10,257 stories, page 310 of 428
HRH Duke of Kent K.G. performed the official opening of Atlantic House, a new state-of-the-art office facility located on the Raynesway Site. Lawrie Haynes, Rolls-Royce President – Nuclear said: "We are delighted to…
People & Company News
The Resource Power Group appointed Chimas Sylve as Spare Parts Coordinator at its new Deer Park facility near the Houston Ship Channel. “Chimas brings with him knowledge of not only the MaK engine line, but also MaK gas…
People & Company News
AXI International, a Florida-based manufacturer of Diesel Fuel Optimization and Maintenance Systems, announced it has been acquired by AXI International Holdings. The new executive management team includes Islam Nahdi as…
Marine Propulsion
Marinette Marine Corporation (MMC) has been awarded options to build two additional Littoral Combat Ships (LCS). These are the fifth and sixth LCS ships that MMC has been contracted to build under the 2010 block buy…
Shipbuilding
Wärtsilä Corporation has sold all of its 1.987.940 shares in housing investment company Sato Oyj. Wärtsilä will record a capital gain of approximately EUR 25 million on this sale. The tax on the capital gain is…
Contracts
Vietnam's Ministry of Transport (MOT) propose law be amended to enable scrapping of some 22 Vietnam owned ships flying flags of convenience. According to VietnamNet Bridge a recently released MOT report showed that there…
Legal
Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd. The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in…
Contracts
Secretary of the Navy Ray Mabus announces the Navy will go ahead with spending reductions to meet fiscal constraints imposed by sequestration. In ALNAV 014/13, Mabus outlined a variety of reductions in operations…
Legal
Johnson Controls, Inc. to produce Li-ion battery packs from its Holland, Mich. plant for Torqeedo's all-electric boat motors. Torqeedo, a German-based manufacturer, will use Johnson Controls' Li-ion automotive battery…
Contracts
