Although keeping capital expenditure under control may be a key consideration during system procurement, any savings can quickly vanish if low cost components result in an increase in unbudgeted operational costs. That
MARAD has announced the award of more than $7.5 million in grants to nine Marine Highway projects. They include funding for several Container on Barge (COB) projects, conversion of a ferry from
U.K ship repairer SMS Southampton, part of the SMS Group, has completed a significant dredge refit for Tarmac Marine. The refit involved the 72 meter, 1997-built aggregate dredge City of Chichester and
Two Huntington Ingalls Industries (NYSE: HII) shipyards were last month awarded Navy contracts for planning yard services together worth a potential total of $907.5 million. The company’s Ingalls Shipbuilding division was awarded
In a tweet on January 4, U.K. Secretary of Defence Ben Wallace announced that Royal Navy ships HMS Montrose and HMS Defender will resume accompaniments of U.K.-flagged commercial vessels in the Strait
FinCo Fuel Group, which is active in the downstream energy market with a broad portfolio of fuel products, has taken a majority stake in GoodNRG, the holding company of renewable fuels pioneer
Classification society ClassNK reports that it released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on December 27, 2019. The society constantly revises its Rules and
General Dynamics National Steel and Shipbuilding Co. (NASSCO), San Diego, California, has been awarded a $98,074,420 contract for the execution of the USS Harpers Ferry (LSD 49) FY 2020 docking phased maintenance
Mitsubishi Shipbuilding has delivered the FGSS (Fuel Gas Supply System) for the the first LNG fueled pure car carrier (PCC) to be built in Japan, which is currently under construction for NYK
Local media report that Wepfer Marine has reached a settlement with surviving family members of two men who died in the December 2017 capsizing and sinking of the 1976-built towboat Ricky Robinson.