HII gets another $25.6 million for CVN 78 work

AUGUST 6, 2014 — Huntington Ingalls Inc., Newport News, Virginia, is being awarded a $25,648,075 modification to a previously awarded contract (N00024-08-C-2110) for the detailed design and construction efforts to support the

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Hatz Diesel showcases marine line-up at SMM

AUGUST 6, 2014 — Ruhstorf, Germany, based Hatz Diesel will use next month’s SMM event to showcase its marine product line-up. Hatz is a leading manufacturer of industrial diesel engines in the

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OSG exits Chapter 11

AUGUST 6, 2014 — Tanker giant Overseas Shipholding Group, Inc. yesterday said that it had emerged from Chapter 11 bankruptcy as a newly reorganized company “with a strong balance sheet, focused strategy

Mermaid Marine takes delivery of AHTS from Jaya yard

AUGUST 6, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia  (MMA) has taken delivery of the new state-of-the-art anchor handling tug supply (AHTS) Jaya Majestic. Built at Jaya’s Tuas, Singapore, shipyard,

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NVOCCs get a high-tech boost

AUGUST 5, 2014 — “It used to be all the NVOCC needed was a telephone and a tariff,” says one long time shipping industry observer, “but no more.” Though NVOCCs may be