Maritime Propulsion News

People & Company News

Dresser-Rand to Acquire Synchrony

Dresser-Rand Group Inc. (NYSE: DRC) signed a definitive agreement to acquire Synchrony, Inc. The transaction is expected to close in January 2012. Synchrony is a technology development company with a portfolio of…

8 Dec 2011

Contracts

China Yard Wins Order for 10 + 10 Tankers

China Rongsheng Heavy Industries Group Holdings Ltd, the country's largest non-state-owned shipbuilder, reportedly received orders for 10 Suezmax tankers, with an option for another 10, according to a Reuters report…

8 Dec 2011

Iran Tanker Company to Add 21 Tankers

The managing director of the National Iranian Tanker Company announced that 21 new tankers will be added to the national fleet by the end of 2013, reaching the country’s crude transportation capacity to 180 million tons…

8 Dec 2011

People & Company News

Iraqi Navy Ship Repair Facility Opens

VSE Corporation's GLOBAL Division teamed with the U.S. Naval Sea Systems command December 1 at a ribbon cutting ceremony to commemorate the official opening of the Iraqi Navy Ship Repair Facility (SRF) in Umm Qasr, Iraq…

6 Dec 2011

People & Company News

Coast Guard's 3rd Fast Response Cutter launched

The Coast Guard announced Wednesday the launch of its third Sentinel-class, Fast Response Cutter, the William Flores, at Bo llinger Shipyards, Lockport, La. The launch of the William Flores into the waters of Bayou…

30 Nov 2011

People & Company News

UN Conference to Reduce Gas Emissions

At the United Nations Climate Change Conference in Durban, South Africa (COP 17, Nov. 28 to Dec. 9, 2011), the global shipping industry, Oxfam and WWF have joined forces to suggest to governments how the further…

30 Nov 2011

Contracts

Groen Orders Two SRSV's

Dutch Shipping Company Groen has ordered two Seismic Research & Support V essels (SRSV’s) with Maaskant Shipyards Stellendam (Netherlands), part of the Damen Shipyards Group. Maaskant has broad experience in maintenance…

29 Nov 2011

New Products

Northern Lights Produces Hybrid-Marine Solution

Marine NewsWire- Northern Lights, Inc. (NLI), is redefining the traditional engine room with an unmatched hybrid-marine solution. NLI combines its high-performance Lugger propulsion engines with BAE Systems' HybriDrive…

29 Nov 2011