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Fredriksen swoops on Flex LNG

OCTOBER 24, 2014 — Billionaire John Fredriksen is poised to add Flex LNG to his empire. Geveran Trading Co Ltd, which is indirectly controlled by trusts established by John Fredriksen for the

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DNV GL approves design of new steerable thruster

OCTOBER 24, 2014 — Classification society DNV-GL has approved the design of the Wärtsilä WST-14 thruster, indicating that the design fully complies with classification rules. This is an exceptional case since the

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John Deere expands Marine Tier 3 engine lineup

OCTOBER 23, 2013 — John Deere Power Systems (JDPS) has introduced new propulsion ratings to its EPA Marine Tier 3 engine offerings. The new PowerTech 4045TFM85 propulsion ratings expand the John Deere

Eastern Shipbuilding adds three more

OCTOBER 23, 2014 — Eastern Shipbuilding Group, Inc., Panama City, FL, has added three more vessels to its orderbook. In August, Suderman & Young Towing Company and Bay Houston Towing Company each

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Cargotec: MacGregor to be reorganized into divisions

OCTOBER 23, 2014 — Cargotec’s MacGregor business is being reorganized into seven divisions that will become effective January 1, 2015. Cargotec says that the six new operative divisions, along with Global Lifecycle