GE unveils GE Marine organization
JANUARY 29, 2015 — GE (NYSE: GE) has unveiled its new GE Marine organization. Led by Tim Schweikert, VP, GE Marine, the new organization brings together GE’s commercial and technological expertise in
Faked BOP test chart could bring five year prison term
JANUARY 29, 2015 — The U.S. Attorney’s Office for the Eastern District of Louisiana reports that Race Addington, 49, of Houston, Texas, was charged January 26 in a two-count Bill of Information
Maintenance deficiencies eyed in ferry grounding
JANUARY 29, 2015 — The Transportation Safety Board of Canada (TSB) finds that maintenance deficiencies and lack of adequate emergency procedures led to the November 7, 2013 loss of electrical power and
MHI to build “apple tank” LNG duo for Cameron shale exports
JANUARY 29, 2015 — Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two next-generation 177,000 cu.m. LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd. The order was booked
Kirby beats Street expectations
JANUARY 29, 2015 — Houston-headquartered tank barge operator Kirby Corporation (NYSE: KEX) yesterday announced record net earnings for the quarter ended December 31, 2014 of $68.1 million, or $1.19 per share, compared
Euronav U.S. IPO raises $229 million
JANUARY 29, 2015 — Antwerp, Belgium, headquartered tanker giant Euronav NV yesterday raised gross proceeds of $229 million its U.S. initial public offering of 18,699,000 common shares at $12.25. The company’s shares
Rob Hogan to be Newport News VP manufacturing
JANUARY 28, 20015 — Huntington Ingalls Industries (NYSE:HII) reports that Rob Hogan has been appointed vice president of manufacturing at the company’s Newport News Shipbuilding division. Mr. Hogan began his career in
Evergreen adds more 18,000 TEU box ships
JANUARY 28, 20015 — As the trend to ever larger containerships continues, with TEU capacities that would recently have been record setting now becoming the norm, Evergreen Group today signed time charter
Chevron expands deepwater U.S. GoM exploration plans
JANUARY 28, 20015 — Chevron Corporation (NYSE: CVX) reports that subsidiary, Chevron U.S.A. Inc., will work with BP Exploration and Production Inc. and ConocoPhillips Company to explore and appraise 24 jointly-held offshore
Vroon takes delivery of ERRV-FSV
JANUARY 28, 20015 — Vroon today took delivery of VOS Glory at Fujian Shipbuilding Trading in Fuzhou, China. The vessel will now be heading for the North Sea, where she will be