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MARAD recycles old ships into academy funding

JANUARY 29, 2014 — The U.S. Maritime Administration today announced that America’s six state maritime academies – California Maritime Academy, Great Lakes Maritime Academy, Maine Maritime Academy, Massachusetts Maritime Academy, SUNY Maritime

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Heidmar rethinks CEO appointment

JANUARY 29, 2014 — Last week the Board of Directors of Norwalk, CT, headquartered tanker operator Heidmar said it had appointed Hans van der Zijde as the company’s new Chief Executive Officer.

Farstad OCVs to be Rolls-Royce DP3 equipped

JANUARY 29, 2014 — Rolls-Royce has signed a contract with shipbuilding group Vard that will see its latest DP3 dynamic positioning system installed on two new offshore construction vessels on order for

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Crowley opens new Guatemala City office

JANUARY 29, 2014 — Crowley Maritime Corp.’s Guatemala-based liner and logistics teams have moved into a new office space in the heart of Guatemala City, the country’s bustling metropolis and most populous

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Wärtsilä to ax 1,000 jobs

JANUARY 29, 2014 — Björn Rosengren, President & CEO of Wärtsilä, had a “first the good news, then the bad” message today. The bad news first: Wärtsilä will shed 1,000 jobs —

Nam Cheong books orders worth $70 million

JANUARY 28, 2014 — Malaysian shipbuilder Nam Cheong Limited has booked orders worth $70 million from repeat customer, Aberdeen, Scotland, based Sentinel Marine. They cover four Emergency Response and Rescue Vessels (ERRV)