Maine ferries get $2.4 million in grants

JULY 30, 2012—Maine Senator Susan Collins, Ranking Member of the Senate Transportation Appropriations Subcommittee, today said that the U.S. Department of Transportation (DOT) will award $2.4 million in federal funding to the

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Eagle Ocean reports a flying start

JULY 30, 2012 — Eagle Ocean Marine (EOM), a specialist fixed-premium P&I and FD&D (Freight, Demurrage and Defense) facility underwritten by the American Club, reports an excellent first year of operation, and

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Shell launches new cylinder oil

JULY 30, 2012 — Shell has launched what it calls “its most innovative marine engine oil in a generation.” It says that, unlike conventional cylinder oils, Shell Alexia S4, can be used

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COSCO, Rongsheng Heavy issue profit warnings

JULY 30, 2012 — Yet another sign of the challenges confronting China’s maritime sector: Hong Kong exchange profit warnings from both shipbuilder China Rongsheng Heavy Industries and shipping giant COSCO. In a

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Voith keeps things moving at 2012 Olympics

JULY 29, 2012—While you won’t see them on any of the Olympic medal stands, Voith technology is playing a winning role in making sure all of the events run smoothly in London.

Hercules Offshore reports increased revenues

JULY 27, 2012 — Hercules Offshore, Inc. (HERO) today reported revenue of $179.0 million for the second quarter 2012 compared with revenue of $170.2 million for the second quarter 2011. However, the

NASSCO Norfolk awarded $115 million contract mod

JULY 27, 2012 — General Dynamics, NASSCO, Norfolk, Va., is being awarded a $115,016,340 modification to previously awarded contract (N00024-09-C-4416) for amphibious landing ship USS Oak Hill (LSD 51) to extended drydocking,

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Landmark containership engine completes trials

JULY 27, 2012 — MAN Diesel & Turbo’s first super-long-stroke, 90-cm bore Mk 9 engine has successfully completed test bed trials at Hyundai Heavy Industries Engine & Machinery Division in Korea. The