Seadrill at “pivotal moment” in restructuring plans

FEBRUARY 26, 2018 — John Fredriksen controlled offshore drilling contractor Seadrill Limited reports that it has succeeded in reaching a global settlement with an ad hoc group of bondholders, the official committee

Bio-tech based solution helps prevent hard fouling during outfitting

FEBRUARY 21, 2018 — As global water temperatures increase, global “biofouling hotspots” in subtropical/tropical areas are intensifying, exposing newbuildings at some of the world’s major shipyards to greater risk of hard fouling

Bollinger Shipyards delivers FRC 27

FEBRUARY 8, 2018 — Bollinger Shipyards has delivered the USCGC Richard Snyder, the 27th Fast Response Cutter (FRC) to the U.S. Coast Guard. The Coast Guard took delivery today in Key West,

Senators to Mattis: Block buy best way to add two new carriers

DECEMBER 19, 2017 — U.S. Senators Roger Wicker, R-Miss., and Tim Kaine, D-Va., were last week joined by 15 Senators in sending a letter to Secretary of Defense James Mattis expressing their

Dredging Contractors of America tap William P. Doyle for leadership role

DECEMBER 14, 2017 — When Federal Maritime Commissioner William P. Doyle of the U.S. Federal Maritime Commission announced that he would be leaving his post effective January 3, 2018, he concluded by

Bureau Veritas inks deal to class CMA CGM LNG boxships

DECEMBER 5, 2017—On the opening day of Marintec China 2017, classification society Bureau Veritas signed a contract to class all nine of CMA CGM’s 22,000 TEU dual-fuel containerships. Marintec China will take

TOTAL to supply CMA CGM with (a lot of) LNG for box ship newbuilds

DECEMBER 4, 2017 — Total and CMA CGM have signed an agreement covering the supply of around 300,000 tons of liquefied natural gas (LNG) a year for 10 years starting in 2020.

River cruise vessel market continues expansion

NOVEMBER 24, 2017—Operators are investing in new vessels to keep up with the increasing popularity of river cruising in the U.S. and Europe. Cruise Lines International Association (CLIA)—which represents about 95 percent

Conrad reports third quarter results

NOVEMBER 16, 2017 — Morgan City, LA, headquartered Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) today reported its third quarter and nine months 2017 financial results and backlog at September 30, 2017.

CMA CGM opts for WinGD engines to power LNG fueled box giants

NOVEMBER 13, 2017 — CMA CGM has chosen Winterthur Gas & Diesel Ltd (WinGD) 12-cylinder X92DF engines (12X92DF) to power the nine 22,000 TEU LNG fueled containerships it is building in two

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