Processing of steel for Hull 483 started on sheet-cutting machine in Shipbuilding Industry Split on 22 September 2015. It is the largest square-rigged ship contracted for a Monaco buyer, the company Star Clippers Ltd.It will be 162 meters long and 18…
The New Jersey Department of Transportation has awarded a $7.6 million contract to dredge the Shark River in Monmouth County after the effects of Superstorm Sandy created a greater need to complete the long-delayed project.Mobile Dredging and Pumping Co…
Wilhelmsen Ships Service (WSS) announced that Frank Liang has been named Regional Offshore Manager Asia, tasked with building the company’s business with rig contractors. According to Sean Neilan, Sales & Marketing Director in Asia Pacific…
One of the first commercial applications of MAN Diesel & Turbo’s new MAN Alpha Kappel FP propeller took place off the coast of China recently when the vessel Elsabeth C, a 58,500-dwt Supramax bulk carrier owned by Frontmarine Co. Ltd – an affiliated and managed company of Lemissoler Navigation Co…
General Electric Co said on Monday it will move production of large, gas-powered engines to Canada from Waukesha, Wisconsin, along with 350 jobs, to access export financing no longer available in the United States. In its latest salvo aimed at persuading Congress to renew the U…
In the largest delegation to date, DP World has recently sent, its very own employees to live, experience and become part of Milan Expo 2015. DP World’s delegation represented the entire company, from leaders and directors to customs specialists and ground staff…
GC “Hidromek” (Russia) and Aker Arctic (Finland) have signed the strategic partnership agreement at NEVA 2015GC “Hydromech” (Russia) Inc and Aker Arctic (Finland) signed an agreement on strategic partnership at the NEVA 2015 International Exhibition and Conferences yesterday…
ABS Chairman, President and CEO Christopher J. Wiernicki has taken part in a series of meetings with maritime industry stakeholders in his capacity as chairman of the International Association of Classification Societies (IACS).Together with IACS Secretary-General Robert Ashdown…
Xantrex recently donated a powerful inverter/charger system, Freedom SW 3024 to empower SPLASH’s (Student Participation in Learning Aquatic Science & History) educational program on a steamboat operating on the Delaware River. SPLASH is…
The impressive response to the INMEX SMM India 2015 that was officially opened yesterday by Deepak Shetty, Director General of Shipping, Government of India, seems to be a clear indication that the green shoots of economic recovery are finally making their appearance in the country…
Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today…
Press Release -- Twenty-nine young women and men are starting their dual studies program today at Voith in Heidenheim. Alternating between the company and the Baden-Württemberg Cooperative State University (DHBW), 22 students will study the…
On April 30, next year the 11th amendment of the Marine Equipment Directive (MED) comes into force, making compliancy with the Bridge Alert Management (BAM) concept mandatory for all navigation equipment.Imtech Marine, as a bridge systems integrator…
Caterpillar Inc said it could cut up to 10,000 jobs through 2018 as part of its restructuring and cost reduction plans to save up to $1.5 billion annually.The company said on Thursday that it would cut 4,000-5,000 jobs by the end of 2016…
At the 2015 Monaco Yacht Show held this morning Fincantieri, leading western shipbuilding group, and Pininfarina, standard-bearer of the Italian design for 85 years, introduced the “Ottantacinque” concept of a latest-generation luxury mega yacht…