Latest News
Naples, Italy, based shipyard Cantieri Navali Megaride has commissioned Siemens to equip an ocean-going supply vessel for the Italian Coast Guard with the diesel-electric EcoProp hybrid propulsion system. This propulsion solution has been especially developed…
STX Marine reports that it will be providing the designs for two new contracts recently secured by Eastern Shipbuilding Group in Panama City, Fla.The first contract is for a 310 ft multi-purpose light construction vessel…
TV station Fox 11 WLUK reports that Marinette Marine President and CEO Richard McCreary is no longer with the corporation.The report says that Marinette's parent, Fincantieri Marine Group, has decided to "go in a different…
P&O Maritime Services reports that its Multipurpose DP2 Cable Installation vessel, the CS European Supporter, has arrived at Tyneside in the U.K. Following an extensive conversion, the European Supporter has been specially equipped to install…
Brazil's Wilson Sons Limited  has, through its wholly-owned subsidiary Brasco Logistica Offshore Limitada (Brasco), signed a contract for the acquisition of 100% of the issued share capital of Bric Brazilian Intermodal Complex S/A. (Briclog) for…
Pacific Drilling S.A. (NOTC: PDSA) announced today that it has received delivery of its newest drillship, the Pacific Mistral.  The Pacific Mistral is the third of six ultra-deepwater drillships under construction for Pacific Drilling at…
Wärtsilä has reached an agreement with Versa Power Systems (VPS), a leading developer of high-power solid oxide fuel cells (SOFC) to develop and integrate Versa Power's SOFC technology into Wärtsilä products.Based in Littleton, Colorado and…
Israeli shipping magnate and philanthropist Sami Ofer died at his home late Thursday night at the age of 89. His death came after a long battle with ill health.Israel's Haaretz news service reports that Mr.…
Celebrity Cruises' new Celebrity Silhouette has been floated out from Meyer Werft's covered shipbuilding facility in Papenburg, Germany, where numerous area residents lined up to be among the first to see the fourth in Celebrity's …
Aker Philadelphia Shipyard, Inc., the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), has entered into a loan agreement with Caterpillar Financial Services Corporation (Cat Financial) for a construction loan facility and contingent…
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