MARAD awards $4.8 million in Marine Highway project grants

AUGUST 9, 2018 — Secretary of Transportation Elaine L. Chao yesterday announced the award of $4,872,000 in grants to six Marine Highway projects. The funding, provided by the Maritime Administration’s (MARAD) Marine

Damen to supply key components for Chilean polar vessel

AUGUST 8, 2018 – Chile’s ASMAR Talcahuano Shipyard has awarded Damen Marine Components a contract to supply steering gear, rudders and stern tube parts for a Chilean Navy antarctic research vessel. The

GD BIW awarded $33.6 million mod to LCS support contract

AUGUST 8, 2018 – General Dynamics, Bath Iron Works, Bath, ME, is being awarded a $33,592,059 modification to a previously awarded Navy contract to exercise Option Year Four for the accomplishment of

McQuilling releases 2018 mid-year tanker outlook update

AUGUST 8, 2018 – McQuilling Services has released its 2018 Mid-Year Tanker Market Outlook Update. McQuilling says that global oil demand is expected to grow 1.5% in 2018 to over 99 million

CSSC plans to expand its marine equipment service business

AUGUST 8, 2018 – China State Shipbuilding Corporation Limited (CSSC) says that rapid growth of its marine equipment service subsidiary, CSSC Marine Service Co.,Ltd, (CMS), has necessitated plans for service expansion. CMS

Moran Shipping Agencies teams with NCC on maritime cyber security

AUGUST 8, 2018 – Cyber security and risk mitigation specialist NCC Group and Moran Shipping Agencies, Inc., the largest independent steamship agency in North America, have formed a strategic alliance in maritime

Golden Gate ferry gets Ecospeed coating system

AUGUST 8, 2018 – Subsea Industries reports that its Ecospeed coating system has been applied to the aluminum-hulled 750-passenger capacity Spaulding class ferry M/S Marin, owned and operated by the Golden Gate

U.S. Merchant Marine Academy has a new strategic plan

AUGUST 8, 2018 – The United States Merchant Marine Academy (USMMA), Kings Point, NY, has issued its new strategic plan. After 18 months in the making, the plan provides guidance and direction

Navy officer pleads guilty to role in $2.7 million procurement scam

AUGUST 8, 2018 — The U.S. Attorney’s Office, Eastern District of Virginia, reports that naval officer Randolph M. Prince, 45, pleaded guilty Monday to a role in a $2.7 million procurement fraud

Solstad Farstad and SBM renew Normand Installer frame agreement

AUGUST 8, 2018 — Skudeneshavn, Norway, headquartered Solstad Farstad ASA reports that it has renewed its frame agreement with SBM Offshore (SBM) for 2019 and 2020, under which SBM will charter the

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