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
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
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
APRIL 4, 2014 — General Dynamics, Electric Boat Corp., Groton, CT, is being awarded an $11,000,000 cost-plus-fixed-fee modification to the previously awarded contract (N00024-13-C-4308) to incrementally fund previously exercised options to provide
APRIL 4, 2014 — Edison Chouest Offshore could face penalties in relation to the grounding of the mobile offshore drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, on Dec.
APRIL 3, 2014 — The Virginia-class fast attack submarine John Warner (SSN 785) has reached the “pressure hull complete” construction milestone at Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding, signifying that all
APRIL 3, 2014 — The Federal Maritime Commission announced yesterday that it had concluded a comprehensive review of the proposed amendment to the G6 Alliance Agreement, FMC Agreement No. 012194-002 including the
APRIL 3, 2014 — Mississauga, Ontario, headquartered Electrovaya Inc. (TSX:EFL) reports that a cable ferry powered by one of its battery systems has now been sailing between Mjånes and Hisarøy in Norway
APRIL 3, 2014 — Northrop Grumman Corporation (NYSE:NOC) has named Jeanne Usher managing director of its New Malden, U.K., headquartered Sperry Marine business unit, She succeeds Alan Dix, who recently retired following
APRIL 3, 2014 — Wärtsilä says that the VS 485 design platform supply vessel ordered at Norway’s Kleven Shipyard by Rem Offshore ASA in January (see earlier story) is the first confirmed
APRIL 3, 2014 — Rolls-Royce Power Systems AG reports that a total of 50,000 common rail injection pumps have now come off the conveyor belt at its L’Orange GmbH subsidiary in Glatten,