Navios Acquisition turns in loss, declares dividend
Angeliki Frangou led tanker operator Navios Maritime Acquisition Corporation (NYSE: NNA) reported a net loss for the three month period ended March 31, 2012 of $0.8 million compared to a loss of
Angeliki Frangou led tanker operator Navios Maritime Acquisition Corporation (NYSE: NNA) reported a net loss for the three month period ended March 31, 2012 of $0.8 million compared to a loss of
Japan’s Imabari Shipbuilding has developed the Aero-Citadel, a newly designed superstructure that couples energy efficiency with anti-piracy measures. Imabari’s Aero-Citadel superstructure has a slim, streamlined shape that combines the ship’s accommodations, engine
Gamesa and Newport News Shipbuilding have agreed to suspend the development of a prototype offshore wind turbine once they have completed the Critical Design Review (CDR) stage of the project. Plans for
The future USS Fort Worth (LCS 3) successfully completed acceptance trials May 4, testing the ship’s major systems and equipment in port and underway in Lake Michigan. Built at Marinette Marine, the
Chevron Corporation (NYSE: CVX) reports that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract
GE Marine is offering military and commercial marine customers hybrid electric systems based on its LM aeroderivative gas turbines, motors and drives, to help reduce noise and improve fuel economy. Hybrid electric
Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding (NNS) division last week broke ground on the shipyard’s new Apprentice School campus. Apprentice School students, faculty and staff were joined by
Bridge Control, the new generation of the Raytheon Anschütz bridge system, has become the world’s first navigation system to be type approved to IMO’s new Performance Standards for Integrated Navigation Systems (INS).
Japan’s Kawasaki Heavy Industries Ltd. is to take a 30 percent stake in Brazilian shipbuilder Estaleiro Enseada do Paraguacu S.A. (EEP). EEP was established by Brazilian construction giant Odebrecht (with a 50
Two Incat Crowther design 58 m catamaran crew boats, to be named Seacor Lynx and Seacor Leopard, are under construction at Gulf Craft LLC, Paterson, LA, for Seacor Marine, Houma, LA. The