Kvaerner Masa-Yards Elects New Executives
Kvaerner Masa-Yards has announced the following management changes: Jouko Virta, CFO; Martin Landtman, senior vice president, Marketing and Sales; Thomas Foss, chief legal counsel…
Hyundai Heavy Industries Awards Contract To Wynn
Wynn Marine, manufacturer of heavy duty marine window wiper systems for ocean going vessels, has been granted a contract worth more than $100,000 from Hyundai Heavy Industries in Korea.
French Port Authorities Ponder Mysterious Vessel
Authorities at the French port of Rouen said on Wednesday they have detained a mysterious vessel for almost a month because of doubts over its name and nationality.
Safety Investigatiors Cite Cause of 1998 Carnival Ecstasy Fire
Unauthorized welding on laundry room equipment triggered a fire aboard the cruise ship Ecstasy off Miami in 1998, injuring 22 people and causing more than $17 million in damages, U.S.
Petrobras CEO Defends Company's Honor
The top executive of Brazilian state oil giant Petrobras on Tuesday defended his company's acceptance of an industry achievement award despite suffering the loss…
Litton Ingalls Lands $196.5 Million Naval Contract
Defense contractor Northrop Grumman Corp. on Tuesday said the U.S. Navy awarded an additional contract worth $196.5 million to its shipbuilding unit for work on an amphibious assault ship. The U.S.
Supertanker Freight Rates Back on Track
Freight rates for supertankers to Asia, which last week suffered their most serious decline in over two years, have now stabilised and look set to recover, tanker brokers said on Wednesday.
