Mobile, Ala., based ship operator International Shipholding Corporation (NYSE: ISH) has announced financial results for the quarter and year ended December 31, 201. Fourth quarter net income was $1.8 million $8.9 million
ThyssenKrupp AG has closed the sale of its civil shipbuilding operations to Britain’s Star Capital Partners. The companies now owned by the British investment group are Blohm + Voss Shipyards, Blohm +
Tanker operator General Maritime Corporation, which filed for Chapter 11 protection in November last year (see earlier story), has filed a plan of reorganization and a disclosure statement with the U.S. Bankruptcy
India’s largest private sector shipbuilder, ABG Shipyard Ltd., has won an order worth about $101.4 million from Shipping Corporation of India Ltd. (SCI). According to a stock exchange announcement, the order covers
Under a $73.2 million contract award, Alion Science and Technology is to provide professional support services that, it says, “will help the U.S. Navy use capital resources wisely and extend the service
Damen Shipyards Galati, Romania, recently launched the Ngola Kiluange, the first of three Fishery Inspection Surveillance Vessels (FISV) 6210, for the Angolan Ministry of Agriculture, Rural Development and Fisheries. The launch provided
With Dubai becoming an increasingly popular cruise ship destination, Dubai Maritime City Authority (DMCA) has announced a crack down on cruise ship safety. The award-winning Dubai Cruise Terminal experienced a 30 percent
The Navy has just gotten $210 million worth of high speed cats for $35 million. The U.S. Maritime Administration reports that it has now transferred the former Hawaii super ferries Huakai and
Houston-headquartered GulfMark Offshore, Inc. (NYSE: GLF) reports that it has exercised an option under its existing construction contract with shipbuilder Simek A/S of Flekkefjord, Norway to build another 92.6 m x 19.2m
Allerød, Denmark, headquartered Pres-Vac has named W&O as the exclusive distributor of its pressure/vacuum valve and inert gas systems in the United States, as well as the only factory-authorized service center in
