Technip (Paris:TEC) is launching Vertiwind, a project that will test a pre-industrial prototype of a floating offshore wind turbine with a vertical axis. Associated with Technip in the project are Nénuphar, Converteam
The U.S. Coast Guard has awarded Northrop Grumman Corporation (NYSE:NOC) a firm fixed-price contract for long-lead material procurement on a fifth National Security Cutter. The contract is for $89 million, with options
Pirates captured 1,181 seafarers and killed eight more last year, making 2010 the worst year on record for hostage taking at sea. The latest global piracy report from the International Chamber of
Singapore’s Sembawang Shipyard, a unit of Sembcorp Marine, has received a S$123 million (US$95.5 million) contract from Teekay Shipping (Australia) Pty Ltd for the Engineering, Procurement, Construction and Commissioning (EPCC) of a
Eastern Shipbuilding this month launched Grand Manan Adventure, an 82-vehicle ferry that it is building at its Panama City, Fla. shipyard under a $65 million contract from the Government of New Brunswick,
Rolls-Royce reports that it is to supply gas turbines and waterjets for ten Lockheed Martin team Littoral Combat Ships (LCS) — its largest ever marine naval surface ship contract. Each Freedom class
Chinese shipyards continue to make inroads into even the most challenging sectors of the market. China’s Hudong-Zhonghua Shipbuilding Co., Ltd., a subsidiary of China State Shipbuilding Corporation, is to build four LNG
The bulk carrier MV EAGLE was attacked and hijacked at 0641 UTC, January 17 in position 13 17 N 061 42 E, n the Gulf of Aden, 490 nautical miles South West
“We have to remember the basics before getting a real handle on emissions control for large marine and stationary plants,” says one well-known marine industry commentator. “In today’s world of automation and
For cruise lines, passenger bookings during the “wave season”—the first quarter of the year—are generally a good indicator on how well or how poor the year is going to be. A recent