U.S. Navy Christens New Military Vessel in Mobile, Alabama at Austal USA.The Navy will christen the Joint High Speed Vessel (JHSV) Spearhead Saturday, Sept. 17, 2011, during a 10 a.m. CDT ceremony in Mobile, Ala. Chief Warrant Officer 4 Kenneth Wahlman…
ZF Marine has taken delivery of a new 50 foot Viking Sportfishing yacht. The purpose of this vessel will be to demonstrate the ZF POD 4000 propulsion system. The vessel is equipped with two Caterpillar C18 engines each producing 1150 bhp. These engines are mated to ZF 500 series transmissions…
Company Makes $7.0 Million Semi-Annual Interest Payment on 4.25% Convertible Notes within Grace Period. Refinancing of Company's Capital Structure on Schedule.Horizon Lines, Inc. (NYSE: HRZ) today announced that it has closed on a bridge loan facility of up to $25…
Bryan Nichols, one of the leading maritime business development professionals in the Pacific Northwest, is joining forces with VIGOR Industrial, which owns and operates the premier shipyards in the region.Nichols joins VIGOR as a sales representative for the company…
This and recent agreements with Port of Miami and Port of Palm Beach solidify Florida Inland Port’s position as the premier inland port / integrated logistics center serving the southeastern U.S. Florida Inland Port today announced the…
VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced the delivery of Endurance, the second 8,000 hp Articulated Tug Barge (ATB) tug to Overseas Shipholding Group, Inc.This is part of a…
The Republic of the Marshall Islands Maritime Administrator issued the following media statement in response to the United States Coast Guard Report of Investigation into the Circumstances Surrounding the Explosion, Fire, Sinking and Loss of…
Seafarers’ organisations, shipping companies together with business leaders and the biggest ever grouping of shipping industry associations, which have joined forces to campaign against Somali piracy, have received a welcome boost from the British…
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)/U.S. Coast Guard Joint Investigation Team (JIT) today released its final investigative report on the April 20, 2010, Deepwater Horizon explosion, loss of life, and resulting oil spill…
The UNCTAD secretariat is convening an Ad Hoc Expert Meeting on 'Climate Change Impacts and Adaptation: A Challenge for Global Ports', to be held in Geneva on 29-30 September 2011. Following earlier related activities (see www.unctad.org/ttl/legal…
DryShips Inc. (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the results of its 2011 Annual General Meeting of Shareholders (the “Meeting”)…
Rolls-Royce, the global power systems company, has won a contract from India’s Cochin Shipyard to supply 60 water jets for a new fleet of 20 Fast Patrol Vessels for the Indian Coast Guard.The contract will involve the supply of Rolls-Royce Kamewa 71S3np water jets (three per vessel)…
Lloyd's Register Educational Trust-funded collegium provides innovative forum to find solutions for the carbon capture and storage industry. University of Southampton-based initiative combined students, faculty and the private sector. A…
The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners’ associations represent all sectors and trades and over 80% of the world merchant fleet, met in London on 13 September. CO2 RegulationICS…
Swedish-based MJP Waterjets has succeeded in combining steering and reversing of two jets simultaneously into a central column operating both jets in parallel by means of a single hydraulic control. This new design of the steering and reversing…
