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International Shipholding buys PCTC

OCTOBER 23, 2012 – Mobile, Alabama, headquartered International Shipholding Corporation (NYSE: ISH)  says it has purchased a 1999-built Pure Car Truck Carrier (PCTC). The vessel acquisition was funded by a $3.5 million

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MTU Series 8000 engines get a power boost

OCTOBER 23, 2012 – MTU chose this week’s Euronaval event in Paris to announce that its Series 8000 engines are now available with an output of 10 MW. Previously, the 20-cylinder engine

Extreme Semi-SWATH launched in Holland

OCTOBER 23, 2012 – BMT Nigel Gee Ltd. reports that the first 26 m XSS offshore wind farm support vessel for Turbine Transfers has been launched at the Sepers B.V shipyard in

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Wärtsilä offers highly efficient Aframax

OCTOBER 22, 2012 — Wärtsilä has developed a design for a new, highly efficient Aframax tanker that offers solutions for meeting current and forthcoming emissions legislation. Developed by Wärtsilä Ship Design, the

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OSG says it is considering a Chapter 11 filing

OCTOBER 22, 2012 — In an SEC filing today, tanker giant OSG says it is “evaluating its strategic options, including the potential voluntary filing of a petition for relief to reorganize under