Crowley Maritime company Titan Salvage, in collaboration with Italian marine contractor Micoperi, has won the contract to salvage the Costa Concordia, Costa Cruise Lines announced April 21. The salvage plan, which must
The Panama Canal Authority (ACP) Board of Directors has approved a proposal to modify the Panama Canal pricing structure “to align Canal toll charges with the value the route provides.” The proposal
Rotterdam headquartered Jumbo Shipping has confirmed an order for a second new K-class heavy lift vessel, with an option on a third, to complement its existing fleet. The K-class vessels are being
Lloyd’s Register has published the first dedicated set of rules for stern-first ice-class ships. The release of the rules comes as more and more ships are being ordered with options such as
“The year has started rather well with order intake increasing by 13 percent,” says Wärtsilä Corporation President and CEO Björn Rosengren, commenting on the company’s first quarter performance. “Our profitability was 10.1
A ceremony at the CSSC-MES Diesel Co., Ltd. (CMD), Shangai, saw the signing of the contract to construct the first Chinese-built MAN B&W design Green Series 7G80ME-C9.2 engine. Due for delivery in
The Cruise Lines International Association has appointed a panel of experts to assess the recommendations made in an operational safety review launched by the industry following the Costa Concordia tragedy. The panel
Ingram Barge Company has reached an agreement to acquire U.S. United Barge Line, LLC (“UBL”), a barge transportation company headquartered in Tampa, Florida with a major operating office in Metropolis, Illinois. “The
ABS Vice President and current Chief Engineer Dr. Kirsi Tikka is transferring to London to assume the role of President and COO of the ABS Europe Division. The division is responsible for
A Huntington Ingalls Industries (NYSE:HII) subsidiary has signed an agreement with a subsidiary of Korean shipbuilding giant Hanjin Heavy Industries. Under the agreement, Huntington Ingalls subsidiary AMSEC and Hanjin Heavy Industries and