AUGUST 14, 2014 — Aker Philadelphia Shipyard ASA says it “has decided to investigate various possibilities for debt financing in the international capital markets as additional financing sources for up to $100
AUGUST 13, 2014 — Huntington Ingalls Industries (NYSE:HII) reports that its AMSEC LLC subsidiary has been awarded two contracts in support of the United States Navy. Naval Sea Systems Command in Washington,
AUGUST 13, 2014 — After a brutal winter that has depressed industry year to date tonnage totals, U.S.-flag Great Lakes freighters moved 11,365,550 tons of cargo in July, their highest monthly total
AUGUST 13, 2014 — Western Marine Shipyard, Bangladesh, has kicked off construction of a 55 m offshore patrol vessel worth $20 million with a keel laying ceremony presided over by Shipping Minister
AUGUST 13, 2014 — Coast Guard Sector New Orleans is investigating a multiple vessel collision on the Mississippi River, near the Gretna ferry landing, early Wednesday. Watchstanders received a report, late Tuesday
AUGUST 12, 2014 — BAE Systems reports that it has been been awarded a £348 million (about $584 million) contract by the U.K. Ministry of Defence to construct three new Offshore Patrol
AUGUST 12, 2014 — Last week’s news from Overseas Shipholding Group, Inc. (OTC:OSGIQ) was that it had emerged from Chapter 11 bankruptcy. This week’s is that President and CEO Captain Robert Johnston
AUGUST 10, 2014 — Japan’s National Maritime Research Institute (NMRI) reports that Imabari Shipbuilding’s Saijo Shipyard has launched a 206,6000 dwt bulk carrier for Mitsui O.S.K. Lines whose hull contains 3,000 tons
AUGUST 8, 2014 — Private equity firm J.F. Lehman & Company reports that affiliates of its portfolio company USJ-IMECO Holding Company, LLC have acquired Montreal, Quebec, based Joiner Systems, Inc. Joiner Systems
AUGUST 8, 2014 — Thordon Bearings, Inc. says that water lubricated Thordon composite cutterhead shaft bearings have performed well for nine years on one of the largest cutter suction dredges in the