Espoo, Finland, headquartered Valmet has signed a contract with Mitsubishi Shipbuilding’s Shimonoseki Shipyard covering delivery of hybrid scrubber systems and water treatment units for two ferries. The ferries have been ordered by
Field machining specialist Mactech Inc. has joined Thordon Bearings’ global network of sales and service agents to support the Canadian manufacturer in the Wisconsin, Michigan, Chicago, Minnesota and U.S. Great Lakes areas.
Following a successful testing and evaluation program, Singapore-based Penguin International Ltd. has selected Schottel’s STT 51 FP tunnel thrusters for its flagship Flex-42X series of eight executive fast crew boats. The STT
As many as 19 Iranian sailors have been killed and 15 others injured in a friendly fire incident in which, according to multiple media reports, a missile fired from a warship missed
Harvey Gulf International Marine reports that it has signed 18-month contract extensions for two of its LNG fueled PSVs. The extensions will keep both vessel under charter well into 2022. Harvey also
In a broadcast today, U.K. Prime Minister Boris Johnson unveiled what he stressed was a conditional plan for easing some COVID-19 restraints and restarting the British economy. Among many other elements the
Following announcements from regional German authorities and their Austrian counterparts on the relaxation of COVID-19 lockdown measures, European, river cruise company A-Rosa River Cruises says it plans to restart selected departures on
Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN) reports that it has sold the 2005-built VLCC TI Hellas for $38.1 million. A capital gain on the sale of approximately $1.6 million will be
Helsinki, Finland, headquartered naval architecture and marine engineering firm Foreship has launched an initiative to limit the presence and spread of coronavirus and other pathogens on passenger ships and get the cruise
Royal Caribbean Cruises Ltd. (NYSE: RCL) estimates it is burning through cash in the range of approximately $250 million to $275 million per month during the present suspension of cruise operations, it