JUNE 5, 2014—Vigor Fab has delivered the M/V Tokitae, the the first of three funded Olympic class vessels, to Washington State Ferries, Seattle, WA. Designed by Seattle-based Guido Perla & Associates, Inc.,
JUNE 5, 2014 — DNV Petroleum Services (DNVPS) has appointed Tejs Beltov as its new Chief Operating Officer for Europe. Mr. Beltov who joined the company May 1, succeeds Bill Stamatopoulos who
MAY 30, 2014 — Investigations by the Maritime and Port Authority of Singapore showed that human error and poor judgement of the situation was the main cause of three collision incidents resulting
MAY 16, 2015 — Here’s another example of private equity investing in newbuilding opportunities. Norway’s Odfjell SE reports that it has entered into an agreement with affiliates of Breakwater Capital and Oak
MAY 16, 2014 — Though, as yet, there’s not one LNG fueled vessel actually operational in the U.S., the adoption of LNG as fuel by U.S. operators is proceeding at a pace
MAY 14, 2014 — TOTE, Inc. President & CEO Anthony Chiarello is among 11 individuals honored by the White House as 2014 transportation industry “Champions of Change.” Chiarello was chosen for his
MAY 8, 2014 — Classification society DNV GL has acquired Marine Cybernetics, a leading provider of third-party testing of computer control systems. The acquisition expands DNV GL’s scope of services in the
MAY 7, 2014 — U.S. Rep. Mike Thompson (CA-5) today announced a $5.1 million U.S. Coast Guard (USCG) contract for Mare Island Dry Docks, LLC. The contract is for the dry docking
APRIL 30, 2014 — Classification society ABS held its Annual Meeting in New York yesterday. reporting a strong year and electing industry leaders to key positions. Chairman and CEO Christopher J. Wiernicki
APRIL 15, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $95.2 million senior secured credit facility to Heron Ventures, a joint venture between Oceanbulk Shipping and ABY
