Conrad ups net and boosts backlog
AUGUST 14, 2012 — Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) today reported its second quarter and six months 2013 financial results and backlog at June 30,
CIT supports first vessel acquisition by Tanker Solutions
AUGUST 14, 2012 — CIT Group Inc. (NYSE: CIT) has supported the first vessel acquisition by Tanker Solution, a joint venture between funds managed by TPG Credit Management and Prime Tanker Management.
Eco-friendly catamaran ferry on way to New Zealand
AUGUST 14, 2012 — Queensland, Australia, shipbuilder Aluminium Marine has launched the 26 m catamaran ferry Spirit of Queenstown. The Incat Crowther designed ferry will operate on New Zealand’s Lake Wakatipu. The
Eco-friendly catamaran ferry on way to New Zealand
AUGUST 14, 2012 — Queensland, Australia, shipbuilder Aluminium Marine has launched the 26 m catamaran ferry Spirit of Queenstown. The Incat Crowther designed ferry will operate on New Zealand’s Lake Wakatipu. The
Jones market health helps American Shipping Company
AUGUST 14, 2012 — American Shipping Company ASA (Oslo: AMSC) had a net profit for Q2 of 2013 of $13.1 million versus $11.8 million in Q2 of 2012. The company was set
Class NK probe of MOL Comfort casualty continues
AUGUST 14, 2012 — A ClassNK Casualty Investigation Team led by Executive VP Toshitomo Matsui that is looking for the causes of the MOL Comfort casualty expects to consolidate its preliminary findings
Maitland, Ferris to present at Salvage Conference
AUGUST 14, 2013—The American Salvage Association (ASA) and Marine Log recently confirmed two new prominent luncheon speakers for the National Maritime Salvage Conference & Expo, which is scheduled for Sept. 9-12, 2013
Chinese shipyard to build Ulstein X-Bow PSVs
AUGUST 13, 2013 — China’s Xiamen ITG Shipbuilding Imp. & Exp. Co., Ltd. (ITG) and Nantong Rainbow Offshore & Engineering Equipments Co., Ltd. (ROC) have signed a strategic cooperation agreement and a
BAE Jacksonville gets $6.9 million mod for CG 69 job
AUGUST 13, 2013 — BAE Systems, Jacksonville, Fla., is being awarded a $6,995,080 modification to a previously awarded multi-ship, multi-option cost-plus incentive fee contract (N40024-10-C-4406) to provide for the availability of the
Swedish icebreaker tests new Arctic monitoring system
AUGUST 13, 2013 — The Arctic is one of the world’s most environmentally sensitive areas, while also being one of the most difficult to protect against accidents. The Swedish Maritime Administration is