The Crown Commissioners announce a site leasing program to encourage investment in a range of offshore wind test & demonstration projects, including a leasing round for floating offshore wind technology.The Crown Commissioner's plans were…
Global law firm White & Case LLP announced the availability of a new report, 'Restructuring & Beyond: The marine industry's routes to safety.' The report focuses on survival strategies for those affected by the industry's downturn as well as emerging opportunities for companies…
International subsea equipment solutions specialist Ashtead Technology has added to its management team with the appointment of Tim Sheehan as commercial director.The appointment, which is a new position, comes as part of the company’s strategy…
MAN Diesel & Turbo is to supply eight engines for the diesel-electric propulsion of two cruise ship newbuildings to Fincantieri Cantieri Navali Italiani S.p.A. The company is delivering the engines in cooperation with Alfa Laval who will supply…
Maersk Line’s newest vessel, the first of the Triple-E series, was named this morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. It bears the name of the late Mærsk Mc-Kinney Møller, who passed away in April 2012 at the age of 98…
Royal Caribbean International announced the appointment of Carol Schuster to Senior Vice President of Marketing. Ms. Schuster joins the global cruise line with a proven track record and extensive background in building global brands, as well as new market entry…
Standing on the naming platform with the ship's Captain Tony Draper, The Duchess of Cambridge pronounced, 'I name this ship 'Royal Princess'. May God bless her and all who sail in her.' The Duchess then cut the rope that sent a giant Nebuchadnezzar…
The Department of Defense announce, amongst others, Navy contracts for Gravois Aluminum Boats, and Marine Hydraulics International.Gravois Aluminum Boats LLC, Jeanerette, La., is being awarded a $9,634,577 firm-fixed-price, indefinite-delivery/indefinite…
Expected to begin launching in 2015, Iridium NEXT is the next-generation satellite constellation & the world’s largest ongoing commercial space venture. The new system, say Iridium, is designed to drive innovation, create opportunities and…
It has been an active week in the shipbuilding market, especially in the dry bulk sector, according to Clarkson Hellas's 'Weekly S+P report'.Apart from a single Panamax order and declaration of some Capesize options, ordering has been primarily…
The record-breaking manned submersible was brought to the Navy Yard to be with the Trieste, which is housed in the National Museum of the United States Navy. The Navy museum says that a large number of school children stop by to see Deepsea Challenger…
Nicaraguan lawmakers grant a 50-year concession to a Chinese company to design, build & manage a shipping channel across the Central American nation to compete with the Panama Canal, reports Reuters.The $40 billion proposal by HK Nicaragua…
Widen Enterprises has been contracted by Crowley to replace its high-maintenance installed system with cloud-based Widen DAM.The new system aims to provide Crowley with a better user experience for employees and to gain greater system configuration options…
COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply.Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts…
The European Investment Bank (EIB) has granted a EUR 150 million loan to Wärtsilä to finance the company's research, development and innovation (RDI) activities in several European countries. The contract for the 10-year loan was signed in Helsinki…