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Dubai-based marine geophysical specialist Polarcus Limited (OAX: PLCS) says that it has signed a term sheet for a bank facility of $410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together…
General Dynamics-National Steel and Shipbuilding Co., San Diego, Calif., is being awarded an $11,705,854 modification to previously awarded contract (N00024-08-C-4410) for the USS Harpers Ferry (LSD 49) fiscal 2011 extended docking phased maintenance availability.  An…
The European Union (EU) will provide EURO 9.57 million towards a study to examine the feasibility of developing LNG refueling infrastructure for ships in Northern Europe. The grant will also fund a pilot project to…
West Coast law firm Keesal, Young & Logan (KYL) notes that In an opinion issued June 10, 2011, a Los Angeles Superior Court ruled that California's laws regulating smoke emissions from ships' diesel engines are…
Singapore's Otto Marine Limited says that its Karp Marine Limited unit has secured vessel operating contracts worth US$15 million for three of the group's offshore service vessels.These contracts mark the Group's entry into new vessel…
J. J. Sietas KG of Hamburg is the first German shipyard to build an installation vessel for the erection of offshore wind farms. Siemens Marine Solutions will supply the ship's diesel-electric propulsion and automation system…
SkipperLiner, LaCrosse, Wis., recently delivered the vehicle ferry Pride of Cassville to the city of Cassville, Wi. The ferry comprises a passenger/vehicle barge and a towboat.The ferry will transport vehicles and passengers across the Mississippi…
Wärtsilä Corporation has licensed CSSC Guangzhou Marine Diesel Co.Ltd (GMD), a member of the state-owned China State Shipbuilding Corporation to manufacture and sell Wärtsilä  two-stroke engines in China. The license agreement covers the entire engine…
Classification society Bureau Veritas has cut the reporting time for a Condition Assessment Program (CAP) report from three months to one month and has also improved the accessibility and usability of the report. Shortening the…
VT Halter Marine, Inc. has delivered the final articulated tug barge (ATB) unit in a series of ten built for Crowley Maritime Corporation's subsidiary, Vessel Management Services, Inc. Since construction of the first unit in…
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