Wärtsilä Opens Factory Extension
Wärtsilä opened an extension to its state-of-the-art production plant in Wuxi, China. Wärtsilä's investment to the Wuxi factory, which manufactures thrusters as…
FleetBroadband by Vizada Launched
Inmarsat's FleetBroadband service was officially launched. It now forms a part of Vizada's broadband offering. platforms, fishing boats and many more. FleetBroadband…
Wärtsilä Opens Wokshop in South Africa
Wärtsilä Corporation opened a new engine and propeller workshop in Cape Town, South Africa. From this workshop, Wärtsilä provides the full range of services to the…
Smit International Expects Higher Net Profit
SMIT announced that it is expecting a growth in net profit of around 35 percent for 2007 compared to 2006. On July 27, SMIT announced that it was expecting a considerably…
SENER Setup First China FORAN Technical Support Center
An opening ceremony for the first FORAN China Technical Support Center was held in September the 27th in Zhenjiang, China. At the same time a cooperation agreement…
Mighty Servant 3 Back at the End of 2008
The flat deck open stern semi-submersible heavy transport vessel Mighty Servant 3 is due to rejoin Dockwise's operational fleet at the end of 2008 after being fully…
Top Tankers Drops to New Low
Top Tankers fell to a new low on Monday. The stock fell for the first two hours of the session and then added another decline in the afternoon. Shares finished at $3.59, down 56 cents on the session.
This Day in Naval History - Nov. 21
From the Navy News Service 1918 - U.S. battleships witness surrender of German High Seas fleet at Rosyth, Firth of Forth, Scotland, to U.S. and British fleets.
STX Shipbuilding Shares Falls
STX Shipbuilding Co., the world's fifth-largest shipyard, fell the most in two months in Seoul trading after six executives at a unit were indicted for stealing technology from a rival.
Cummings Introduces Legislation to Curb the Spread of Infections
Congressman Elijah E. Cummings (MD-07), a senior member of the House Committee on Oversight and Government Reform, announced the introduction of the Community and…
Voith Turbo Acquires AIR
Voith Turbo GmbH & Co. KG has acquired the share majority in AIR Fertigung-Technologie GmbH & Co. KG based in Hohen-Luckow near Rostock. Voith Turbo has been participating in AIR…
SUEZ to Bring U.S. Crew on Board
SUEZ LNG NA LLC (SUEZ) announced that the LNG ship SUEZ Matthew has become the first liquefied natural gas(LNG) vessel in recent history calling on United States ports to begin utilizing U.S.
HHIG to Post Record Sales
Hyundai Heavy Industries Group (HHIG), which consists of Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries expects to surpass its…
Maritime Administrator Honored
Maritime Administrator Sean T. Connaughton, pictured speaking a the recent annual meeting of the Society of Naval Architects & Marine Engineers, was honored by the International Propeller Club.
Greece Announces $1m Donation to Straits' Fund
The Government of Greece has announced its decision to donate $1m to support projects aimed at enhancing further the safety, security and environmental protection…
Marseilles Container Traffic on the Rise
Container throughput at the Port of Marseilles totaled 826,000 teu to the end of October - a 3.7 rise on the first ten months last year - marked by a 6.8% increase to 586…
BP and Invensys Tackle Bunker Fuel Problem
The majority of bunker fuel is delivered to ships by barge. Trapped air, held in suspension within viscous bunker oil, artificially increases its volume. This effect…
Double Hull Tankers Reports 3Q Earnings
Double Hull Tankers Inc. said third-quarter net income fell to $6.9m, or 23 cents a share, which met the mean estimate of analysts polled by Thomson Financial. In the year-ago period…
Aker Yards ASA International Financial Advisor Engaged
Following the announcement on October 23 regarding the new ownership situation in Aker Yards ASA the Board of Directors has decided to explore the company's strategic options.
Port of Marseilles Sets up Simulator Training
The Port of Marseilles Authority has set up a simulator-based international training center in Fos for crane and equipment operators handling cargo such as containers and dry bulks.