Tidewater results beat the Street
NOVEMBER 4, 2014 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported second quarter net earnings for the period ended September 30, 2014, of $60.9 million, or $1.22 per common share, on revenues
NSC 4 sails away from Ingalls
NOVEMBER 3, 2014 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division’s fourth National Security Cutter, Hamilton (WMSL 753), sailed away from the shipyard on Saturday afternoon. The ship will be commissioned on
Hawaii ocean energy project makes progress
NOVEMBER 3, 2014 — Makai Ocean Engineering, Inc. reports that its Ocean Energy Research Center (OERC) in Kona, Hawaii, has received two new heat exchangers (2-megawatt thermal duty each), and a 100
CIT finances LR1 product tanker acquisitions
NOVEMBER 3, 2014 — CIT Group Inc. (NYSE: CIT) reports that CIT Maritime Finance has provided $64 million in senior secured credit facilities to Tanker Solutions III, LLC, a joint venture between
ME-GI engines for new LNG-fueled PCTCs
NOVEMBER 3, 2014 — MAN Diesel & Turbo says that a single MAN B&W 8S50ME-GI dual-fuel engine will power each of the two LNG fueled PCTC (Pure Car Truck Carriers) ordered earlier
Bridge hits ship
NOVEMBER 3, 2014 — Usually it’s the other way round. But the National Transportation Safety Board has issued a report on an accident in which a bridge hit a ship — and
Cruise ship out of service after striking unknown object
NOVEMBER 3, 2014 — Celebration Cruise Line says that its one ship, Bahamas Celebration, is in dry dock and there will be no sailings for the first two weeks in November, after
Vigor christens largest floating drydock in North America
NOVEMBER 1, 2014—Over a thousand attendees were on hand at Vigor Industrial’s Portland, OR, shipyard for the christening of Vigorous, the largest floating drydock in North America. The 24,000-long ton Vigorous has
CSAV christens its biggest containerships yet
NOVEMBER 1, 2014—The first two of seven 9,300 TEU containerships for Compañía Sudamericana de Vapores (CSAV) were recently christened at Samsung Heavy Industries (SHI) in Geoje, South Korea. The ceremony was attended
Estonia orders four LNG-ready ferries
OCTOBER 31, 2014 — Estonian state-owned ports corporation Tallinna Sadam has placed orders for four ferries that two subsidiary companies will operate between the Estonian mainland and the islands of Saaremaa and