NOVEMBER 7, 2014 — Teekay Offshore’s wholly-owned subsidiary ALP Maritime Services B.V. (ALP) has agreed to acquire six modern on-the-water long-distance towing and anchor handling vessels for approximately $220 million. The vessels
NOVEMBER 7, 2014 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division this week authenticated the keel of the sixth U.S. Coast Guard National Security Cutter, Munro (WMSL 755) in a ceremony at
NOVEMBER 7, 2014 — Spay, Germany, headquartered marine propulsion specialist Schottel has created a new subsidiary to handle its hydrokinetic energy business, Schottel Hydro GmbH. The new company will be active in
NOVEMBER 7, 2014 — Maersk Line, Limited, has paid the U.S. $8.7 million as the result of a civil settlement regarding the U.S.-flag operator’s failure to fully comply with certain terms of
NOVEMBER 6, 2014 — The Royal Moroccan Navy’s Damen-built frigate Tarik Ben Ziyad has returned to the Damen Shipyards Group for its first routine drydocking after three years of operation. The SIGMA
NOVEMBER 6, 2014—Undersea miner Nautilus Minerals Inc. (TSX:NUS, OTCQX: NUSMF) will charter a vessel to be first deployed for use at the Solwara 1 Project in the territorial waters of Papua New
NOVEMBER 6, 2014 — Leading freight transport insurer TT Club says that contamination accounts for nearly half of all claims relating to tank container incidents, with damage to tanks adding another third
NOVEMBER 6, 2014 — Hamburg, Germany, headquartered Becker Marine Systems has its opened a U.S. office in Houston to better serve the North American market and has appointed Mike Pevey as Director
NOVEMBER 6, 2014 — Copenhagen, Denmark, headquartered OW Bunker, which raised around $980 million in an IPO back in April, said today “that it must be assumed the group’s equity is lost.”
NOVEMBER 5, 2014 — Cummins Inc. (NYSE: CMI) has announce the availability of its QSK50 marine engine with a 2,183 hp at 1800 RPM QSK50 rating optimized specifically for variable speed diesel
