Cummins announces EPA Tier 3 marine engine line-up
Cummins Inc. (NYSE: CMI) has released details of its U.S. EPA compliant Tier 3 marine engines. Improving on the existing EPA Tier 2-certified product line, the company is developing a full range
Resolve Marine Group acquires EBDG New Orleans staff and assets
Fort Lauderdale, Fla., headquartered Resolve Marine Group, Inc. (Resolve) has acquired the staff and assets of the Elliott Bay Design Group’s (EBDG) New Orleans office. The addition of former EBDG personnel in
Feasibility study points to benefits of LNG use in ferries
An LNG-fuelled ferry would not only have significant environmental benefits, but economic ones as well, according to a recently completed feasibility study for Washington State Ferries. Naval architectural and marine engineering firm
ISH to purchase ice-strengthened ship for new Waterman MSC contract
International Shipholding Corporation (NYSE:ISH) announced today that wholly-owned subsidiary Waterman Steamship Corporation has been awarded a time charter contract with Military Sealift Command. The contract is for a firm one year period
Songa Offshore secures financing for semisubmersible newbuilds
Songa Offshore reports that it has finalized a new $420 million bank facility with a repayment profile of 8.5 years. It will be used to finance the delivery of the ultra-deepwater semisubmersible
FSG launches first of four Ro/Ro freight ferries
German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) recently launched Seatruck Progress, the first of four identical Ro/Ro freight ferries ordered by Clipper Group member Seatruck Ferries Ltd. Set for deliveries between November this year
Two pirates in S/V Quest case get life
Ali Abdi Mohamed, a/k/a Basher, 30, and Burhan Abdirahman Yusuf, a/k/a Burhan or Famah, 31, both of Somalia, were sentenced today in Norfolk, Virginia, federal court to life in prison for their
Jack-Up Barge B.V. signs multi-year charter agreement with BARD Group
Sliedrecht, The Netherlands, headquartered Jack-Up Barge B.V. has signed a multi-year charter agreement with Germany’s BARD Group for Jack-Up Barge’s Self Elevating Platforms JB-115 and JB-117. The contract is valued at over
Hendry Corp. gets $1 million Small Shipyard Grant
Privately held Hendry Corporation, Tampa, Fla., recently received a $1 million grant under the U.S. Maritime Administration Assistance to Small Shipyards Grant Program. The grant, along with Hendry’s capital contribution of $1.6
Marad to hold Tiger grant webinar
The U.S. Department of Transportation has announce a third round of funding for the Transportation Investments Generating Economic Recovery (TIGER) program. With $527 million available in this round of funding, USDOT is