Moody’s places Petrobras’ ratings on review for downgrade

DECEMBER 23, 2014 — Moody’s Investors Service today placed Petrobras S.A.’s Baa2 global foreign currency and local currency debt ratings on review for possible downgrade. The rating action reflects concern about potential

Repairs to fire damaged cruise ship to take nine weeks

DECEMBER 23, 2014 — Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) today quantified the financial impact of the December 11 fire on board its Oceania Cruises subsidiary’s cruise ship Insignia. Two contractors and

Aker Philly marks two milestones in tanker program

DECEMBER 23, 2014 — Aker Philadelphia Shipyard celebrated two significant ship milestones this week. Today, the shipyard held a ceremonial keel laying for the second of four Jones Act product tankers that

GD NASSCO wins another Navy MLP contract

DECEMBER 23, 2014—General Dynamics NASSCO, San Diego, CA, will build its fourth Mobile Landing Platform and second configured as an Afloat Forward Staging Base (AFSB) for mine countermeasure (MCM) helicopters and special operations

Decommissioned carrier Ranger to be dismantled

DECEMBER 23, 2014 — The Navy has awarded a contract for the towing and dismantling of the decommissioned aircraft carrier Ranger (CV 61) to International Shipbreaking Ltd.  Under the contract, the company

ThyssenKrupp sells Emder Werft shipyard

DECEMBER 23, 2014 — ThyssenKrupp has entered an agreement to sell the Emder Werft und Dockbetriebe shipyard in Emden, Germany, to Hamburg based private equity firm Seafort Advisors GmbH. ThyssenKrupp says it

Bollinger Shipyards has new leadership

DECEMBER 23, 2014 — Lockport, LA, based Bollinger Shipyards today announced that Ben Bordelon will assume the duties of Chairman, President and Chief Executive Officer of the company. Ben Bordelon, along with

Aegean starts Gulf of Mexico bunkering operation

DECEMBER 23, 2014 — Aegean Marine Petroleum Network Inc. (NYSE: ANW) is to commence immediate marine fuel supply operations in the Gulf of Mexico.  In support of its operations the company has

Alaska Marine Highway System opts for Carus IT solution

DECEMBER 23, 2014 — The Alaska Marine Highway System (AMHS) has awarded Mariehamn, Finland, headquartered Carus a contract to provide the ferry system’s booking, ticketing, departure control and attendant administrative functions. At

Royal Caribbean to fit exhaust gas scrubbers in 19 ships

DECEMBER 22, 2014 —  Royal Caribbean Cruises Ltd. (NYSE/OSE: RCL) will retrofit 19 of its cruise ships with “advanced emissions purification (AEP) systems,” in other words exhaust gas scrubbers. It says the

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