Guangzhou Shipyard's Net Triples on Expanded Capacity
Guangzhou Shipyard International Co., more than tripled fourth- quarter profit after expanding capacity and shortening construction times. The company's shares rose the most in a month.
Trinidad and Tobago to Invest $313m for New Coast Guard Ships
Trinidad and Tobago’s National Security Minister revealed that the six fast patrol vessels, which are expected to assist in securing the country's coastline and…
Knightsbridge Tankers Shares Rise
Knightsbridge Tankers Ltd. shares are rising along with the broader market after an analyst said a new time charter will allow the company to weather a tough tanker market this year.
Navy Tows JFK from Norfolk to Philadelphia for Storage
The decommissioned aircraft carrier ex-John F. Kennedy (CV 67) departed Norfolk Naval Station, , March 17 and is currently in tow to the Navy’s Inactive Ship Maintenance Facility in .
Special Op Presidential RIBs Delivered
Ribcraft completed commissioning exercises for a fleet of RIBCRAFT 7.8's delivered to the Philippines Presidential Security Group earlier this year. The RIBs will…
Konecranes Acquires Spanish Company
In the beginning of March 2008, Konecranes acquired the entire share capital of Spanish crane and service company Eydimen 2000 S.L., based in in . Prior to this transaction…
Odfjell Announces Ship Sale and Delivery
As part of Odfjell's continued fleet renewal process, two older ships have been sold. The company also took delivery of the 33,707 fully stainless steel newbuilding…
MTU Works to Quiet Engine Noise
The Tognum subsidiary MTU Friedrichshafen signed a contract on the exclusive distribution of active engine mountings with the companies Paulstra and Stop-Choc. The jointly developed system, which MTU has trialed on test benches and in ships, reduces the structure-borne noise emitted by diesel engines. This innovative concept of active mountings has been developed through to product maturity for yachts and naval ships.
UMass Hosts Atlantic Observation System Planners
The School for Marine Science and Technology of UMass Dartmouth hosted a consortium of 20 universities and organizations last week to plan the initial stages of…
Rolls-Royce Extends into Vietnam
Rolls-Royce, a provider of marine power systems and services, signed a memorandum of understanding (MoU) with Vietnam Shipbuilding Industry Group (Vinashin) in .
Pilholski Named VP and CFO at ACL
The Board of Directors of American Commercial Lines Inc. announced the appointment of Thomas R. Pilholski to the position of Senior Vice President and Chief Financial Officer.
Supacat’s Prototype L&R System
A new Launch and Recovery System (L&RS) developed by Supacat for the Royal National Lifeboat Institution’s (RNLI) new class of all-weather lifeboat (ALB) has undergone a two year trials program. These trials tested the system in demanding conditions and were held at Hayle, . The new L&RS design met all the requirements of the prototype specification and exceeded expectations during the trials; lifeboat crew feedback is now being used by the RNLI and Supacat to refine the pre-production design.
Panama Canal Dredges into the Future
Moving forward with its equipment upgrades for the Expansion Program, the Panama Canal Authority (ACP) officially awarded the contract to design and build a new…
IMO, EC Reinforce Working Relationship
Mr. Jacques Barrot, Vice-President of the European Commission and Commissioner for Transport, visited the IMO Secretary-General, Mr. Efthimios E. Mitropoulos, at…
