ONR selects Hamilton Sundstrand for demonstration of energy-dense PEMFC based air-independent propulsion system.UTC Aerospace Systems' legacy Hamilton Sundstrand business was recently awarded a contract by the U.S. Office of Naval Research…
UK-based 'Survival Craft Inspectorate' signs deal to provide for Qatar's onshore & offshore energy sector LS equipment needs.Survival Craft Inspectorate has signed an agreement that will see it establish an operational presence in the Middle East for the first time…
Maersk Line's 'Maersk Illinois' makes her first homeport call in Norfolk, Virginia.The call in Norfolk affirmed the value of the Maersk-Rickmers heavy-lift service and brought together customers and constituents who rely on and support U.S…
Seven Somali's found guilty of piracy against a French fishing vessel, sentenced to 20 years.Following a terrifying attack against the MV Captain St. Vincent in October 2009 the pirates, operating in 2 attack skiffs, were located by a EU an…
Tognum has recently concluded an agreement with a bank consortium for a revolving credit line of €300 million. The credit line has a term of five years. In addition to Commerzbank as the coordinator, seven other banks are involved. Tognum…
The icebreaker 'Xuelong' made the Arctic Ocean passage from China through to Norwegian waters.The Chinese icebreaker completed the Arctic North-East Passage marking the first such voyage by a Chinese vessel and opening an Arctic route connecting…
Teekay Tankers Ltd. reports results for the three months ended June 30, 2012, pays out reduced dividend compared to Q1.Excerpts from the quarterly report follow:In June 2012, Teekay Tankers completed the previously announced acquisition…
The U.S. Navy reports the rescue of 10 mariners from a blazing wooden Iran-flagged boat.The recent rescue by the destroyer USS James E. Williams is at least the seventh involving Iranian sailors in nearly two years and is a reminder of U.S…
Hong Kong-based Profit Summit Deluxe Cruise partner with Thailand's Eastime Shipping for China – Thai cruises.China’s rapidly increasing involvement in cruise shipping investment has been underlined by a recently completed first cruise voyage in the Gulf of Thailand…
Yanmar Europe to display its new V-12 marine diesel engine (12AY) at upcoming SMM 2012 trade fair.With easy installation and maintenance, the purpose-built 12AY is ideal for offshore support vessels, ferries, tugs, commercial fishing craft and other demanding applications…
China Shipbuilding Industry Corp. (CSIC) is developing a manned submersible for dives to 4,500 meters (14,764 ft).The move comes as part of a greater plan for the nation to eventually build a deep sea station where submersibles can dock and oceanauts can work…
Korean companies Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries contract GE technology.The GE equipment will be installed on 23 new LNG ships and represents total propulsion power of 1,105 megawatts.Traditionally,…
New Fjellstrand designed WindServer Trimarans for World Marine Offshore to be classed by GL.As offshore wind developments move further offshore, into deeper waters with more extreme weather conditions, the challenge of providing operations…
As the demand for ship supply services off the island of Sri Lanka grows, so too has GAC Sri Lanka.The company has moved into new, bigger premises at Galle and Trincomaleeand opened a new branch in Hambantota to accommodate increased maritime activities and better meet its customers' needs…
Russia’s first two Borey-class strategic submarines will be ultimately deployed with the Pacific Fleet says Defense Minister.The submarines Yury Dolgoruky and the Alexander Nevsky are undertaking test runs in the White Sea and are expected to be commissioned by the end of 2012…