Møkster orders second wave-piercing PSV

APRIL 4, 2014 — Norway’s Simon Møkster Shipping has signed a contract with Spanish shipbuilder Astilleros Gondan. It covers the construction of a sister vessel to the Rolls-Royce UT-766 design wave-piercing platform

  • News

CIT Maritime helps Epic Gas grow fleet

APRIL 4, 2014 — CIT Maritime Finance has provided a $46.4 million senior secured credit facility to Epic Gas Ltd. Headquartered in Singapore, Epic Gas owns and operates a fleet of seaborne

  • News

Software tracks vessel fouling risk

APRIL 4, 2014 — International Paint Ltd, Felling, U.K., has developed Intertrac. It is claimed to be the shipping industry’s first, patented applied for software system that enables shipowners and operators to

  • News

Electric Boat gets another $11 million for NEMMI

APRIL 4, 2014 — General Dynamics, Electric Boat Corp., Groton, CT, is being awarded an $11,000,000 cost-plus-fixed-fee modification to the previously awarded contract (N00024-13-C-4308) to incrementally fund previously exercised options to provide

SSN 785 marks a construction milestone

APRIL 3, 2014 — The Virginia-class fast attack submarine John Warner (SSN 785) has reached the “pressure hull complete” construction milestone at Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding, signifying that all

  • News

FMC gives G6 a green light

APRIL 3, 2014 — The Federal Maritime Commission announced yesterday that it had concluded a comprehensive review of the proposed amendment to the G6 Alliance Agreement, FMC Agreement No. 012194-002 including the

  • News

Jeanne Usher named Sperry Marine MD

APRIL 3, 2014 — Northrop Grumman Corporation (NYSE:NOC) has named Jeanne Usher managing director of its New Malden, U.K., headquartered Sperry Marine business unit, She succeeds Alan Dix, who recently retired following