Kvichak Marine awarded ferry contract

Kvichak Marine Industries, Seattle, WA, has recently been awarded a contract to build a 64 ft 6 in, 150-passenger catamaran ferry for the Chemehuevi Transit Authority of Lake Havasu, California.  The vessel

Name change for Cape Town shipyard

South Africa’s 65 year old DCD-Dorbyl (Pty) Limited has completed a group restructure that includes a name change for Capetown’s DCD-Dorbyl Marine, which is now DCD Marine. Whatever the name, the shipyard

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OSG suspends dividend payments

Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG), says that its Board of Directors has suspended the payment of regular quarterly dividends.  No dividend will be paid in the first quarter of