Former Fincantieri Marine Group CEO Francesco Valente is to succeed Jim “Marco” Marcotuli as CEO of Titan Acquisition Holdings (Titan), the ship repair and marine and complex fabrication specialist that is the
One of the world’s three largest marine engine brands, Japan Engine Corporation (J-Eng) may be edging ahead of the pack in developing large two-strokes capable of operating on ammonia and hydrogen. J-Eng,
Japan’s Mitsubishi Shipbuilding Co., Ltd. and Shin Nihonkai Ferry Co., Ltd. are to jointly develop a prototype system for unmanned ship navigation and install it on a large high-speed ferry. The project
Huntington Ingalls Industries (NYSE: HII) announced today that its Technical Solutions business has entered into an agreement to contribute its San Diego Shipyard to Titan Acquisition Holdings, a company comprised of Vigor
The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management have reached announced a definitive agreement to acquire and merge Portland, Ore., headquartered Vigor Industrial LLC and Norfolk, Va., based
AUGUST 31, 2018 — In the run up to SMM 2018 in Hamburg, an international consortium of seven companies led by Dubai based Zaitoun Green Shipping L.L.C. (ZGS) recently inked a collaboration
OCTOBER 29, 2014 — Agribusiness giant Archer Daniels Midland Company (ADM) has taken delivery of Harvey Frost, the first of three eco-friendly 95,000 dwt bulk carriers featuring an air lubricated hull. The
JULY 8, 2014 — Production and sales of Mitsubishi Heavy Industries, Ltd.’s (MHI) core 16-cylinder engines, diesel and gas models combined, have reached a landmark 10,000 units. Originally launched in 1989, the
