Red ink quarter for International Shipholding
APRIL 15, 2014 — International Shipholding Corporation (NYSE:ISH) expects to report a first quarter net loss, before preferred dividends, in the range of $3.3 million to $3.7 million. It says this is
APRIL 15, 2014 — International Shipholding Corporation (NYSE:ISH) expects to report a first quarter net loss, before preferred dividends, in the range of $3.3 million to $3.7 million. It says this is
APRIL 15, 2014 — Sweden looks to be on its way to be regaining domestic control of its submarine building industry — fifteen years after selling its national submarine-maker Kockums to Germany’s
APRIL 15, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $95.2 million senior secured credit facility to Heron Ventures, a joint venture between Oceanbulk Shipping and ABY
APRIL 14, 2014 — The entry of private equity funding into the ship finance market is helping to sustain the continued growth of the Liberian Registry. “Owners are ordering ships again, and
APRIL 13, 2014 — Huntington Ingalls Industries (NYSE:HII) reports that it will conduct a study with pipeline giant Kinder Morgan Energy Partners, L.P. (NYSE:KMP) to explore redeveloping Huntington Ingalls Industries’ Avondale shipyard
APRIL 11, 2014 — A new type of icebreaker that uses its asymmetric hull to break ice side ways was demonstrated this week at Finland’s Arctech Helsinki Shipyard. The icebreaking multipurpose emergency
APRIL 11, 2014 — Hoffer Flow Controls, Inc., Elizabeth City, NC, has received a new contract from the U. S. Navy’s Naval Sea Systems Command (NAVSEA) to supply fuel flow measurement systems
APRIL 11, 2014 – The American Maritime Congress (AMC) has appointed James E. Caponiti as President. Mr. Caponiti joined AMC as Executive Director in October 2011 after more than 38 years service
APRIL 10, 2014 — Singapore’s Triyards Holdings Limited has booked a net attributable profit (PATMI) of US$7.8 million for the second quarter ended February 28, 2014 (2QFY14), an increase of 9% year-on-year.
APRIL 10, 2014 — Trelleborg’s marine systems operation has opened a new sales and business development office in Houston. With growth in the region a strategic priority, Trelleborg Marine Systems’ U.S. president,