Conrad Shipyard to build first LNG bunker barge in U.S.
FEBRUARY 25, 2015—It was an historic day for the U.S. maritime industry as Conrad Orange Shipyard, Inc., Orange, TX, a division of Conrad Shipyard, LLC, Morgan City, LA, signed a contract with
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Maersk Group turns in record profit
FEBRUARY 25, 2015 — Helped by a higher than expected Maersk Line profit of $2.3 billion, A.P. Møller – Mærsk A/S today reported a 2014 profit of $5.2 billion (compared with $3.8
More than 100 ME-GI engines now on order
FEBRUARY 24, 20015 — MAN Diesel & Turbo reports that more than 100 orders have now been received for its dual fuel, two-stroke slow-speed ME-GI diesel engine. In addition, the second ME-GI
ClassNK works to lessen brittle crack risk in big box ships
FEBRUARY 19, 2015 — Classification society ClassNK is to carry out a joint research project aimed at improving safety standards for ultra-large containerships. As containerships increase in size, so too does the
MSC opts for Jotun Hull Performance Solutions for 12 ships
FEBRUARY 19, 2015 — Jotun Marine Coatings reports that Mediterranean Shipping Company (MSC) has opted for Jotun’s Hull Performance Solutions (HPS) on 12 vessels – including the world’s largest containership the 19,224
Pasha Jones Act newbuild achieves main engine light off
FEBRUARY 18, 2015 — Honolulu-based Pasha Hawaii reports that its ConRo (combination container/roll-on/roll-off) newbuild M/V Marjorie C has attained main engine light off, a major milestone prior to delivery from shipbuilder VT
CIT provides financing for post-Panamax gantry cranes
FEBRUARY 17, 2015 — Post-Panamax ships are going to need post-Panamax cranes and CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services, is helping terminal operators get them.
Yangzijiang Shipbuilding books first LNG carrier orders
FEBRUARY 16, 20015 — China’s Yangzijiang Shipbuilding (Holdings) Limited says it has secured new shipbuilding orders, worth $135 million, to build two 27,500 cu.m LNG (liquefied natural gas) carriers. The orders come
Stolt-Nielsen mourns passing of founder
FEBRUARY 15, 2015 — The Board of Directors of Stolt-Nielsen reports that Jacob Stolt-Nielsen, 83, passed away today in the company of his family at his home in Oslo. “Our condolences to
Wärtsilä wins major genset order
FEBRUARY 10, 2015 — Wärtsilä is to supply five new 14,500 TEU containerships with twenty Auxpac 32 generating sets. The ships are under construction for COSCO (China Ocean Shipping Group) by Hudong-Zhonghua