According to a Dec. 22 report from Reuters, Daewoo Shipbuilding and Marine Engineering (042660.KS) won an order to build five cargo carriers from Norway's Saga Shipbuilding Norway AS.
The expansion of the number of wind turbines out at sea near the northern Dutch coast was reason enough for Ubels Offshore to expand its fleet with a fifth ship last year.
In 2015 two significant developments are going to make many operators, owners and builders of professional vessels consider hybrid marine power. Firstly the new emissions laws in ports,
GTT receives a new order from Hyundai Samho Heavy Industries for two LNGCs for Teekay
GTT, a designer of membrane containment systems for the maritime transportation
Charleston Harbor deepening project earns key federal funding for preconstruction engineering and design; U.S. Army Corps of Engineers allocates $1.303 million
Lifting industry specialists Modulift and IMES have formed a joint venture to offer an integrated management service to clients internationally.
The two companies