Bender Shipbuilding & Repair Co. agreed to seek protection from its creditors, filing a Chapter 11 bankruptcy petition to reorganize.The company announced in a prepared statement that it intended to cut its workforce to about 300 to keep operations…
Earlier this year, Wirth became a fully controlled subsidiary of Aker Solutions, a Norwegian-owned company. Wirth Maschinen- und Bohrgeräte-Fabrik GmbH has since changed its name to Aker Wirth GmbH, reflecting the change of ownership and the integration that has taken place since the acquisition…
Hatteland Display has been selected to supply products to Consilium, a safety and navigation solutions supplier. Hatteland Display will supply their new 23 inch display with LED backlight, in addition to the 19 inch MMD, the 27 inch widescreen, and the recently launched panel computer 19 inch MMC.
Keppel Offshore & Marine Ltd (Keppel O&M) has secured contracts worth over $20.7 million through its overseas subsidiaries for the upgrade and repair of three semisubmersibles (semis). One of these contracts, secured in the Netherlands, is for the inspection and repair of a semi accommodation rig…
The Ship Power business of Wärtsilä Corporation has finished the formal process in Finland and in some other countries, aimed at realigning its organization and resources. The negotiations were initiated at Ship Power to adjust to the substantially weakened global marine market situation…
Senior management from BVT - a joint venture between BAE Systems and VT Group - the Ministry of Defence and Lloyd's Register met in Lloyd's Register’s London Boardroom to sign a contract for survey during construction of the Royal Navy’s two new aircraft carriers…
The United Seamen's Service (USS) 2009 40th Annual Admiral of the Ocean Sea Awards (AOTOS) will be presented to Donald Kurz, President and CEO of Keystone Shipping Co., headquartered in Philadelphia, and to Ronald Widdows, Group President and CEO of NOL (Neptune Orient Lines) of Singapore…
ABS Nautical Systems (NS), a division of ABS, a classification society, announced a series of senior management changes and established a new client-centered operational structure to strengthen its portfolio of fleet management software services for the marine and offshore industries…