Horizon Lines, Inc. (NYSE: HRZ) says that the New York Stock Exchange (NYSE) has notified the company that it has fallen below the NYSE’s continued listing standards related to minimum market capitalization
A sweeping series of management appointments at ABS, effective July 1, will position a new generation of executives that, says, the classification society “will help define the role and scope of class
The Evergreen Group signed a contract with Taiwan’s China Shipbuilding Corp. (CSBC) for the construction of 10 environmentally friendly L-class 8,000-TEU container vessels. The 10 post-panamax ships will be operated on Evergreen
In an event at its Diesel Research Center in Copenhagen yesterday, e to an invited audience. The presentation of the two-stroke engine marked the culmination of work that began in the 1990s
Wärtsilä has added new 62- and 72-bore low-speed engines to its its offering in the mid-size, low-speed engine sector. These standardized engines offer high propulsion efficiency, reliability, and optimized total cost of
The Port of New Orleans continues to conduct business as usual and new forecasts since the opening of the Morganza Floodway Saturday indicate river levels in New Orleans are expected to remain
Paris-headquartered classification society Bureau Veritas says continuing pressure on environmental emissions, coupled with rising oil prices, puts a new focus on operational efficiency. Writing in the Bureau Veritas Marine Business Review 2011,
U.S.-flag containership operator Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company’s fine related to federal
China’s Yangzijiang Shipbuilding today reported record high quarterly earnings for the three months ended March 31 2011 … and made it clear that capacity expansion is still very much part of its
A former Chief of the Singapore Defense Force is to succeed shipping industry veteran Ron Widdows as Group President and CEO of NOL Group, the parent of container shipping giant APL. Under
