P&O And Festival To Team Up
The Peninsular and Oriental Steam Navigation Co. (P&O) and Festival Cruises have agreed, subject to contract, to join together in the expansion of the global cruise business.
KPN And Telstra Form Joint Venture
KPN (Royal Dutch Telecom) and Telstra have agreed to form a joint venture company by merging their respective mobile satellite communications businesses. The new company…
Mobex Purchases Watercom From ACL
Mobex Communications has entered into an agreement with American Commercial Lines (ACL) for its subsidiary Waterway Communications System LLC (Watercom), which is…
MTN Completes Purchase Agreement
Maritime Telecommunications Network (MTN), a subsidiary of ATC Teleports, has finalized a definitive Asset Purchase Agreement to attain specific assets of CruisePhone for approximately $1 million.
Investor Group To Acquire Aalborg Industries
Headed by Axcel, an investor group has formalized an agreement with the Danish company J. Lauritzen Holding to attain Aalborg Industries. Aalborg, which is one of…
Swift Ships Completes Candy Fleet
Two pairs of Hamilton HM651 jets with 25-in. impellers are being installed on two 170 x 30 ft. (51.8 x 9.1 m) hulls being built for the Candy fleet at Swift Ships Morgan City shipyard.
GE Marine Engines To Supply For Corsaire
GE Marine Engines is set to supply Motoren- und Turbinen-Union (MTU), Friedrichshafen, Germany with a pair of GE LM2500+ aeroderivative gas turbines. The units will…
NASSCO Lands $22 Million Conversion Contract
National Steel and Shipbuilding Company (NASSCO), was awarded a contract valued up to $22 million to finish off the second phase of a program to convert a U.S. Navy…
Horizon To Construct Z-Drive Tug
Horizon Shipbuilding formalized a contract with Dixie Towing, Jacksonville, Fla. for the construction of a 70 ft. (21.3 m) Z-drive tug. Designed exclusively for Dixie by Glowacki Engineering…
Wärtsilä Orders Surge Ahead
A dramatic increase in orders was experienced by Wärtsilä NSD Corp. for marine diesel engines in China during the first part of this year totaling more than $36.5 million.
