According to a regulatory filing, Hyundai Heavy Industries (HHI) racked up 10.2728 trillion Korean won in sales for Q1 2016, a 7.8 percent decline from the previous quarter while operating income swung to a profit of 325.2 billion won, putting an end to a nine-quarter losing streak…
Fourteen light bulbs, representing electrical loads at different parts of campus, attached to a large plywood board lit up then, controlled by a sensor, turned off one by one or in small groups. The board, though several square feet, was…
SUNY Maritime College will host its annual Admiral’s Scholarship Dinner May 3. This year’s event, organizers say, will be “out of this world.” Tom Higgins, ’80, executive vice president and chief administrative officer of First Data, a global…
153rd meeting of the classification society highlights class-centric strategy and vision for the future of class ABS held its Annual Meeting on April 26, 2016 in New York, where Chairman, President & CEO Christopher J. Wiernicki reported…
The voyage data recorder (VDR) belonging to sunken cargo ship El Faro was found early Tuesday morning in 15,000 feet of water, about 41 miles northeast of Acklins and Crooked Islands, Bahamas, the National Transportation Safety Board (NTSB) announced…
Viega LLC announced that it will move its North American headquarters to Broomfield, Colorado, where it will build a new headquarters and educational training facility, with construction set to begin this summer. Relocation activities will begin immediately…
The International Maritime Employers’ Council (IMEC) and the International Transport Workers’ Federation (ITF) have agreed to invest $3 million in Ukrainian marine training. The donation is being made from the Seafarers’ Employment Promotion Fund (SEPF)…
Aiming to provide niche control over managed/owned vessels, Indian maritime based software provider Orion Marine Concepts has released a strategic intelligence software suite approved by DNV GL. Orion Marine along with Chembulk Tankers,…
Six Turkish members of a cargo ship's crew who were kidnapped by pirates off the coast of Nigeria two weeks ago have been released and are safely back in Istanbul, a lawyer for the shipping company said on Tuesday. 'The six of them have been released and are back in Istanbul…
There’s a unique new artwork on display at one of Manhattan’s best-known cultural hubs, and it was GAC that delivered it from Europe to the Big Apple. Van Gogh’s Ear, a sculpture by Scandinavian artists Michael Elmgreen and Ingar Dragset…
Newbuilding Department of Nauta Shipyard has begun construction of fully equipped fishing vessel - Ocean Star with a steel cutting ceremony held on April 26. The ceremony was attended by representatives of shipowner, DnV and Warthill Design…
Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros. The deal will give Genting Hong Kong the core expertise…
KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network. This milestone reaffirms the company’s top…
France's state-owned naval contractor DCNS Group has won a A$50bn ($40 billion) contract to build 12 submarines for the Australian Navy, beating bids from Japan and Germany. Malcolm Turnbull, Australia’s prime minister, announced that DCNS…
The International Maritime Organization (IMO) agreed this week that the Baltic Sea special area for sewage discharges from passenger ships under Annex IV or the MARPOL Convention will take effect by latest 2021 for IMO registered passenger vessels…