Shotts, Scotland, based subsea services provider Pharos Offshore Group. has started construction of a new remotely operated vehicle (ROV) designed specifically for the offshore wind farm cable market. The new Inter Turbine
Hong Kong listed shipbuilding giant China Rongsheng Heavy Industries Group Holdings Limited reports soaring revenues and profits for the six months ended June 30, 2011 – a period that saw the company
Tanker operator General Maritime Corporation (NYSE:GMR), whose founder and Chairman is Peter Georgiopoulos says it has received notice from the New York Stock Exchange, Inc. (the “NYSE”) that it is no longer
South Korea’s Hyundai Heavy Industries, the world’s largest shipbuilder, today announced the completion of the final performance test for a ship model of a 190,000 dwt ice-breaking iron ore carriers at Institute
Simple, cost-effective preventive measures to protect ships from pirates can be put in place in a matter of hours, according to Paul Friedberg, President of Goltens Worldwide Services. Goltens offers a service
Cummins Inc. (NYSE: CMI) has released details of its U.S. EPA compliant Tier 3 marine engines. Improving on the existing EPA Tier 2-certified product line, the company is developing a full range
Fort Lauderdale, Fla., headquartered Resolve Marine Group, Inc. (Resolve) has acquired the staff and assets of the Elliott Bay Design Group’s (EBDG) New Orleans office. The addition of former EBDG personnel in
An LNG-fuelled ferry would not only have significant environmental benefits, but economic ones as well, according to a recently completed feasibility study for Washington State Ferries. Naval architectural and marine engineering firm
International Shipholding Corporation (NYSE:ISH) announced today that wholly-owned subsidiary Waterman Steamship Corporation has been awarded a time charter contract with Military Sealift Command. The contract is for a firm one year period
Songa Offshore reports that it has finalized a new $420 million bank facility with a repayment profile of 8.5 years. It will be used to finance the delivery of the ultra-deepwater semisubmersible