Wärtsilä to ax 1,000 jobs
JANUARY 29, 2014 — Björn Rosengren, President & CEO of Wärtsilä, had a “first the good news, then the bad” message today. The bad news first: Wärtsilä will shed 1,000 jobs —
Frank to chair Costa, collects $7.5 million from Carnival
JANUARY 28, 2014 — Carnival Corporation & plc (NYSE/LSE:CCL) today announced that former COO Howard Frank has been named Chairman of its Costa Crociere S.p.A subsidiary. In this role, Mr. Frank will
Gladding-Hearn delivers pilot boat for Colombia
JANUARY 28, 2014—It’s rare that a U.S. shipyard builds for export, but that is just what Gladding-Hearn Shipbuilding, Duclos Corporation is doing. The Somerset, MA, shipyard recently delivered the first of six
Nam Cheong books orders worth $70 million
JANUARY 28, 2014 — Malaysian shipbuilder Nam Cheong Limited has booked orders worth $70 million from repeat customer, Aberdeen, Scotland, based Sentinel Marine. They cover four Emergency Response and Rescue Vessels (ERRV)
Wärtsilä to supply power modules for Kraken FPSO
JANUARY 28, 2014 — Bumi Armada subsidiary Armada Kraken has awarded Wärtsilä an EPC (engineering, procurement and construction) contract to supply a 62 MW topside power module solution for a Floating Production,
StormGeo acquires routing specialist AWT
JANUARY 28, 2014 — Sunnyvale, CA, headquartered ship routing specialist Applied Weather Technology, Inc. (AWT) is being acquired by Norwegian based StormGeo A/S, which is 54.9% owned by private equity investor Reiten
DNV GL looks at future marine fuel mix
JANUARY 28, 2014 — DNV GL has released a position paper that looks at what alternative fuels ships will be burning between now and 2050. And while LNG is expected to be
Matthew J. Thomas joins Blank Rome
JANUARY 27, 2014 — Matthew J. Thomas has joined the Washington, D.C. office of law firm Blank Rome as a partner in the maritime, international trade, and public contracts group. Mr. Thomas
Island Offshore orders “game changer” at Kawasaki Heavy
JANUARY 27, 2014 — Island Offshore, in which the Chouest and Ulstein families are partners, announced today that it has signed a contract with Japanese shipbuilder Kawasaki Heavy Industries for the construction
ASL Marine to buy MEO Batam shipyard
JANUARY 27, 2014 — Singapore’s ASL Marine Holdings and Miclyn Express Offshore (MEO) — along with their respective Indonesian shipbuilding subsidiaries – have reached an agreement that will see ASL acquire MEO’s