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Two former Höegh Autoliners execs indicted

An indictment of two former Höegh Autoliners executives has been unsealed in the U.S. District Court in Baltimore, according to the U.S. Department of Justice. Ingar Skiaker and Øyvind Ervik have been

Veth delivers 4,000th thruster

Racine, Wis., based Twin Disc reports that its Veth Propulsion subsidiary has delivered its 4,000th thruster. To commemorate the accomplishment, Tim Batten, managing director, and Erik Veth, resigning managing director, traveled to

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Jacobs wins Saudi shipyard contract

Dallas, Texas, based Jacobs (NYSE:JEC) is to deliver design engineering services for what will be the largest shipyard on the Arabian Gulf: the King Salman International Complex for Maritime Industries and Services