Latest News
MAY 4, 2018 — Rolls-Royce has won an order to supply MTU engines for four new tugs for Aliança Navegação, a company owned by the Hamburg Süd shipping line. The company uses 16-cylinder MTU Series…
MAY 4, 2018 — Helsinki headquartered Grimaldi Group member Finnlines continues to increase its vessel capacity and has now signed an order for three ultra green RO/RO vessels. To be built in China's Jinling shipyard,…
MAY 4, 2018 — Stamford, CT, headquartered Dorian LPG Ltd. (NYSE: LPG) reports that it has entered into a memorandum of understanding with Hyundai Global Service Co., Ltd to undertake research and preliminary engineering studies…
MAY 4, 2018 — Wärtsilä reports that its acquisition of Transas (see earlier story) has now been finalized, effective today. The acquisition has a transaction value of EUR 210 million (about $251 million). Transas is…
MAY 4, 2018 — For years, Norway has been actively working through the International Maritime Organization (IMO) to limit greenhouse gas (GHG) emissions from international shipping and, at home, has pursued a similar policy. Norway…
MAY 3, 2018 — It was first the good news, then the bad, in regulatory filings today by South Korean shipbuilding giant Hyundai Heavy Industries Co. The good news: Yonhap news agency reports Hyundai Heavy…
MAY 3, 2018 — Bulk carrier owners are warned to pay extra attention to the basics in a new report issued by the Swedish Club. The mutual insurer has found that for bulk carrier operators,…
MAY 3, 2018 — The Navy is looking to buy a used and converted OSV to replace an existing Navy asset for AUTEC (Atlantic Undersea Test and Evaluation Center) in the Bahamas. AUTEC's current vessel,…
MAY 3, 2018 — Kirby Corporation (NYSE: KEX) today reported that it has signed an agreement to acquire Targa Resources Corp's (NYSE: TRGP) inland marine tank barge business for approximately $69.3 million in cash. The…
MAY 3, 2018 — U.K. and Netherlands based subsea services provider N-Sea has secured a contract estimated to be worth over EUR 6 million (about $7.2 million) with National Grid and Energinet to deliver an…
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