Bowles Named Director of Donald L. Blount & Associates
Naval architecture and marine engineering firm Gibbs & Cox, Inc. has appointed Jeffrey B. Bowles as Director of its Chesapeake, Va. division, Donald L. Blount & Associates (DLBA).
Sydney’s Newest Ferry Begins Operations
A newbuild 27-meter catamaran passenger ferry has been delivered to the Australian Public Company Sealink, and has commenced operations on Sydney Harbor. Designed by Incat Crowther and built by Aluminium Marine, Nancy Wake is a 280 passenger vessel accommodating 198 passengers inside and 82 outside. Nancy Wake is the fourth vessel of this design, which includes Incat Crowther’s new generation propeller…
US Invests $18.5 Mln in Offshore Wind Research
U.S. Secretary of Energy Rick Perry announced $18.5 million in new Department of Energy (DOE) funding for a consortium that will conduct research aimed at reducing the cost of offshore wind in the U.S. As it seeks to capitalize on momentum in the offshore wind market, the U.S. still faces several challenges, such as deep water requiring floating foundations, the need for models predicting how Atlantic hurricanes will impact offshore turbines…
Seadrill Bondholders Propose Alternative Debt Restructuring
An unofficial committee of Seadrill's unsecured bondholders has submitted a binding alternative proposal for the company's restructuring, two sources familiar with the proposal told Reuters on Tuesday. Norwegian-born billionaire John Fredriksen and a group of hedge funds proposed on Sept. 12 to invest $1.06 billion via new equity and secured debt to restructure indebted Seadrill, once the largest drilling rig operator by market value.
First Mobile MTU Gas Engines for Rederij Doeksen
The first two preproduction units of the new mobile MTU gas engine from Rolls-Royce have completed performance tests and were accepted by the customer at the beginning of December. MTU delivered the first two of a total of four 16-cylinder Series 4000 gas engines, each with an output of 1,492 kW, for two new catamarans. From 2018, the two aluminum vessels will operate ferry services on the Dutch Wadden Sea.
William P. Doyle Appointed as DCA Executive Director & CEO
The Dredging Contactors of America’s (DCA) has selected the Honorable William P. Doyle, Sr. as its new Executive Director and Chief Executive Officer (CEO). William…
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