Demolition Begins on Boat Works Complex
Workers began to remove the ways building at the former Nichols Boat Works site, the Dalles Chronicle reported. Last week, planners approved a 42-unit townhouse…
American Electric Technologies Powers Growing Indian Energy Market
American Electric Technologies, Inc., announced two projects with Aban Offshore Limited of . Aban Offshore is 's largest offshore private drilling contractor and…
StealthGas Acquires Newbuild
StealthGas Inc. has entered into an agreement to acquire from an unaffiliated entity a resale new build Korean built 47,000 deadweight IMO 3 M.R. type Product Carrier.
Goldman Sachs to Handle Daewoo Sale
Goldman Sachs was picked to manage the sale of Daewoo Shipbuilding and Marine Engineering Co Ltd., according to a Reuters report, kicking off a deal expected to attract in excess of $4b.
Aker Yards Delivered Fast Passenger- Car Ferry
On April 21, Aker Yards delivered the fast passenger-car ferry, Viking XPRS, for Viking Line. The vessel worth EUR 130 million gave 700 man years of work for the yard. The environmentally friendly fast ferry designed to carry passengers and cars between in and in is intended for year-around service regardless of weather conditions. The new ferry represents an entirely new concept in ferry service, bringing together the best qualities of conventional car ferries and catamarans.
DOT Seeks Research Proposals to Solve Multimodal Transportation Challenges
The U.S. Department of Transportation’s (DOT) Research and Innovative Technology Administration (RITA) announced the first of two Small Business Innovative Research…
Konecranes Acquires Ausió
Konecranes has acquired Spanish company Ausió Sistemas de Elevación S.L. (Ausió). The company specializes in manufacturing, sales and service of industrial cranes and hoists.
Hyundai Heavy to Build First Korean-Designed LNG Ship
A Korean shipbuilder has succeeded in independently designing a liquefied natural gas carrier. Building LNG ships is a high value-added business, as it requires…
Green Reefers CEO Quits
With immediate effect, Trym Jacobsen has left as CEO of Green Reefers ASA following disagreement with the board. Eidesvik will in an interim period act as CEO, until a permanent CEO has been engaged.
Van Oord Revalidates Bid for JNPT Dredging
The Dutch dredging giant Van Oord has once again revalidated their one-year bid for the Jawaharlal Nehru Port Trust channel dredging contract. However, the company…
Sale of 4 Newbuildings
Eitzen Chemical ASA has reached an agreement to sell four newbuildings that it has on order in . The vessels are coated 13,000 dwt chemical carriers. The vessels…
Marine Board of Investigation into Sinking of Alaska Ranger to Continue
The goal of the Marine Board is to identify the causal events of the casualty and provide recommendations to prevent or mitigate future casualties. The board heard testimony from Capt.
This Day in Naval History - April 19
1783 - George Washington proclaims the end of hostilities with . 1861 - President Lincoln orders the blockade of Southern ports from to . 1955 - USS Albany (CG…
Los Angeles Joins 'Conversation' on New Maritime Strategy
By Lt. The Navy's latest "Conversation with the Country" brought its discussion of the new national maritime strategy to an appropriate venue – Los Angeles - the…
McQuilling: Tanker Demand Flat
McQuilling is of the opinion that tanker markets are driven by interactions of supply and demand. While tracing short-term demand remains a constant challenge, long…
