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HII (NYSE: HII), America’s only builder of nuclear-powered aircraft carriers and leading provider of mission-driven defense technologies, announced today that its Newport News Shipbuilding division has reached a significant milestone in the compartment and systems construction of aircraft carrier John F. Kennedy (CVN 79). Newport News recently turned over to the ship’s crew the 1,000th compartment of the… Read More
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built container ships operated by Seamax. “As the container ship market remains strong and our charter exposure solid, we appreciate CIT’s expertise in arranging financing for these vessels, which aids us in executing on our business strategy,” said Ron Petrunoff,… Read More
J.F. Brennan Company, Inc. has been busy lately working on the sediment cleanup projects in Minnesota. “Last week, I was able to visit four different projects we have going or will be starting in the St. Louis River in Minnesota,” said Andrew Timmis, J.F. Brennan Company, Inc. Director of Business Development – Environmental Group. “The… Read More
Fincantieri Marine Group and its board of directors announced today that its current general manager, Marco Galbiati, has been named as the new CEO effective July 6, while former CEO Dario Deste remains the company’s president. Galbiati was FMG’s general manager, a role that he held since 2018. In this capacity he has been heavily… Read More
Entrepreneur Hockema endorsed the “work from home” lifestyle long before it became fashionable, founding his boutique naval architecture firm 25 years ago in Seattle. Today, he and his like-minded colleagues continue to work mainly from home, and the firm has grown and prospered from its laid-back lifestyle and world-class designs for deck barges, dredges, tugs… Read More
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has revealed its plans to hire more than 2,000 full-time shipbuilders. The recruitment drive is part of its future workforce plans. According to the HII, a hiring event will be hosted by Ingalls Shipbuilding’s talent acquisition team at the Ingalls Maritime Training Academy, Jerry St Pé Highway, on 9 July…. Read More
NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today announced that they have entered into a definitive Equity Purchase and Contribution Agreement (the “Purchase and Contribution Agreement”) to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (the “JV” or the “Platform”) between funds managed… Read More
The World Shipping Council (WSC) is excited to welcome three new team members to further its work for the future growth of a safe, secure and sustainable shipping industry. Anna Karklina has joined our Brussels office in the position of EU Policy Advisor. She works across all topics, assisting in the regulatory monitoring and lobbying… Read More
The World Shipping Council (WSC) is excited to welcome Pacific International Lines (PIL) as a new member, to join in its work for a safe, secure and sustainable industry. A Singapore home-grown container shipping line incorporated in 1967, PIL is currently ranked 12th in the world with a fleet of around 100 container vessels. Its… Read More
Finnish propulsion solution specialist Steerprop has made two key appointments at its newly established Houston-based subsidiary Steerprop, Inc. As we reported previously, Steerprop has set up the new subsidiary to meet its North American customers’ needs for local support. This strategic move includes setting up proprietary sales and maintenance services as well as building substantial warehouse facilities. Now… Read More
The International Marine Contractors Association (IMCA) has appointed Dustin Varnell to its Business Development team. Based in Rhode Island, Dustin will focus on the U.S. offshore wind energy market, complementing the work of Bruce Gresham, IMCA’s Director of Client Engagement in the U.S. Allen Leatt, IMCA CEO stated: “As a Master Mariner on dynamic positioned… Read More
Elliott Bay Design Group (EBDG) has been involved with numerous cutting-edge vessel designs. Many of these have had a green focus. The Seattle-based naval architecture, marine and electrical engineering company provides its services to vessel owners, operators and shipyards across the country. In this Q&A, we talk to John Waterhouse, founder and principal of EBDG… Read More
Dirk Lesko, whose retirement as president of GD’s Bath Iron Works (BIW) shipyard in Bath, Maine, in April caught many by surprise, is to assume the role of president of Canada’s Irving Shipbuilding Inc., effective September 1, the company announced today. Lesko will succeed another American, Kevin Mooney, whose resignation from Irving last month for personal reasons… Read More
Col. Peeples joined Lt. Gen. Spellmon as he pinned the one-star insignia onto her uniform in front of LRD workforce, as well as Col. Peeples’ family and friends. “I want to start off by saying thank you for this privilege, said Lt. Gen. Spellmon. “It is truly an honor when you’re asked by an officer… Read More
MarineMax recently announced the promotion of Jim Connor to the role of Vice President. Jim will continue to lead the award-winning Naples operations while supporting his team’s success and expanding loyal customer base. Kyle Langbehn, MarineMax President of Retail Operations, comments, “Jim has achieved unparalleled success during his tenure at MarineMax. Under his leadership, Jim… Read More