Damen reports net loss for 2018

Damen Shipyards Group posted a net loss of EUR 17 million (about $19 million) for 2018. This is the first time in 15 years that the Dutch shipbuilder has announced losses. Damen

Jeff Stephens joins Heartland Barge

Jeffery Stephens has joined Columbia, Ill., headquartered Heartland Barge Management as Manager of Equipment Sales and Leasing for the Gulf Coast and International markets. Stephens is bilingual in Spanish and has 40

WinGD books strong first quarter orders

As the IMO 2020 sulfur cap nears, Winterthur Gas & Diesel (WinGD) reports a very strong first quarter order intake for its low pressure, dual fuel engines. In addition to benefiting from

Guilty plea in Austal USA fraud case

D’Amico to pay $4 million fine for polluting and lying

D’Amico Shipping Italia S.p.A. yesterday admitted discharging oily waste and other pollutants into the sea and then lying about it, according to U.S. Attorney for the District of New Craig Carpenito and

USS Fitzgerald is out of dry dock

Naval Sea Systems Command reports that the guided-missile destroyer USS Fitzgerald (DDG 62) has taken another step toward returning to the fleet as a fully ready, combat-capable ship. The ship achieved a

Traffic up at Port of Little Rock

The Little Rock Port Authority and its stevedore, Logistics Services Inc. (LSI), announced April 17 that together, they worked 52 barges and handled just under 79,000 net tons across the port’s docks

Derecktor gets go ahead for Fort Pierce megayacht shipyard

Family owned Derecktor Shipyards yesterday signed a long-term agreement with St. Lucie County, Fla., for the development and operation of a megayacht maintenance, repair and refit facility at the Port of Fort

Iridium moves closer to becoming GMDSS provider

Satellite communications provider Iridium Communications Inc. (NASDAQ: IRDM) is now significantly closer to providing GMDSS (Global Maritime Distress and Safety System) services. It has signed a Public Services Agreement (PSA) with the

Innovative designs from CMHI get DNV GL approval

Two new designs from China Merchants Heavy Industry (CMHI) — an arctic single column drilling unit and a wind turbine shuttle — have just received Approval in Principle (AiP) from classification society

USCG responds to sunken towing vessel

The Coast Guard was responding to a sunken towing vessel in Pass a Loutre near Venice, La., Monday. Coast Guard Sector New Orleans watchstanders received a report at 2 a.m. that the

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