Baltic Trading to raise $55 million
SEPTEMBER 20, 2013 — Peter Georgiopoulos’s Baltic Trading Limited (NYSE: BALT) today announced the pricing of its current public offering of common stock. Baltic Trading agreed to sell 12,000,000 shares of common
ABB secures $25 million order from Nordic Yards
SEPTEMBER 20, 2013 — ABB has won an order worth around $25 million to supply its Azipod marine propulsion system and complete electric power plants for two new rescue and salvage icebreakers
AMP names Pete King as Champion of Maritime
SEPTEMBER 19, 2013 — The American Maritime Partnership (AMP), a group representing the domestic maritime industry in New York and across the United States, has honored Rep. Peter King (R-N.Y.) with its
Navy commander, NCIS agent charged in bribery case
SEPTEMBER 19, 2013 — Here’s one that could be ripped from the script of a TV series, maybe even CBS’s NCIS? Navy photo from 2010 shows Cmdr. Michael V. Misiewicz being
GD makes leadership changes at shipyards
SEPTEMBER 19, 2013 — General Dynamics (NYSE: GD) says that Jeffrey S. Geiger, president of General Dynamics Bath Iron Works, will become president of General Dynamics Electric Boat effective November 4, 2013,
MTU Series 8000 gets ABS NVR certification
SEPTEMBER 19, 2013 — Tognum America Inc. reports that the MTU Series 8000 engine was recently awarded Naval Vessel Rules (NVR) certification by ABS. The MTU Series 8000 marine engine has recently
Braemar warns continuing problem with cat fines
SEPTEMBER 19, 2013 — Paul Hill (left), Braemar SA’s Chief Surveyor for Western Europe, says ship operators will have to take responsibility for reducing the incidence of insurance claims for excessive main
Crowley ocean class tugs deliver giant TLP
SEPTEMBER 19, 2013 — Crowley Maritime Corp. reports that all four of its ocean class tugboats, the Ocean Wind, Ocean Wave, Ocean Sky and Ocean Sun, recently completed the successful delivery of
Harvey Deep-Sea gets GoM gigs
SEPTEMBER 18, 2013 — DOF Subsea Group reports that it has recently been awarded multiple subsea projects for the chartered in vessel Harvey Deep-Sea in the Gulf of Mexico. DOF Subsea signed
Texas appellate court rules in TMT’s favor
SEPTEMBER 18, 2013 — Nobu Su’s Taiwan headquartered TMT said today that an appellate court in Houston, Texas, has rejected an attempt by Taiwanese banks to revisit the bankruptcy court’s ruling that