HII Graduates 184 Shipbuilders from Apprentice School
Huntington Ingalls Industries (HII) hosted commencement exercises on Saturday for 184 graduates of the company’s Apprentice School located at Newport News Shipbuilding.
DryShips declares first dividend under new policy
DryShips announced that its Board of Directors has decided to initiate a new dividend policy. Under this policy, the Company will pay a regular fixed quarterly dividend…
Gloria reachstackers for Messina Group
Kalmar, part of Cargotec, has delivered nine Kalmar Gloria reachstackers to the Italian ro-ro and container shipping line Messina Group. The order includes a Kalmar Complete Care maintenance contract…
Oakland Port to See Cranes Going Higher
Up to six 366-foot-tall cranes will soon be raised 27-feet higher at the Port of Oakland. The port said the $14 million-to-$21 million project will begin this spring at its largest marine terminal.
Portland Port, ICTSI to terminate Lease
ICTSI Oregon, Inc. and the Port of Portland have mutually agreed to terminate a 25-year lease agreement to operate the container facility at the Port’s Terminal 6.
Butzelaar takes over from Whitworth as CEO, Seaspan
On behalf of its Board of Directors, Seaspan ULC (Seaspan) announced today that long-serving Chief Executive Officer (CEO) Jonathan Whitworth, will be retiring at the end of 2017.
East Coast Gateway Terminal Agreement in the offing
The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies…
Mexico’s APM Terminals Open for Business
APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal, received its first official vessel call today with the arrival of the 9,600 TEU capacity…
Socio-Economic Impact of EU Shipping Industry Remains Solid
Adding supply chain and worker spending multiplier impacts, the shipping industry’s total employment contribution rises to 2.1 million people and its total GDP contribution…
HMAS Canberra Sees the Eye of the Tiger
HMAS Canberra has achieved another aviation milestone embarking two Army Tiger Armed Reconnaissance Helicopters for the first time. The two Tigers, will join two…
MOL Group Posts Almost USD 1 Billion Profit in 2016
MOL Group significantly outperformed its initial USD 2bn target for 2016 and delivered a clean EBITDA of USD 2.15bn, which is only moderately down compared with the previous year.
Indian Navy Concludes Tropex 2017
The Indian Navy’s Annual Theatre Level Readiness and Operational Exercise (TROPEX 17) was conducted on the Western Seaboard from 24 Jan 17 till 23 Feb 17. The month…
ABS Takes Offshore Safety to New Depths
ABS, the leading provider of classification and technical services to the offshore industry, has expanded its subsea services team to deliver specialized validation…
MOL Learning Program on Environmental Regulations
Mitsui O.S.K. Lines (MOL) has announced the completion of this year's Project Based Learning (PBL) program at the University of Tokyo Graduate Program for Mechanical Systems Innovation (GMSI)…
Virginia Pilots Orders New Pilot Boat
The Virginia Pilot Boat Corporation has ordered a Chesapeake Class MKII launch from Gladding-Hearn Shipbuilding. The MKII, a new generation of the shipyard’s popular…
‘World’s Greenest Cruise Ship’ Construction Underway
Hurtigruten CEO Daniel Skjeldam pressed the button to officially kick off the construction of hybrid expedition cruise ship MS Roald Amundsen – “the greenest cruise ship the world has ever seen,” according to the ship owner. The new ship is the first of a new generation that will change expedition travel forever, Skjeldam said during the ceremony at Kleven Yards on the western coast of Norway. When launched in 2018…
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The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers. Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below.
Trump Seeks 'Historic' Increase in Defense Spending
President Donald Trump is seeking what he called a "historic" increase in military spending of more than 9 percent, a huge rise even as the United States has wound down major wars in Iraq and Afghanistan and remains the world's strongest military power. Trump will seek to boost Pentagon spending in the next fiscal year by $54 billion in his first budget proposal and slash the same amount from non-defense spending…
Renovation Begins On USCG Cutter Kukui
U.S. Coast Guard Cutter Kukui arrived at the Coast Guard Yard in Curtis Bay, Maryland, Feb. 21, 2017, to begin its midlife maintenance availability (MMA) as part of the In-Service Vessel Sustainment (ISVS) Program. The MMA work on the buoy tenders includes an overhaul of the deck equipment and weight handling gear, updates to the machinery control system and HVAC systems, topside preservation and a stability assessment.
Mech-Tool Delivers Fire System to DSIC Offshore
Darlington based product manufacturer and global supplier of fire, blast and heat protection systems Mech-Tool Engineering Ltd (MTE) said it has delivered a fully certified ABS fire rated wall system for a Chinese turnkey EPC contractor in offshore construction. The company’s stainless steel A60 fire rated wall system will offer the ultimate protection to personnel on the deep-water semi-submersible rig, BT4000, should they need to use the evacuation lifeboats during an emergency.