Trailer Bridge may seek bankruptcy protection if it can’t refinance

Jones Act carrier Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced unaudited financial results for its second quarter and six months ended June 30, 2011 that included net losses of $3.6

Huntington Ingalls makes environmental health and safety appointment

Jim Thornton has been appointed director of environmental health and safety strategy and regulatory affairs at the Newport News Shipbuilding (NNS) division of Huntington Ingalls Industries, Inc. (NYSE:HII). In this new role,

Island Offshore christens new offshore construction vessel

Norway’s Island Offshore recently christened the 120-meter-long offshore construction vessel, Island Intervention. Based on an Ulstein SX121 design the Island Intervention will carry out advanced operations in the Norwegian Sea this autumn. 

Austal awarded contract for eight Australian Customs patrol boats

Austal has been awarded a contract for the design, construction and through-life support of eight new 57.8 m patrol boats for the Australian Customs and Border Protection Service. The approximate value of

Red ink at NOL

Container shipping and logistics giant Neptune Orient Lines (NOL) today reported a net loss of US$67 million for the first half of 2011 compared to a US$1 million net profit in the

Energy-saving PBCF now adopted for 2,000 ships

Mitsui O.S.K. Lines, Ltd. (MOL) reports that the energy-saving Propeller Boss Cap Fins (PBCF) device has now been ordered for 2,000 vessels worldwide. The PBCF breaks up the hub vortex generated behind

Davie Yards CEO headed back to Norway to join STX Norway

Gustav Johan Nydal is leaving his position as President and CEO of Quebec shipbuilder Davie Yards to return to Norway where he has been appointed Yard Director of STX Norway Florø AS.

Coast Guard publishes proposed towing vessel inspection rules

The U.S. Coast Guard published today in the Federal Register a notice of proposed rulemaking (NPRM) designed to improve safety on towing vessels. The rule could impact more than 5,100 vessels that

Gladding-Hearn delivers boat to Fire Island Ferries

Gladding-Hearn Shipbuilding, Duclos Corporation, Somerset, Mass., recently delivered a new high-speed ferry to Fire Island Ferries, Inc., for operation on the south shore of Long Island in New York. The new 387-passenger,

Siemens to supply diesel electric systems for Tidewater PSV’s

The two 92.4 m platform supply vessels that Fincantieri Marine Group’s Bay Shipbuilding Company is to build for Tidewater Marine LLC (see earlier story) are to have Siemens diesel electric propulsion. Siemens

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