Stay in your lane. Ignoring such wisdom can result in catastrophe if you’re drag racing and lead to general unpleasantness on bowling league nights. This same guidance in other circumstances, for example, can be toxic. It can inhibit innovation and, at the worst possible moment, prevent the sensible use of available resources to improve a bad situation.
A Lockheed Martin-led team has secured a multibillion dollar order from the U.S. Navy to build four Multi-Mission Surface Combatants ships for the Kingdom of Saudi Arabia, as part of the U.S.’s Foreign Military Sales program.Fincantieri Marinette Marine (FMM), who has been working with Lockheed Martin
The evolution of marine design is increasingly influenced by three drivers: New three-dimensional design tools, the increasing complexity of power systems, and new access to high-latitude shipping routes. While new digital design tools are a natural progression of the current Information Age
At the very cutting edge of clean, modern and ultra-efficient propulsion and automation solutions, ABB takes its rightful place amongst MarineNews' prestigious 2019 MN100 winners.The Case:ABB believes that modern ships will be built on the foundation of electricity. This expands their range of viable energy sources beyond traditional fuel to for instance batteries and fuel cells.
VT Halter in Pascagoula, MS has been on a strong run, capped by its winning the high-profile contract to build the U.S. Coast Guard’s next generation of icebreakers. Maritime Reporter recently spoke with Ron Baczkowski, President and CEO, VT Halter Marine, for insights on the shipyard’s recent success and future prospects.
In one a dramatic U.S. shipbuilding and repair move it was announced today that The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management signed a definitive agreement to acquire and merge Vigor Industrial LLC, an infrastructure, defense, and maritime services company based in Portland, Oregon, and MHI Holdings LLC, a ship repair, maintenance
Kirby Corporation (“Kirby”) (NYSE: KEX) has announced net earnings attributable to Kirby for the second quarter ended June 30, 2019 of $47.3 million, or $0.79 per share, compared with earnings of $28.6 million, or $0.48 per share, for the 2018 second quarter. Excluding a one-time charge related to the retirement of Kirby’s Executive Chairman
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop
A new vessel being built to operate along the Rhône river in France will be the world's first push boat to run entirely on hydrogen fuel cells.The newbuild for the France-based Sogestran Group subsidiary Compagnie Fluviale de Transport (CFT) is due for delivery in 2021 and will feature a fuel cell based power and propulsion solution from ABB through its role in FLAGSHIPS
Wight Shipyard Co. (WSC) debuts a hybrid patrol vessel designed to reduce both fuel costs and engine maintenance.“This ground-breaking project aims to set new standards in high speed, fuel economy and light weight vessels in the sector. Building greener vessels has been an integral focus for some time now so moving into hybrid options is the obvious next step forward,” said Peter Morton, CEO
Niagara Falls tour operator Maid of the Mist orders two new passenger vessels sailing on pure electric power, enabled by ABB’s technologyVisitors to the iconic Niagara Falls will soon be able to experience one of the USA’s top landmarks emission-free. Two new Maid of the Mist passenger vessels will be powered entirely by high-capacity battery packs
A maritime consortium, including ABS and Sandia National Laboratories, recently proved the viability of a hydrogen fuel cell ferry designed for operations in the environmentally sensitive San Francisco Bay area. The IMO’s mandate to cap the sulfur content in marine fuel at the start of next year may be the biggest regulatory change in shipping since the requirement for double hulls