Maersk delivers $1.5 billion third quarter profit
NOVEMBER 11, 2014 — In its third quarter report released today, A.P. Møller – Mærsk A/S says it delivered a profit of $1.5 billion ($1.2 billion) and a return on invested capital
Northrop Grumman names Leavitt VP Maritime Systems
NOVEMBER 11, 2014 — Northrop Grumman Corporation (NYSE: NOC) has named Todd Leavitt, vice president of its Maritime Systems business unit. In his new position, Mr. Leavitt will have executive responsibility for
OW Bunker collapse: “minimal” impact on Singapore
NOVEMBER 11, 2014 — The Maritime and Port Authority of Singapore (MPA) says it has assessed that there will be minimal disruption to bunker supply in the Port of Singapore as a
Sewol ferry captain gets 36 year prison sentence
NOVEMBER 11, 2014 — Lee Joon-seok, 68, the captain of the Sewol ferry, was yesterday sentenced to 36 years in prison for abandoning ship in the April 16 sinking off Jindo, South
NASSCO floats out first AFSB variant of MLP
NOVEMBER 10, 2014 — The Navy’s third Mobile Landing Platform (MLP), the 785 ft Lewis B. Puller, last week successfully completed launch and float-off at the General Dynamics National Steel and Shipbuilding
ABS grants AIP to Sevan FLNG
NOVEMBER 10, 2014 — ABS has granted Arendal, Norway, based Sevan Marine AS approval in principle (AIP) for its cylindrical floating LNG (FLNG) production unit concept for offshore production, storage and transfer
Two more get prison terms in MSC bribery case
NOVEMBER 10, 2014 — U.S. District Judge Rebecca Beach Smith of the Eastern District of Virginia imposed prison sentences Friday on a former contractor for the U.S. Navy Military Sealift Command (MSC)
Three honored with AOTOS awards
NOVEMBER 10, 2014 — This year’s United Seamen’s Service (USS) 2014 Admiral of the Ocean Sea Awards (AOTOS) were presented Friday to Stephen Cotton, General Secretary of the International Transport Workers’ Federation
Margaret Doyle named to key SGMF position
NOVEMBER 10, 2014 — The United State Maritime Research Center (USMRC), Middletown, RI, reports that its Vice President, Development and LNG Solutions, Margaret Kaigh Doyle, has been named the U.S. vice chairperson
Wärtsilä gets 54 engine order for Yamal LNG ships
NOVEMBER 10, 2014 — South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) has ordered a total of 54 Wärtsilä dual fuel engines to power icebreaking LNG carriers for the Yamal LNG project