KBR subsidiary Sweden's GVA signs license agreement with DSME for fabrication of semi-submersible rigs.GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in Korea for the fabrication of its GVA 4000NCS…
LMS Shipmanagement & Wallem Group team up to provide ship management, crewing, & marine technical services.International Shipholding Corporation (ISH) announce that LMS Shipmanagement, Inc., its wholly-owned subsidiary, and Wallem Group Ltd…
McMurdo Marine Systems shows off its Oceania Marine Tracking Buoy System in Hamburg.“The Oceania Marine Tracking Bouy has been designed as a versatile tracking and monitoring system that can be tailored to suit a wide range of applications such as oceanography data monitoring…
US-based Smiths Detection wins contract from U. S. Navy for METMF(R) NEXGEN additional mobile weather information systems.Smiths Detection announce a US$7.6-million contract to supply the U.S. Navy with additional mobile weather information…
Northwest Energy Innovations deploys first wave energy converter at National Marine Renewable Energy Center, off Oregon coast.After a multi-day installation operation, Northwest Energy Innovations (NWEI), a Portland-based company, has successfully…
Hornbeck Offshore expands OSV new-build program, anounces retrofits & other related developments.The Company has exercised the first four of its 48 options to build additional HOSMAX vessels at an aggregate incremental cost of approximately $180 million…
Brazil's mining giant Vale sells 10 VLOCs for US$600-million to Turkey’s Polaris Shipping.The Brazilian company said that the transaction would improve cash flow while still maintaining its maritime ore shipping capacity. The ships will be chartered back to Vale…
Axis Wake Research honors US armed forces with Special RECON Edition boat, proceeds to benefit injured war veterans.This special edition was inspired by team rider Keith Lyman, who decided to leave professional wakeboarding to serve in the Army last year…
Northrop Grumman contracted by Chengxi Shipyard to supply navigation bridge equipment for a series of new 39,500-dwt dry bulk cargo ships.The contract is for the supply of navigation bridge equipment for a series of 39,500-dwt dry bulk cargo…
Reservations for Crystal Cruises surged with the highest ever August booking week and month recorded in its history. Crystal Cruises report that With the expiration of its August 31 'Book Now' fares, travel agents booked more than 110% more…
Kirby Corporation agrees to purchase assets of Allied Transportation Company, a subsidiary of Allied Marine Industries, & two affiliated companies. Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator…
Rolls-Royce announce the United States Environmental Protection Agency (EPA) has approved its C-class engine for sale in the U.S. market.The C-class is a state-of-the art marine gas engine designed to improve fuel efficiency, dramatically…
Applied Weather Technology, Inc. (AWT) introduces its Fleet Decision Support System (FleetDSS).The new fleet management system is completely customizable, designed to improve efficiency and fleet safety while facilitating reductions in total voyage costs…
Dual-fuel marine diesel engine newcomer L35/44DF offers full flexibiltiy.MAN Diesel & Turbo introduce its L35/44DF engine, the latest addition to its four-stroke portfolio. Spurred on by developments in environmental legislation and the strict emission limits resulting from that…
Owners of Very Large Crude Carriers (VLCC) by agreeing to current low rates are effectively paying shippers for the priviledge.Hire costs for the largest oil tankers are so low and the oversupply of the vessels is so acute that shipowners are paying to carry crude for clients…