Teekay Shipping Corporation Declares Dividend
Teekay Shipping Corporation announced that its Board of Directors has voted to declare a cash dividend on its common stock of $0.25 per share, payable on January 30…
CAE USA Names New Tech Director
CAE USA marine systems has named Capt. William H. Luebke to the newly created position of director of technology, effective Jan. Luebke, who just retired from the U.S.
Permit Helps Clear Way for $1.2 Billion Terminal
The Port of Houston Authority (PHA) signed the federal permit for the Bayport Container and Cruise Terminal on Monday. The permit was then issued after Col. Leonard Waterworth signed it. The U.S.
Ground Broken on World’s Largest Shipyard
A Chinese shipbuilding company has broken ground on what it says will be the world's biggest shipyard, a high-tech facility capable of producing cruise ships and natural gas tankers…
IHC Caland Logs $100M New Business
IHC Caland reported that it had won new orders recently worth more than $100 million and would continue to meet its banking covenants. J.P. Morgan had said in October…
UAE Shipbuilder Wins $500M in Contracts
A United Arab Emirates shipbuilding company apparently has won a $500 million contract from the Gulf Arab state's navy to build six warships using French technology.
Massive Tunnel Boring Machine Shipped
construction of a 4.05km long road tunnel in Kuala Lumpur, has been loaded on board Rickmers Singapore and is currently being shipped eastbound to the port of discharge, Port Kelang in Malaysia.
Rolls-Royce Marine Expands U.S. Presence
Rolls-Royce Naval Marine Inc. broke ground for the expansion of its foundry in Pascagoula, Miss. The new facility is designed to enhance manufacturing capabilities…
Ribcraft Signs Contracts with USCG, USAF
Ribcraft USA entered into a multi-boat contract with the U.S. and will supply the U.S. Mitigator 7.8 m boat. The Air Force order represents the first in a series of orders from federal…
