Designers, Robert Allan, inform that Leevac Shipyards has completed the construction of the second of their Z-Tech designed 2400 tugs. The latest, 'Zeus', has been delivered to its owners Suderman & Young Towing Company of Houston, Texas following…
In response to specific market demand for insurance cover not formerly available, the Shipowners’ Club has launched a policy for its high net worth super yacht client base to indemnify them against Seafarers Unpaid Wages Following Abandonment (SUWFA)…
David Usher and Charlie Usher, Chairman and President of Marine Pollution Control Corporation (MPC), announced the following staff promotions: Dr. Manik S. Sardessai has been promoted to Senior Vice President. Dr. Sardessai, who earned his Ph…
Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship building and marine engineering segments.COSCO Corp, a subsidiary of state-owned maritime industry giant China Ocean Shipping (Group) Co…
Mitsui O.S.K. Lines, Ltd. announced that its group seafarer manning company, Magsaysay MOL Marine, Inc. has received the Award of Excellence from the Philippine Overseas Employment Administration (POEA). Philippine President Benigno Simeon Aquino III attended the award ceremony…
The Maritime Administration (MARAD) said it is asking for public comment on a proposed policy regarding the factors for obtaining loan guarantees through the Maritime Guaranteed Loan Program, Title XI.Title XI is a discretionary program that provides loan guarantees for vessel construction in U…
The U.S. Coast Guard (USCG) formally recognized the crew of an education vessel at a ceremony Wednesday at Coast Guard Air Station Detroit, located at Selfridge Air National Guard Base, Mich., for saving two people when they responded to a mayday call in the Detroit River on Aug…
The McLean Group announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to 3 Phoenix, Inc. (3 Phoenix) in its sale to Ultra Electronics Holdings plc (Ultra) for an initial cash consideration of $70 million. Additional…
Cummins Inc. has named Jim Schacht General Manager for the Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Schacht will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) globally…
Bollinger Shipyards announces that Daniel “Danny” Richardel has been named Vice President-General Manager of Bollinger Marine Fabricators, Amelia, Louisiana. Ben Bordelon, Bollinger’s Chief Operating Officer made the announcement, stating…
Sandia engineer Greg White has been chosen as one of the 2014 New Faces of Engineering, a recognition program that highlights the work of engineers ages 30 and younger.The award is sponsored by the National Engineers Week Foundation, now the DiscoverE Foundation…
According to multiple published reports including Reuters, two U.S. security workers were found dead on the Maersk Alabama, a ship made famous by the Hollywood movie 'Captain Phillips' in 2013.The two men apparently were found dead in a…
The US Coast Guard says that its nine Great Lakes icebreakers put in nearly four times as many icebreaking hours the first quarter of this fiscal year as compared to previous years, due to harsh winter weather.Pictured to the right: the…
Tura Turizm, the largest cruise line tour supplier in Turkey, received two out of five tour operator awards bestowed by Royal Caribbean Cruises Ltd. at its Tour Operator & Shore Excursion Managers Conference that ended Feb. 7. The Istanbul-based…
The U.K.’s leading maritime intelligence provider, Dryad Maritime has announced the appointment of Nik Askaroff as Chair, the first appointment of its type at the company.Nik has over 25 years’ experience of growing international businesses…
