Wildcat Defense, part of Wildcat Equity Partners, an American-owned family office led by Eric Nicolaides, has signed an exclusive agreement with the owners of Fraser Industries to buy Fraser Industries in Superior, Wisconsin, parent company to Fraser Shipyards LLC, Lake Assault Boats LLC, Northern Engineering LLC and Fraser Terminal LLC. An in-person announcement took place… Read More
Keel laying ceremony for HAROPA PORT’s Water Injection Dredger 2710 The official start of construction of HAROPA PORT’s new WID 2710 was marked with a keel laying ceremony at our yard. In keeping with maritime tradition, a commemorative coin was placed as a symbol of good fortune for the vessel and her future crew. We… Read More
Key Facts: Crowley has accepted delivery of Venture, a new 82-foot, U.S.-built tug that will execute ship assist and escort operations in the ports of Los Angeles and Long Beach. Venture is powered by twin Caterpillar EPA Tier IV-compliant engines generating more than 6,000 horsepower and delivers up to 95 tons of bollard pull, safely… Read More
Technology group Wärtsilä will supply the engines for two new inland waterway pusher tugs being built by Brazilian shipyard Estaleiro Rio Maguari. The vessels, each of which will be powered by three Wärtsilä 20 engines, will support the river logistics operations of LHG Mining on the Paraguay-Paraná waterway. This is one of South America’s most… Read More
Congratulations to Sumitomo Electric Industries on the opening of their new HVDC subsea cable manufacturing facility at Port of Nigg, Scotland! The facility represents an important investment in the infrastructure needed to connect offshore renewable energy to consumers and strengthen energy security. We were delighted to be part of this milestone and to welcome guests… Read More