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MAY 16, 2013 — MAN Diesel & Turbo's reports that its latest G-type engine recently passed its type approval test (TAT) at HHI-EMD, the engine and machinery division of Hyundai Heavy Industries. The ultra-long-stroke G60ME-C9 engine was put through its paces under the eye of a large number interested observers, including representati ...

MAY 16, 2013 — Singapore authorities have charged four men for their involvement in an alleged bunker delivery scam. The four accused persons are Antonov Sergey ("Antonov") employed by M/s V Ships UK, as the Chief Engineer of the vessel MT Front Splendour; Jason Choo Soo Beng ("Jason"), Cargo Officer with Sea Hub Energy Pte Ltd, ...

MAY 15, 2013—Preparations are well underway for what promises to be the marine salvage event of the year. The 2013 Nation ...

MAY 15, 2013 — U.S. Merchant Marine Academy Superintendent James Helis has succeeded in his quest to evict the USMMA Alumni Association & Foundation (AAF) from its offices at Babson Center on the Academy's Kings Point, NY, campus. The USMMA  thus becomes the only U.S. service academy not to have its alumni ass ...

MAY 15, 2013 —Tidewater Inc. (NYSE: TDW), through a wholly-owned subsidiary, has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for approximately $395 million. The acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand Tide ...

MAY 15, 2013 — Secretary of Defense Chuck Hagel yesterday sent a memorandum directing furloughs of 11 days for most Department of Defense civilian employees. However, an attachment to the memo said: "Employees in Navy shipyards will be excepted from furlough because it would be particularly difficult to make up delays in maintenance work on nuclear ...

MAY 15, 2013 — The Operation Commander of the EU Naval Force, Rear Admiral Bob Tarrant, has issued a renewed warning that Somali pirates are still determined to get out to sea and, if presented with an easy target, will attack. The Admiral's warning comes days after EU Naval Force warship ESPS Rayo loca ...

MAY 15, 2013 — Morgan City, Louisiana, headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD.PK) has reported its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad achieved net income of $5.9 million and earnings per diluted share of $0.99 compared to net incom ...

MAY 15, 2013 — Classification society DNV reports that 2012 saw revenues increase by 27 percent compared to 2011, though high scrapping levels saw the number of ships and mobile offshore units classed by the society fall from 6,134 at the end of 2011 to 6,115 at the end of 2012. DNV Group CEO Henrik O. Madsen says 2012 can be char ...

MAY 15, 2013 – ABB has signed a long-term Preventive Service agreement with Hong Kong based China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the next five years. The contract commenced January 1, 2013. Throughout the five-year contrac ...