Knud E. Hansen tweaks Reefer RoRo design

NOVEMBER 21, 2014 — Danish naval architect firm Knud E. Hansen has further developed a Reefer RoRo Ship design launched last year. The ship is intended for world-wide operation as a Reefer

Two cruise ships find new homes

NOVEMBER 21, 2012 — Two cruise lines are shedding vintage ships, in one case through a sale and in the other through a transfer. Carnival Corporation’s Costa Cruises abruptly canceled the first

GAO: First Ford class carrier headed for cost overruns

NOVEMBER 21, 2014 — The lead Ford-class aircraft carrier (CVN 78) looks likely to be delivered late and over budget. The Navy will try to use smoke and mirrors to minimize the

Sewol operator CEO gets 10 year prison sentence

NOVEMBER 20, 2014 — South Korea’s Gwangju District Court has imposed a 10 year prison sentence on Kim Han-Sik, CEO of Chonghaejin Marine Co., the operator of the ferry Sewol, which sank

World’s biggest box ship has world’s biggest engine

NOVEMBER  20, 2014 — The world’s largest containership, China Shipping Container Lines 19,000 TEU CSCL Globe (CSCL) is also noteworthy for being powered by what is, physically, the largest engine ever constructed

CIT finances Blue Wall bulker acquisitions

NOVEMBER 19, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $24.1 million senior secured credit facility to Blue Wall Shipping Limited, an investment holding company. The facility

Idled rigs hinder Transocean’s 2015 earnings

NOVEMBER 19, 2014—Equity research firm Cowen and Company says publicly traded offshore drilling contractor Transocean’s November Fleet Update Summary has “negative implications for the stock.” Traded on the New York Stock Exchange

Two UNF students awarded Crowley scholarships

NOVEMBER 19, 2014 —  Crowley Maritime Corporation this month awarded Thomas B. Crowley Sr. Memorial Scholarships to two University of North Florida (UNF) students who are also currently part-time employees with the

PPG gets $8.9 million MSC paint contract

NOVEMBER 19, 2014 — PPG Industries Inc., Alexander, Arkansas, is being awarded a $8,931,277 modification under a previously awarded indefinite-delivery/indefinite-quantity contract (N00033-14-D-8010) with firm-fixed-price delivery orders to exercise a one-year option for

Langh Ship to have new MD

NOVEMBER 19, 2014 — Finnish family owned shipping company Oy Langh Ship Ab will get a new managing director at the turn of the year, when the current managing director, Hans Langh,

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