Tug launched for Suderman & Young at Eastern

JANUARY 22, 2016—The 5,150 hp Neptune, the second in a series of four Z-Tech 2400 class escort tugs for Suderman & Young, was recently launched at the Nelson Street facility of the Eastern Shipbuilding Group,

Farstad sells another PSV at a loss

JANUARY 22, 2016 — Norway’s Farstad Shipping ASA is booking another loss on the sale of a platform supply vessel. On January 15, it reported the sale of the PSV Far Scandia,

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MHI-MME Hybrid Turbocharger wins award

JANUARY 22, 2016 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) reports that its Hybrid Turbocharger has received the prestigious President’s Award for 2015 in the 36th Energy-Efficient Machinery

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New DNV GL notations on water-lubed tail shaft bearings

JANUARY 22, 2016 — Two new tail shaft monitoring class notations from DNV GL offer shipowners and operators the possibility of unlimited intervals between tail shaft withdrawal surveys for water-lubricated systems. With

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USCG icebreaker Polar Star gets new CCTV system

JANUARY 21, 2016 —Kongsberg Maritime has delivered a complete new CCTV system to the U.S. Coastguard for its Heavy Ice Breaker vessel Polar Star (WAGB-10). The delivery follows a successful CCTV System

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Norden takes a hit on bulkers

JANUARY 21, 2016 — Copenhagen headquartered DS Norden AS is writing down the value of its dry cargo fleet and making a provision, with no cash flow effect, of $340 million. The