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EC opens probe into French tonnage tax

NOVEMBER 6, 2013 — The European Commission has opened an in-depth investigation to examine whether changes to the French tax rules for maritime companies are in line with EU state aid rules.

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Beach renourishment feeds GLDD revenues

NOVEMBER 6, 2013 — Reporting reports financial results for the three and nine months ended September 30, 2013, Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) CEO Jonathan Berger said, “For the three

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RO/RO containership fire extinguished

NOVEMBER 5, 2013 — The Icelandic Coast Guard says that all fire aboard the 1982-built, 1,473 dwt, RO/RO containership Fernanda has now been extinguished. The news marks the end of a saga

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Tidewater reports second quarter earnings

NOVEMBER 5, 2013 — Offshore service vessel giant Tidewater Inc. (NYSE:TDW) announced second quarter net earnings for the period ended September 30, 2013, of $54.2 million, or $1.09 per common share, on

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KNMR rescue craft passes capsize tests

NOVEMBER 5, 2013 — The latest rescue vessel commissioned by the Royal Netherlands Sea Rescue Institution (Koninklijke Nederlandse Redding Maatschappij, “KNRM”) has passed one of its most important series of trials. Capsize

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$18.19 million contract for Electric Boat

NOVEMBER 4, 2013 — General Dynamics Electric Boat Corp., Groton, Conn., is being awarded an $18,195,519 cost-plus-fixed-fee modification to previously awarded contract (N00024-12-C-2100) for reactor plant planning yard services for nuclear-powered submarines

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Leadership changes at Carnival Corporation

NOVEMBER 4, 2013 — In a welter of leadership changes at Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) that all become effective December 1, 2013, Howard Frank (left) will be stepping