NOVEMBER 9, 2012 — Planned reductions in water releases from dams threaten to bring vessel commerce on the Mississippi River to a halt early next month. The American Waterways Operators (AWO) and
NOVEMBER 8, 2012 — The Lockheed Martin (NYSE: LMT)-led industry team has laid the keel for the U.S. Navy’s seventh Littoral Combat Ship (LCS), the future USS Detroit, in a ceremony at
NOVEMBER 8, 2012 — U.S. Attorney Thomas E. Delahanty II announced today that Casey James Fury, 24, formerly of Portsmouth, New Hampshire, waived indictment earlier today before U.S. District Judge George Z.
NOVEMBER 8, 2012 — New York Maritime Inc. (NYMAR) Chairman, Peter Shaerf of AMA Capital Partners, announced today that Clay Maitland will join him in heading the organization whose mission is to
NOVEMBER 8, 2012 — CMA CGM Group reports that the 16,000 TEU CMA CGM Marco Polo, the world’s largest containership, began its first voyage yesterday in Ningbo, China Built by DSME (Daewoo
NOVEMBER 8, 2012 — Naval shipbuilding giant Huntington Ingalls Industries (NYSE:HII) has declared the its first quarterly cash dividend. The $0.10 per share dividend will be payable on December 14, 2012, to
NOVEMBER 8, 2012 — Norway’s Rem Offshore ASA has placed a newbuilding contract with shipbuilder Kleven Verft AS for a 108 m x 22 m OSCV vessel of the MT6022 design. The
NOVEMBER 8, 2012 — Singapore shipowner Britoil Offshore Services Pte Ltd. is entering the PSV market. It has entered into a contract with Ulstein covering the design and equipment for two PX121
NOVEMBER 8, 2012 — Japan’s Mitsubishi Heavy Industries (MHI) has introduced a high performance propeller that it says can improve the propeller efficiency of containerships by 5 percent. This yields a potential
NOVEMBER 8, 2012 — Philippe Donche-Gay has been appointed Executive Vice-President in charge of the Marine & Offshore Division of classification society Bureau Veritas. This follows the merging of BV’s marine and
