Maritime Propulsion News
10,257 stories, page 345 of 428
Finnlines Charters Out RoPax Ship
Finnlines cuts excess capacity by 5-year bareboat charter of 'MS Europalink' to mother-group Grimaldi. The RoPax vessel MS Europalink will sail under Italian flag in the Mediterranean Sea after carrying out some…
Contracts
ILS & Danaos Collaborate on Network Shipping Management Services
Inventory Locator Service sign MOU with Danaos Management Consultants to develop cloud-based procurement & management services. Together the companies will develop a platform called MarineHubsm, a network of companies in…
People & Company News
Shipbuilders Struggle in Challenging Market
Shipyards in the major exporting regions all report significant year-on-year drops in new contracting activity. For new-buildings there is no doubt that the market continues to remain challenging, particularly for the…
Shipbuilding
HII Q3 2012 Reports Significant 2015 Milestones Reached
Huntington Ingalls Industries reports third quarter 2012 revenues of $1.60 billion, up 0.2 percent from the same period last year. Highlights : Revenues were $1.60 billion for the third quarter 2012 Diluted earnings per…
Shipbuilding
Tognum's Revenues Up in Latest Financial Report
Propulsion & power providers Tognum confirm 2012 forecast in financial report ended 30, September. Highlights: • Solid order intake at €2,296.3 million in the first nine months • Revenues increase to €2,092.7 million •…
Finance
IMO Adopts Pacific Domestic Ferry Safety Action Plan
An Action Plan adopted at recent IMO Forum in Suva, Fiji, to address safety concerning Pacific area dometic ferry operations. Recent losses of domestic ferries worldwide, including the sinking of the Rabaul Queen in…
Legal
UK Government's Vessel Funding Competition Explained
IMarEST Ship Propulsion Systems Conference speaker explains the government's new initiative in advance of upcoming meeting. The UK Government’s Technology Strategy Board (TSB) is shortly to announce the launch of a…
Technology
Low Mississippi Water Levels Threaten US Economy
The American Waterways Operators (AWO) & Waterways Council, Inc. (WCI) warn barge transportation could stop in December. AWO and WCI call upon Congress and the Administration to address a developing situation on the…
People & Company News
Somali Counter-piracy Offensive Paying Off
Piracy off the Somali Coast falls to lowest levels in years as result of tough measures on land & at sea . As Kenyan Defense Forces continue to weaken Al-Shabaab on the ground in Somalia, new reports indicates Somali…
People & Company News
KBR Gets Australian FLNG Design Contract
KBR contracted for Floating Liquefied Natural Gas (FLNG) vessel design by GDF SUEZ, which also pre-qualifies KBR to contend in delivery phase. GDF SUEZ Bonaparte Pty. Ltd. is the operator of the Bonaparte LNG project…
Contracts
Jailed Pirates Fired RPG's at Tanker 'For Fun' Said Defence
The Supreme Court of the Seychelles recently found 15 Somalis guilty of piracy and jailed them for up to 18 years. Judge Mohan Burhan rejected their defence that they were fishing and having fun as they fired rockets at…
Legal
Korean Shipbuilders Vexed by Cancelled Orders
Some owners are cancelling as they lack funds to complete the purchase of the ship. Many of the orders are being cancelled after the ships have been built, as the buyers find they can't pay for the product amid worsening…
Shipbuilding