Donjon-SMIT names Raymond Lord president
Raymond Lord has been named President of Donjon-SMIT, LLC, effective November 8. A native of Houston, Texas, Mr. Lord has more than 30 years of experience within the marine salvage industry, most
Author: Administrator
Scottish yard to build two hybrid Ropax ferries
Caledonian Maritime Assets Limited (CMAL) has announced that Ferguson Shipbuilders, Port Glasgow, Scotland as the preferred bidder for the contract to build the world’s first two seagoing Roll-on/Roll-off vehicle and passenger (Ropax)
Helsinki shipyard starts production of second icebreaking supply vessel
Arctech Helsinki Shipyard Inc. started the production of a second icebreaking supply vessel for Russian shipping company Sovcomflot at the Helsinki Shipyard yesterday. Both vessels will be delivered in April 2013. The
COSCO (Zhoushan) Shipyard books order for two bulkers
China’s COSCO (Zhoushan) Shipyard Co. Ltd.,a subsidiary of , COSCO Shipyard Group Co. Ltd., has secured a contract valued at over $68 million to build two ) 82,000 dwt dry bulk carriers.
Cummins introduces world’s most powerful high speed diesel
Cummins Inc. (NYSE: CMI) has introduced its new QSK95 engine with over 4,000-hp (2,983 kW) output, describing it as “the world’s most powerful high-speed diesel.” The 95-liter 16-cylinder QSK95 is the first
Tidewater reports a red ink quarter
Offshore service vessel giant Tidewater Inc. (NYSE:TDW) reported a second quarter net loss for the period ended September 30, 2011, of $4.9 million, or $0.09 per share, on revenues of $250.9 million.
Grand China Shipping suspends trans-pacific service
Grand China Shipping is suspending a weekly trans-pacific containership service– Super Pacific Express (SPX) — that it initiated in March this year. SPX links Long Beach with the Chinese ports of Shanghai,
Officers in Rena grounding face further charges
Further charges have been laid by Maritime New Zealand (MNZ) against the Master and Second Officer of the of the Costamare-owned 3,032 TEU containership Rena, following the ship’s grounding on Astrolabe Reef
Rowan exercises option for third drillship
Drilling contractor Rowan Companies, Inc. (NYSE:RDC) reported results for the three months ended September 30, 2011, that included net income from continuing operations of $31.4 million or $0.25 per share, compared to
Transocean files suit against BP in Deepwater Horizon case
Transocean Offshore Deepwater Drilling Inc. (TODDI), a subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), today filed a motion for summary judgment in the United States District Court for the Eastern District