Rolls-Royce said yesterday that it had received orders worth over £100 million (about $161 million) to supply propulsion systems for offshore construction and drilling vessels.The ships will be built at shipyards in Asia for a…
Dimitrios Grifakis, 57, of Kallithea, Greece, was sentenced yesterday by U.S. District Judge Marvin J. Garbis to six months in prison, followed by two years of supervised release, for obstructing a Coast Guard inspection that…
Canada's troubled Davie Yards is set to get orders for two ferries, once a planned acquisition by a consortium of Fincantieri and DRS Canada is complete.The Government of Québec has announced that it will soon…
Tug and barge giant Kirby Corporation (NYSE:KEX) today confirmed and narrowed its 2011 second quarter earnings guidance to the $.72 to $.77 per share range compared with 2010 second quarter earnings of $.54 per share.…
Wärtsilä Corporation and Metso Corporation have signed an agreement to cooperate in developing and delivering exhaust gas scrubber systems for marine applications. Metso is to supply the scrubber units, while Wärtsilä is responsible for world-wide…
Ingalls Shipbuilding, a division of Huntington Ingalls Industries, Inc. (NYSE:HII), has been awarded a construction contract for the Arleigh Burke-class (DDG 51) destroyer DDG 113.The award amount is considered source selection-sensitive information as it represents…
Interspeed(R)5640, International Paint's, copper-free antifouling, has received U.S. Navy approval to MIL-PRF-24647 Type I Classes 1 & 2, Grades A & B, Applications 1 & 4. This approval follows many years of research dedicated to…
Drammen, Norway, headquartered OceanSaver says that its next generation ballast water treatment (BWT) system will reduce energy use by over 50 percent compared to its previous technology.   OceanSaver's on-going research and development initiatives have led…
In partnership with Fleetway, Inc., Denmark's Knud E. Hansen A/S  recently signed a contract with the Government of Newfoundland and Labrador in Canada for the basic design of a series of six ferries for operation…
Singapore's NOL Group today signed letters of intent to build 12 new containerships for its APL subsidiary. The ships, all to be built in South Korean shipyards, will include ten 14,000-TEU vessels to be constructed…