Navy awards LCS contracts worth $1.3 billion

MARCH 11, 2014 — Though there may be questions about how many littoral combat ships the Navy ultimately acquires, the FY 2014 program is rolling right along. The Pentagon yesterday awarded contracts

Rolls-Royce to take Daimler stake in MTU parent

MARCH 10, 2014 — Rolls-Royce is to acquire Daimler AG’s 50% shareholding in Rolls-Royce Power Systems (RRPS). The company, whose brands include MTU, previously operated as Tognum AG and is headquartered in

UASC adds 17th LNG-ready box ship to HHI order

MARCH 10, 2014 — Dubai headquartered United Arab Shipping Company (UASC) has exercised a final option at South Korea’s Hyundai Heavy Industries, adding an additional 18,000 TEU containership to eleven 14,000 TEU

Former Sea Star VP to collect $512,719 whistleblower award

MARCH 7, 2014 — Sea Star Line’s former VP of Sales, William Stallings, is to collect a $512,719 whistleblower award after Sea Star Line LLC and Horizon Lines LLC agreed a civil

Wind farm support cats to have Rolls-Royce water jets

MARCH 7, 2014 — Rolls-Royce has secured a contract to supply water jets for three wind farm support vessels to be built by South Boats IOW, Cowes, Isle of Wight, U.K., for

Jones Act tanker to be converted to shuttle in Poland

MARCH 7, 2014 — Overseas Tampa, one of the Veteran Class Jones Act products tankers built by Aker Philadelphia Shipyard for operation by OSG, looks to be headed to Poland for conversion

German shipowner opts for DNV GL software

MARCH 6, 2014 — Bremen, Germany, headquartered shipowner Harren & Partner will implement the DNV GL business intelligence software systems ShipManager Analyzer and ShipManager QHSE for its entire fleet of 52 vessels,

Paragon orders Kamsarmax trio

MARCH 6, 2014 —Athens headquartered Paragon Shipping Inc. (NASDAQ: PRGN) says it has signed shipbuilding contracts for three eco-design 81,800 Kamsarmax dry bulk carriers. They will be built at China’s Jiangsu Yangzijiang

Administration seeks $658 million for Marad

MARCH 5, 2014 — There’s nothing much to cheer in the Administration’s FY 2015 budget request of $658 million for the U.S. Maritime Administration. The budget requests $148 million to support the

Huntington Ingalls gets $1.3 billion more for CVN 79

MARCH 5, 2014 —  Huntington Ingalls Inc., Newport News, VA, is being awarded a $1,294,817,351 modification to previously awarded contract (N00024-09-C-2116) to continue construction preparation efforts and provide the ability to procure

LOAD MORE