded $1.5 billion Navy contract

JULY 28, 2012—The day before christening the ninth Landing Platform Dock ship in the San Antonio Class, Huntington Ingalls Inc., Pascagoula, MS, was awarded a $1.514 billion fixed-price-incentive modification to previously awarded

Hercules Offshore reports increased revenues

JULY 27, 2012 — Hercules Offshore, Inc. (HERO) today reported revenue of $179.0 million for the second quarter 2012 compared with revenue of $170.2 million for the second quarter 2011. However, the

NASSCO Norfolk awarded $115 million contract mod

JULY 27, 2012 — General Dynamics, NASSCO, Norfolk, Va., is being awarded a $115,016,340 modification to previously awarded contract (N00024-09-C-4416) for amphibious landing ship USS Oak Hill (LSD 51) to extended drydocking,

Landmark containership engine completes trials

JULY 27, 2012 — MAN Diesel & Turbo’s first super-long-stroke, 90-cm bore Mk 9 engine has successfully completed test bed trials at Hyundai Heavy Industries Engine & Machinery Division in Korea. The

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