JULY 16, 2014—No more Acting for Paul “Chip” Jaenichen. The Senate yesterday confirmed him as U.S. Maritime Administrator. Administrator Jaenichen, who joined MARAD in July 2012 when he was appointed Deputy Maritime
JULY 15, 2014 — Wärtsilä has signed technical management agreements with four Greek owners of liquefied natural gas (LNG) ships, Maran Gas Maritime Inc, Dynagas Ltd, TMS Cardiff Gas Ltd and Thenamaris
JULY 15, 2014 — ClassNK has acquired Victoria, B.C., Canada-based maritime software company Helm Operations, a leading provider of manning, maintenance, dispatch, and HSQE software to the workboat and offshore industries. Helm
JULY 14, 2014 — Norwegian Cruise Line (NASDAQ: NCLH) announced today that it has reached an agreement with shipbuilder Meyer Werft GmbH of Germany to build two new Breakaway-Plus class cruise ships
JULY 14, 2014 — German Chancellor Dr. Angela Merkel has had a busy weekend. Before flying to Brazil to see Germany win the FIFA World Cup on Sunday, she was in Rostock-Warnemünde
JULY 11, 2014 —Cargotec’s MacGregor unit has won an order from Bumi Armada Berhad, Malaysia, to supply a Pusnes offloading system for the Kraken floating production storage and offloading (FPSO) conversion project.
JULY 11, 2014 — Signature Bank (Nasdaq: SBNY), a New York-based full service commercial bank, says that its specialty finance subsidiary, Signature Financial LLC, will begin offering direct finance services for the
JULY 11, 2014 — Fairbanks Morse Engine, Beloit, WI, has named Rhett Merriman sales manager for marine power systems. Mr. Merriman, a veteran Fairbanks Morse manager, brings a wealth of knowledge and
JULY 11, 2014 — Cherbourg, France, shipbuilder CMN (Constructions Mécaniques de Normandie) has now delivered the first five in a series of 24 longline trawlers ordered by Mozambique. The 23.50 m long
JULY 10, 2014 — Rolls-Royce has signed a £7 million contract to design and equip a stern trawler for the Norwegian fishing company Prestfjord Havfiske AS. The trawler is a Rolls-Royce NVC