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Oaktree Capital acquires Zodiac MILPRO

FEBRUARY 6, 2013 — Oaktree Capital has taken 100 percent ownership of Zodiac MILPRO (Military and Professional) Group, which is now completely separate from the recreational activities that were divested by parent

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Ultra long stroke MAN B&W engine passes shop test

FEBRUARY 6, 2013 — The world’s first MAN B&W 7G80ME-C9.2 ultra long stroke engine passed its official shop test last month at Korea’s HHI-EMD, the engine and machinery division of Hyundai Heavy

Smit awarded contract for grounded minesweeper

FEBRUARY 5, 2013 — Smit Salvage, Singapore, was awarded on Feb. 1, 2013, a $24,889,904 delivery order against previously awarded indefinite-delivery/indefinite-quantity, cost-plus-award-fee contract (N00024-12-D-4120) to provide support for emergency response and recovery

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HII sees energy infrastructure as market for Avondale

FEBRUARY 5, 2013 — The “save our shipyard” campaign may yet succeed in seeing employment continuing at what Huntington Ingalls Industries (NYSE:HII) now refers to simply as its Avondale subsidiary (with the

WSF partners with DNV to explore LNG fueling

FEBRUARY 5, 2013 — For the Washington State Department of Transportation it boils down to the bottom line. “Washington State Ferries burns more than 17 million gallons of ultra-low sulfur diesel each

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Senator Rob Portman cosponsors Harbor Maintenance Act

FEBRUARY 5, 2013 — U.S. Senator Rob Portman (R-OH) has cosponsored the Harbor Maintenance Act, bipartisan legislation introduced by Senators Johnny Isakson (R-GA) and Carl Levin (D-MI) to help ensure that funds