Maersk shares hit after “unsatisfactory” quarter

NOVEMBER 2, 2016 — At the close of business on what was a dismal day for Denmark’s Copenhagen OMX exchange the worst performers were both A.P. Moller – Maersk. The A share

VIDEO: ONR looks at implications of a less icy Arctic

NOVEMBER 2, 2016 — With diminishing sea ice in the Arctic Ocean expands navigable waters, scientists sponsored by the Office of Naval Research have traveled to the region to study the changing

MV Werften now has its own cabin factory

NOVEMBER 2, 2016 — MV Werften Fertigmodule GmbH has officially taken over its own cabin factory in Wismar, Gernany MV Werften Fertigmodule GmbH is part of Genting Hong Kong’s shipbuilding operation, MV

MV Werften now has its own cabin factory

NOVEMBER 2, 2016 — MV Werften Fertigmodule GmbH has officially taken over its own cabin factory in Wismar, Gernany MV Werften Fertigmodule GmbH is part of Genting Hong Kong’s shipbuilding operation, MV

Schell to be CEO of Rolls-Royce Power Systems

NOVEMBER 2, 2016 — Andreas Schell has been appointed as Chief Executive Officer (CEO) of MTU parent company Rolls-Royce Power Systems (RRPS). Schell will join Rolls-Royce later this year, reporting to Chief

Crystal Cruises to build two more expedition yachts

NOVEMBER 2, 2016 — Following successful completion of Crystal Serenity’s Northwest Passage voyage this summer, Genting Hong Kong’s Crystal Cruises is adding two more expedition yachts as part of its response to

Chem tanker newbuilds to be largest of their kind

NOVEMBER 2, 2016 — Bergen, Norway, based Odfjell has firmed up an earlier letter of intent and signed shipbuilding contracts with China Shipbuilding Trading and Hudong-Zhonghua Shipbuilding (Group) for four chemical tankers

Envirocleanse to seek type approval for inTank BWTS

NOVEMBER 2, 2016 — Envirocleanse LLC, a division of Berkshire Hathaway’s Charter Brokerage, reports that it recently submitted a Letter of Intent to the U.S. Coast Guard and IMO indicating that it

USCG issues RFI for polar icebreaker program

NOVEMBER 1, 2016 — The Coast Guard released a request for information (RFI) for the polar icebreaker acquisition program last week. The request seeks feedback on the program’s notional acquisition approach and

MOU for construction of unmanned offshore vessel

NOVEMBER 1, 2016 — The U.K.’s Automated Ships Ltd (an M Subs Ltd subsidiary) and Norway’s Kongsberg Maritime have signed a Memorandum of Understanding to build the Hrönn, the world’s first unmanned

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