Sembcorp Marine profits inch up
FEBRUARY 24, 2014 — Singapore’s Sembcorp Marine recorded a full year net profit of Singapore $556 million in 2013, 3% higher than the previous year’s S$538 million. On a quarterly basis, 4Q
FEBRUARY 24, 2014 — Singapore’s Sembcorp Marine recorded a full year net profit of Singapore $556 million in 2013, 3% higher than the previous year’s S$538 million. On a quarterly basis, 4Q
FEBRUARY 24, 2014 — South Korea’s Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, has won orders for eight gas tankers worth a total $640 million from two Asian shipowners.
FEBRUARY 23, 2014 — IHC Merwede’s Krimpen aan den IJssel, Netherlands, shipyard has launched the second in a series of five sophisticated pipelayers in a ceremony in which it was named Sapura
FEBRUARY 23, 2014 — European river cruise specialist CroisiEurope is to start offering cruises on France’s longest river, the Loire, and has ordered three specially designed 295 ft x 49 ft paddle
FEBRUARY 21, 2014 — OSI Maritime Systems Ltd. (OSI), Burnaby, BC, has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal
FEBRUARY 20, 2014 — Law firm Blank Rome has issued an advisory on U.S. Coast Guard marine casualty reporting guidance and proposed reporting enhancements offshore. The advisory notes that the Coast Guard
FEBRUARY 20, 2014 — Panama’s TVN-2 news channel today pictured workers returning to work on the Panama Canal expansion project after a dispute between the Panama Canal Authority (ACP) and contractor Grupo
FEBRUARY 20, 2014 — Cummins Inc. (NYSE: CMI) has named Jim Schacht as General Manager for its Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Mr. Schacht will
FEBRUARY 20, 2014 — BAE Systems Land and Armaments L.P., Louisville, KY, has been awarded a $15,222,617 modification to a previously awarded contract (N00024-09-C-4137) to supply long lead time materials in support
FEBRUARY 19, 2014 — In an SEC filing, Peter C. Georgiopoulos-led dry bulk specialist Genco Shipping & Trading Limited disclosed that it did not make the scheduled semi-annual interest payment of approximately