New clean fuel regulations in California and voluntary slowdowns by shipping companies substantially reduce air pollution caused by near-shore ships, according to a new NOAA-led study published online today in Environmental Science & Technology…
Huntington Ingalls Industries, Inc. (NYSE:HII) said that the company's Newport News Shipbuilding (NNS) division placed an 825-ton superlift on the aircraft carrier Gerald R. Ford (CVN 78) on Sept. 12, completing the ship's stern.Gerald R. Ford is being built using modular construction…
Marco Polo Seatrade has received court approval to obtain fresh financing from Royal Bank of Scotland, one of its senior lenders. The New York Court supervising the reorganisation of Marco Polo approved today new financing to be provided by the Royal Bank of Scotland…
Germany's Luerssen has reportedly made a bid for all of ThyssenKrupp's (TKAG.DE) shipbuilding unit Blohm + Voss, German daily Hamburger Abendblatt reported on Wednesday, according to Reuters.ThyssenKrupp in July scrapped a deal for Abu Dhabi MAR to buy Blohm + Voss.(Source: Reuters)
Noreq AS continues to expand. The increasing demand for our products has resulted in a new company etablishment, NOREQ FZE, a subsidiary with an office in Dubai - the most important business and financial center in the Arab world. Noreq has been represented in UAE for several years by Mr…
John Eckart has joined HS Marine Propulsion, LLC as the Principal Engineer. Eckart has worked in the marine industry for 25 years in the areas of hydrodynamics and ship propulsion. He spent the past 15 years as a principal engineer with Rolls-Royce Naval Marine…
IHC Merwede has entered the international rental market with its standard IHC Beaver dredgers and DMC work boats. The company has identified a demand in the market for vessels and equipment that may only be used for a relatively short period of time…
InterManager members have called for more proactive methods to be developed in the protection of ships transiting pirate-infested trade lanes by launching a campaign to allow owners and third party managers the freedom of choice in employing armed guards onboard ships they manage…
Top Business Leader Starts Seventh Term as City of Houston Appointee. The Houston City Council today unanimously reappointed businessman Kase Lawal to the Port Commission of the Port of Houston Authority for a seventh term. He was initially appointed in June 1999…
MARAD Hosts Public Outreach Meetings for the Panama Canal Expansion Study and America’s Marine Highway Program.Maritime industry stakeholders are invited to participate in a series of day-long outreach sessions sponsored by the U.S. Department of Transportation's Maritime Administration (MARAD)…
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…
