According to a July 14 report from Bloomberg, Canada will spend $2.5b to build two supply ships for its navy, Defense Minister Peter MacKay said.
MAN announced it will present a newly developed 12-cylinder V-engine for use in working vessels at the SMM 2014 trade fair in Hamburg, Germany. The German engine
Scorpio Bulkers Inc. announced that it has received a commitment for a $540 million loan facility and provides an update on the financing of its fleet.
On July 21,
Engines customized for new Dutch search-and-rescue lifeboat vessels keep running after full rotation on axis.
In thrashing, unforgiving seas, a capsized rescue vessel used to be a symbol of defeat.