OCTOBER 12, 2012 — Two Singapore-based shipping companies have chosen Wärtsilä X72 electronically controlled low speed engines to power six new vessels ordered from Chinese shipyards. The Wärtsilä equipment will be installed
SEPTEMBER 4, 2012 — Mobile, Alabama, headquartered International Shipholding Corporation (ISH) says its wholly owned LMS Shipmanagement, Inc. subsidiary and Hong Kong headquartered Wallem Group Ltd. “have agreed to form an alliance
AUGUST 22, 2012 — China’s largest privately owned shipbuilder, China Rongsheng Heavy Industries, saw revenues fall by 37.2 percent in the six months ended June 30, while earnings fell by 82.3 percent,
AUGUST 7, 2012 — Rand Logistics, Inc. (Nasdaq: RLOG), which operates U.S. and Canadian flag Great Lakes bulk carriers, yesterday announced financial and operational results for its FY 2013 first quarter ended
JUNE 27, 2012 — Looking for fuel savings, lower operating costs and lower emissions, more owners of smaller merchant vessels are opting for two-stroke, low speed engines over their four-stroke counterparts. To
JUNE 6, 2012 — Mitsubishi Heavy Industries, Ltd. says that the Mitsubishi Air Lubrication System (MALS) to be installed on the two AIDA cruise ships to be built at its Nagasaki Shipyard
Wärtsilä is extending its low-speed X-generation engine series, adding a new Wärtsilä X92 engine, with a bore of 920 mm, to the upper end of its portfolio. The new engine will serve
“The year has started rather well with order intake increasing by 13 percent,” says Wärtsilä Corporation President and CEO Björn Rosengren, commenting on the company’s first quarter performance. “Our profitability was 10.1
Wärtsilä’s new electronically controlled low speed engine, the Wärtsilä X35, has successfully passed its Factory Acceptance Tests (FAT). The tests of the two engines took place last month at both the 3.MAJ
Ronald D. Widdows, former CEO of NOL/APL, is to become the new Chief Executive Officer of Rickmers Holding and Rickmers-Linie on April . Rickmers CFO Dr. Ignace Van Meenen will act as
