Author: Administrator

  • News

Northern Lights introduces hybrid marine propulsion solution

Seattle headquartered Northern Lights, Inc. (NLI), is offering a hybrid marine propulsion solution that combines NLI’s Lugger propulsion engines with BAE Systems’ HybriDrive Propulsion System. The system uses a Propulsion Control System

  • News

Kirby reports record third quarter results

Kirby Corporation (NYSE:KEX) reports record net earnings for the third quarter ended September 30, 2011 of $52.7 million, or $.94 per share, compared with $30.7 million, or $.57 per share, for the

  • News

DryShips gets $141 million tanker construction loan

DryShips Inc. (NASDAQ: DRYS) reports the signing of a $141 million syndicated secured term loan facility to partially finance the construction costs of the tankers Belmar, Calida, Lipari and Petalidi. The lead

  • News

USMMA honors TOTE’s John Parrott

John Parrott, President of Totem Ocean Trailer Express, Inc. (TOTE), was honored earlier this month by his alma mater, the U.S. Merchant Maritime Academy, with the 2011 Outstanding Professional Achievement Award. The

  • News

MARAD/SOCP to hold anti-piracy demonstration in Baltimore

The Ship Operations Cooperative Program (SOCP) is inviting maritime industry representatives to attend a joint MARAD/SOCP Anti-Piracy Training and Technology demonstration to be held at 399 East Cromwell Street, Baltimore, MD  21230