Excel Maritime files for Chapter 11
JULY 2, 2013 — Athens headquartered bulker operator Excel Maritime Carriers Ltd. has now gone ahead with the Chapter 11 bankruptcy filing that it said it planned in a form 6K filed
New system allows permanent underwater propeller repairs
JULY 2, 2013 — Hydrex says that its R&D department has now developed a repair system that allows permanent underwater repairs be made to every type of propeller in dry conditions. All
IMO to trim subcommittees
JULY 2, 2013 — IMO’s Maritime Safety Committee (MSC) and Marine Environment Protection Committee (MEPC) have agreed to a restructuring of IMO’s Sub-Committees that will see the number of Sub-Committees trimmed from
MAN Diesel & Turbo announces two new giant engines
JULY 2, 2013 — MAN Diesel & Turbo is responding to market developments pushing further optimization of the propulsion efficiency of large containerships. It has announced two significant additions to its engine
MOL Comfort fore part breaks tow
JULY 2, 2013 — Adverse weather continues to beset efforts to salvage the remaining section of MOL Comfort, the five year old containership that broke into two sections June 17. In its
Bergen Engines now a unit of Tognum AG
JULY 1, 2013 — Norwegian engine manufacturer Bergen Engines AS today became part of the Tognum Group. Bergen Engines was formerly a Rolls-Royce subsidiary and the switch to the new ownership follows
Caterpillar to acquire Berg
JULY 1, 2013 — Caterpillar Inc. (NYSE: CAT) will soon sell not only engines and generators but will also offer complete marine propulsion package systems. It has signed a definitive agreement to
Leevac acquires Tidewater’s Quality Shipyards
JULY 1, 2013 — Leevac Shipyards, LLC through its newly created subsidiary Leevac Shipyards Houma, LLC, has completed the acquisition of substantially all assets of Quality Shipyards, Inc., located at 3201 Earhart
MHI Nagasaki Shipyard lays keel for AIDA cruise ship
JULY 1, 2013 — Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) reports that its Nagasaki Shipyard & Machinery Works has laid the keel of the first of two new generation cruise ships for
Oro Negro orders two more jack-ups at PPL Shipyard
JULY 1, 2013 — Sembcorp Marine’s PPL Shipyard, Singapore, has secured additional orders for two turnkey contracts, worth a combined US$417 million, from Mexico’s Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de