The metal and mining company Companhia Vale do Rio Doce (CVRD) signed a contract with three national shipyards for the construction of 15 new tugboats (boats that assist in the manoeuver of vessels at ports), 32 barges and two pushers.

Ole Heggheim, Chief Financial Officer and executive vice president of STX Europe, has decided to resign from his position. Byung-Ryun Woo has been appointed as new CFO, and Hans-Jørgen Wibstad has been appointed as senior vice president for…

Northrop Grumman Corporation, based in Charlottesville, has been selected to supply integrated bridge systems (IBS) for six fast patrol craft being built by Austal Shipyards in Australia for the government of Trinidad and Tobago.

MAN Diesel PrimeServ and Maersk Fluid Technology have agreed to form a strategic partnership, where MAN Diesel PrimeServ will represent Maersk Fluid Technology’s SEA-Mate® line of products to operators of MAN Diesel equipment in both the marine and stationary power markets and on a global scale.