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Monthly Archives: June 2020

Aker BioMarine to Raise $225M Before Listing

Norway's Aker BioMarine plans to raise 2.15 billion Norwegian crowns ($225 million) in a private share sale valuing it at 8 billion crowns, followed by a listing of the company's stock, its owners Aker ASA and Aker Capital said on Friday.Aker…
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HamiltonJet Unveils Electro-Hybrid Drive (EHX)

Waterjet propulsion specialist HamiltonJet unveiled its new Electro-Hybrid Drive (EHX) system, which it says offers all the advantages of electric drive with the full capabilities of diesel.The system delivers lower fossil fuel consumption (reduced fur...
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Bulk Carrier Rescues Fishermen Off Manila

A bulk carrier picked up four fishermen stranded at sea on June 12 off the coast of Manila, the ship's operated NYK said.The Singapore-flagged CSK Zephyr, owned by Tai Chong Cheang Steamship Co. (Shanghai) Ltd., was sailing from Port Hedland…
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BC Ferries’ Hybrid-electric Newbuids Enter Service

Canadian ferry operator BC Ferries said its newest vessel, Island Aurora, officially entered service Thursday on the Port McNeill - Alert Bay - Sointula (Vancouver Island-Cormorant Island-Malcolm Island) route. This follows last week’s start…
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MN100: Time Is Running Out. Apply Now

Marine News magazine is accepting entries for its annual MN100 awards edition. Each year, the publication's August issue profiles 100 of the top firms in the shallow-draft, brown water, workboat space. Is your company one of the best? Apply…
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The Shearer Group Hires Toerner

The Shearer Group, Inc. (TSGI) announced a new addition to its naval architecture, marine engineering & marine surveying firm, Daniel Toerner.A recent graduate from Texas A&M University, College Station, with a Bachelor of Science in Ocean Engineering,...
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Alfa Laval Inks BWTS Frame Agreements

Alfa Laval announced it has signed two frame agreements, running over the coming three years, for ballast water treatment systems. The agreements comprise firm orders to deliver Alfa Laval PureBallast 3 to about 40 vessels, with options covering…
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Hopper Dredge Sails 2,000 Hours on Biofuel

Jan De Nul Group has completed, in collaboration with MAN Energy Solutions and GoodFuels, 2,000 hours using 100% renewable second generation Biofuel Oil (BFO) on board the trailing suction hopper dredger (TSHD) Alexander von Humboldt. The milestone…
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Ingalls Wins $145 Mln Contract for LHA 9

Huntington Ingalls Industries announced its Ingalls Shipbuilding division has received a third contract modification from the U.S. Navy for $145 million to provide long-lead-time material and advance procurement activities for amphibious assault ship L...
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