SGX offers $102.6 million for Baltic Exchange
AUGUST 4, 2016 — The Singapore Exchange (SGX) is making a GBP 77.6 million (about $102.6 million) bid for London’s historic Baltic Exchange. SGX and the Baltic Exchange announced in May (see
AUGUST 4, 2016 — The Singapore Exchange (SGX) is making a GBP 77.6 million (about $102.6 million) bid for London’s historic Baltic Exchange. SGX and the Baltic Exchange announced in May (see
AUGUST 4, 2016 — Dredging giant Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) reported revenue of $192.2 million, net loss of $1.7 million and Adjusted EBITDA of $18.3 million for the quarter
AUGUST 3, 2016 — GE’s Marine Solutions, Evandale, OH, reports that the LM2500 gas turbine Module Modernization Program (MMP) is now underway in cooperation with shipbuilder GD Bath Iron Works and the
AUGUST 3, 2016 — Based on many years experience supplying shipyards worldwide with cleaning equipment, Kamat GmbH & Co. KG, Witten, Germany, has developed a new system for automated cleaning and paint
AUGUST 2, 2016 — The recent order for four Damen 3711 Stan Tugs awarded Conrad Shipyard by Young Brothers (see earlier story) will be the first to be handled by a new
AUGUST 2, 2016 — Fairbanks Morse, an EnPro Industries company (NYSE: NPO), is to supply the main propulsion diesel engines for the USNS John Lewis, the lead ship in the U.S. Navy’s
AUGUST 1, 2016 — A whistleblower who is an officer of a U.S.-flag shipping company is to receive $215,000 in a case in which Jacintoport International LLC and Seaboard Marine Ltd. will
AUGUST 1, 2016 — Karpowership, part of Turkish energy group Karadeniz Holding, has placed an for a total of twelve MAN Diesel & Turbo 18V 51/60 engines, each with a capacity of
AUGUST 1, 2016 — International Shipholding Corporation (OTCQX: ISHC) reports that it and 18 subsidiaries have each filed voluntary petitions for relief under Chapter 11 of title 11 of the United States
JULY 29, 2016 — Finland’s Elomatic Ltd and Deltamarin Ltd yesterday signed a large scale three-party engineering contract with German shipbuilder MV Werften for the design of a Global Class mega passenger