Saltchuk to acquire Tropical Shipping

APRIL 7, 2014 — AGL Resources Inc. (NYSE: GAS) reports has signed a definitive agreement to sell its Tropical Shipping business to a subsidiary of Saltchuk Resources, Inc. of Seattle, WA. After-tax

Former OCV plays key role in hunt for missing Malaysian jet

APRIL 7, 2014 — Underwater sounds consistent with the pings from aircraft black boxes have been picked up by an Australian Defense Vessel originally ordered as an offshore construction vessel (OCV) by

Hybrid ferry achieves 38% fuel savings

APRIL 7, 2014 — Rotterdam headquartered Imtech Marine says that a hybrid propulsion system supplied for the first diesel electric, hybrid ferries built for Scottish state-owned ferry operator, Caledonian Maritime Assets Ltd

Guilty plea in MSC bribery case

APRIL 7, 2014 — A former vice president of a Chesapeake, Va., government contracting company pleaded guilty April 4 to conspiracy to pay bribes to public officials in exchange for favorable treatment

Hydrex bow thruster repair avoids drydocking

APRIL 7, 2014 — Earlier this month Hydrex carried out bow thruster blade replacements on a 270-meter containership in Barcelona. After cracks were detected in the old blades, a condition of class

American Empress named in Portland ceremony

APRIL 7, 2014 — American Queen Steamboat Company’s American Empress was christened in downtown Portland, OR, Sunday. The 223-guest riverboat, the largest west of the Mississippi River, officially joins the company’s fleet

WSS strengthens Singapore management team

APRIL 4, 2014 — Wilhelmsen Ships Service (WSS) has strengthened its Singapore-based management team to reflect increased levels of business and a focus on expanding service provision across the Asia-Pacific region. Hege

Møkster orders second wave-piercing PSV

APRIL 4, 2014 — Norway’s Simon Møkster Shipping has signed a contract with Spanish shipbuilder Astilleros Gondan. It covers the construction of a sister vessel to the Rolls-Royce UT-766 design wave-piercing platform

CIT Maritime helps Epic Gas grow fleet

APRIL 4, 2014 — CIT Maritime Finance has provided a $46.4 million senior secured credit facility to Epic Gas Ltd. Headquartered in Singapore, Epic Gas owns and operates a fleet of seaborne

Software tracks vessel fouling risk

APRIL 4, 2014 — International Paint Ltd, Felling, U.K., has developed Intertrac. It is claimed to be the shipping industry’s first, patented applied for software system that enables shipowners and operators to

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