Braemar Technical Services (Incorporating The Salvage Association) is pleased to announce the appointment of Graeme Temple to the role of Regional Director for its Far East region. Mr. Temple will be responsible
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 Panama Canal Authority (ACP) Board of Directors has approved a proposal to modify the Panama Canal pricing structure “to align Canal toll charges with the value the route provides.” The proposal
“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
A ceremony at the CSSC-MES Diesel Co., Ltd. (CMD), Shangai, saw the signing of the contract to construct the first Chinese-built MAN B&W design Green Series 7G80ME-C9.2 engine. Due for delivery in
Horizon Lines, Inc. (OTCQB: HRZL) says that it has completed transactions with more than 99 percent of its noteholders, and with Ship Finance International Limited, to substantially deleverage the company’s balance sheet
Australia’s Richardson Devine Marine has launched Outer Limit, a 35 m Incat Crowther catamaran work boat. It is the third vessel from Richardson Devine and Incat Crowther for operator Offshore Unlimited, following
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
It was to have been a highspeed containership with a semi-planing hull, gas turbine power and waterjets linking Philadelphia and Cherbourg, France. At one time, there were hopes it could have been
Container shipping giant Hapag-Lloyd turned in a net loss of €28.8 million (about $38 million) in 2011. According to the consolidated financial statements approved today by the Supervisory Board, Hapag-Lloyd increased its
