U.S. shipbuilder Huntington Ingalls Industries (HII) was named one of America’s best employers for new college graduates in 2018 by Forbes. HII was ranked 21 of 250 employers in the nationwide survey.Forbes derived the list from a series of independent...
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Newport Shipping Buys 100 Scrubbers
Newport Shipping Group has purchased 100 scrubbers from Chinese manufacturer Weihai Puyi Marine Environmental Technology Co, with options for an additional 100 units.Newport, which operates a network of 13 drydocks globally, said the bulk purchase…
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Ingalls Orders Automated Shipyard Equipment
Mississippi-based Ingalls Shipbuilding has formalized a future working collaboration with Pemamek Ltd. as the shipyard placed an order for automated PEMA Bulkhead production line. The agreement is a continuum for the large-scale PEMA welding…
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Build It and They Will Buy: The New World of LNG Canada
The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate."The LNG Canada…
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SMIT Salvage Bags US Navy Contracts
SMIT Salvage has acquired two five-year marine salvage contracts to serve as the exclusive marine salvage and engineering support contractor for the Naval Sea Systems Command (NAVSEA), the division of the U.S. Navy responsible for engineering…
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Baltic Index Up on Firmer Capesize Demand
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, rose for an 11th straight session on Wednesday, helped by stronger demand for capesize vessels.* The overall index, which factors in rates for cap...
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Singapore Bunkering Hub Ready for IMO 2020
Singapore authorities are taking measures to ensure the availability of low-sulphur marine fuels ahead of upcoming emissions regulations in 2020, Singapore's Senior Minister of State for Transport and Health Lam Pin Min said on Wednesday."(The) MPA is ...
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Exxon Mobil Eyes Major Investment at Singapore Refinery
Exxon Mobil Corp is considering a multi-billion dollar investment at its Singapore refinery, the company's largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday."We are currently assessing…
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Braemar Shipping Service Chairman to Retire
Braemar Shipping Services announced that its Chairman, David Moorhouse, plans to retire from December 31, after nearly 14 years as a Non-Executive Director, the last three as Chairman. Moorhouse said he is willing to serve longer, if required, to facil...
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Physics Nobel for laser pioneers includes first woman in 55 years
A trio of American, French and Canadian scientists won the 2018 Nobel Prize for Physics on Tuesday for breakthroughs in laser technology that have turned light beams into precision tools for everything from eye surgery to micro-machining.
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