Scorpio Tankers gets into LPG sector

JULY 3, 2012 — “We are excited about our entry into LPG which we have long considered an extension of the product market,” said Scorpio Tankers Inc. (NYSE: STNG) CEO and chairman

Bergen to sell a chunk of its shipbuilding business

JULY 2, 2013 — Norway’s Bergen Group looks to be set to sell off a chunk of its shipyard business. It says it “is now in the final phase of clarifying a

Tougher Australian maritime laws take effect

JULY 2, 2013 — Australia yesterday replaced century-old maritime laws with new requirements for commercial seafarers and vessels as the Navigation Act 2012 and Marine Safety (Domestic Commercial Vessel) Law Act 2012

Excel Maritime files for Chapter 11

JULY 2, 2013 — Athens headquartered bulker operator Excel Maritime Carriers Ltd. has now gone ahead with the Chapter 11 bankruptcy filing that it said it planned in a form 6K filed

New system allows permanent underwater propeller repairs

JULY 2, 2013 — Hydrex says that its R&D department has now developed a repair system that allows permanent underwater repairs be made to every type of propeller in dry conditions. All

IMO to trim subcommittees

JULY 2, 2013 — IMO’s Maritime Safety Committee (MSC)  and  Marine Environment Protection Committee (MEPC) have agreed to a restructuring of IMO’s Sub-Committees that will see the number of Sub-Committees trimmed from

Bergen Engines now a unit of Tognum AG

JULY 1, 2013 — Norwegian engine manufacturer Bergen Engines AS today became part of the Tognum Group. Bergen Engines was formerly a Rolls-Royce subsidiary and the switch to the new ownership follows

Caterpillar to acquire Berg

JULY 1, 2013 — Caterpillar Inc. (NYSE: CAT) will soon sell not only engines and generators but will also offer complete marine propulsion package systems. It has signed a definitive agreement to

Leevac acquires Tidewater’s Quality Shipyards

JULY 1, 2013 —  Leevac Shipyards, LLC through its newly created subsidiary Leevac Shipyards Houma, LLC, has completed the acquisition of substantially all assets of Quality Shipyards, Inc., located at 3201 Earhart

MHI Nagasaki Shipyard lays keel for AIDA cruise ship

JULY 1, 2013 — Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) reports that its Nagasaki Shipyard & Machinery Works has laid the keel of the first of two new generation cruise ships for

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