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ABS releases new DP systems guide

JANUARY 25, 2013 — ABS has released the ABS Guide for Dynamic Positioning Systems as a significant update to present classification requirements to reflect industry advances in the use of dynamic positioning

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Norwegian Cruise Line IPO raises $477.6 million

JANUARY 25, 2013 — Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) yesterday announced the closing of its  initial public offering of 27,058,824 of its ordinary shares at a price of $19.00 per share.

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Austal partners with Sembawang on LCS, JHSV support

JANUARY 25, 2013 — Austal is partnering with Singapore’s Sembawang Shipyard Pte. Ltd. to provide support specifically tailored to the U.S. Navy’s fleet of Littoral Combat Ships (LCS) and Joint High Speed

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Liberty Maritime files suit against MARAD

JANUARY 24, 2013 — Philip Shapiro’s Liberty Maritime Corporation and several other Liberty companies yesterday filed a civil action in the U.S. District Court for the Eastern District of New York against