Seadrill emerges from chapter 11
Oslo-listed drillship company will have $2.1bn in cash as a result of the fiscal reset.
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July 2018
Matson Christens First Aloha Class Vessel ‘Daniel K. Inouye’
Largest Containership Built in U.S. Will Serve Hawaii. Matson, a U.S. flag carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY) christened the largest containership ever…
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Twin Disc, Inc. Announces Closing of Veth Propulsion Acquisition
Twin Disc, Inc. a provider of power transmission technology and equipment for marine- and land-based applications, announced today that it has completed the €52.1 million (approximately $60.8 million), acquisition of Veth Propulsion Holding, B.V.
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The Marine Industry’s Top 100 Firms: is yours one of them?
MN100 Deadline Extended to 15 July 2018. At the request of some of our loyal readers and subscribers, We have extended the deadline for the MN100 entry forms to be populated. The MN100, our August print edition, is our annual look at the best 100 firms…
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Thyssenkrupp Hails ‘Fair’ Tata Steel JV
Germany’s Thyssenkrupp called a landmark joint venture thrashed out with India’s Tata Steel “fair” on Monday, although the updated terms disappointed some shareholders.After two years of at times fraught talks, the two steel firms finally signed…
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