GE's Tier 4 Marine Diesel Engine Receives EPA Certification
GE Marine’s (NYSE: GE) 12V250 marine diesel engine received U.S. EPA Tier 4 Certification. GE met the emissions requirements through non-Selective Catalytic Reduction (SCR) technology that requires no urea-based after-treatment. The company is also working towards U.S. EPA Tier 4 and IMO Tier III Certification for additional models and families of its marine engines utilizing the same non-SCR technology.
Matson to Announce Q4, 2014 Results
Matson, Inc. will release its financial results for the Fourth Quarter and Full Year 2014 on Tuesday, February 24, 2015. Matthew Cox, President and Chief Executive Officer, and Joel Wine, Senior Vice President and Chief Financial Officer, will discuss Matson's fourth quarter and full year 2014 results and provide a business outlook for 2015 during a conference call scheduled for 4:30 p.m. EST/1:30 p.m. PST/11:30 a.m. HST.
Patterson-UTI Slashes Rig-Build Program
Land rig provider Patterson-UTI Energy Inc has halved its full-year rig construction program to 16 new high-tech APEX rigs as oil producers cut back on drilling due to weak prices.
Cummins Revenue up 11 pct
Cummins Inc, a maker of diesel engines, reported an 11 percent rise in quarterly revenue, helped by strong demand from North America. Sales rose to $5.09 billion in the fourth quarter ended Dec.
Fitch: EU Container Port Growth to Slow
European container ports are unlikely to be able to maintain the strong growth rates of the past three decades, Fitch Ratings says. Combined with the trend for ever…
China Defends Aggrssive South China Sea Ops
China on Thursday defended the actions of a coast guard vessel in the disputed South China Sea after the Philippines accused it of ramming three fishing boats and…
Making Sailors 'SAFFiR'
Navy Unveils Firefighting Robot Prototype at Naval Tech EXPO. Scientists unveiled a firefighting robot prototype Feb. 4 at the Naval Future Force Science & Technology EXPO, revealing details about its successful demonstrations last fall. The Shipboard Autonomous Firefighting Robot (SAFFiR), sponsored by the Office of Naval Research (ONR), walked across uneven floors, used thermal imaging to identify overheated equipment, and used a hose to extinguish a small fire in a series of experiments Nov.
Manila: China Dredging in Disputed Waters
China has started dredging around the disputed Mischief Reef in the South China Sea, a Philippine navy commander said on Thursday, signalling Beijing may be preparing…
Wärtsilä's Propulsion For First CNG Carrier
The world's first ever carrier vessel for compressed natural gas (CNG) is to be powered by an integrated Wärtsilä propulsion system, chosen for its energy efficiency and environmental sustainability.
Rescue Crews Respond to Overturned Vessel
Coast Guard rescue crews rescued four men from the water after their vessel capsized one nautical mile east of Port Everglades inlet Wednesday evening. An additional…
Navy Unveils Firefighting Robot
Scientists unveiled a firefighting robot prototype Feb. 4 at the Naval Future Force Science & Technology EXPO, revealing details about its successful demonstrations last fall.
Gazprom Sets Up New Department
Gazprom set up a new department to be headed by Pavel Krylov. The department will be in charge of implementing the Gazprom corporate unified technical policy in search…
Seanergy Maritime Receives NASDAQ Notice
Seanergy Maritime Holdings Corp. announced yesterdat that it has received written notification from The Nasdaq Stock Market dated January 28, 2015, indicating that…
Iran Navy Repels Pirate Attacks
Iran’s 33rd naval fleet has foiled pirate attacks on two Iranian tankers during the first days of its presence in the open waters and the Gulf of Aden. The timely…
Bank of China Signs $14b Deal With China Shipping
Bank of China and China Shipping Group (CSG ) signed a global strategic cooperation agreement worth $14 billion (RMB90bln) in Beijing yesterday to develop cooperation opportunities worldwide…
Euronav Pays Bond to Buy 15 Maersk Tankers
Euronav NV will repay the US$235 million bond issued to finance the acquisition of 15 VLCC oil tankers from Maersk Tankers Singapore, following a closure of its…
Nicaragua Atlantic-to-Pacific Canal: Big Chinese Money?
In Nicaragua, a Chinese company is busy building what will become one of the world’s largest transoceanic canals. One of the largest engineering projects in history…
Daewoo Shipbuilding Bags Order for LNG Carrier
Daewoo Shipbuilding & Marine Engineering, the world’s second-largest shipbuilder, signed a $100 million contract to build an LNG carrier. It has now signed five deals this year…
LR2 Product Tanker Joins Scorpio Tankers' Fleet
Scorpio Tankers Inc. today took delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel will begin a voyage for 52 days at approximately $33,500 per day.
New Terminal in Greenwich for Huge Cruise Ships
Large cruise ships could become a familiar sight on the Thames if plans for a new passenger terminal in Greenwich move forward. London could soon become a popular…
