Conrad reports loss making year and quarter; TOTE’s Anthony Chiarello to retire

Conrad reports loss making year and quarter
March 29, 2018 — Despite a one-time tax benefit of $1.3 million, Morgan City, LA, headquartered shipbuilder Conrad Industries, Inc. reported continuing net losses in its fourth quarter and twelve months 2017 results.

TOTE President and CEO Anthony Chiarello to retire
He will retire this summer, after nearly 39 years of service in the maritime industry in a number of leadership roles.dots.JPG
VIDEO: MOL ARC7 icebreaking LNG carrier goes to work at Yamal

The ship is the first of three jointly ordered by MOL and China COSCO Shipping Corporation to operate under a long-term charter contract to transport LNG.dots.JPG
Wärtsilä submits EC based BWMS for USCG Type Approval

Wärtsilä says that the system utilizes proven filtration and electro-chlorination technology, while maintaining a high degree of safety, operability and reliability.dots.JPG
LPG-fueled EXMAR tankers to have MAN B&W ME-LGIP engines

LPG has been chosen as the fuel option so that the ships can comply with the new IMO sulfur-emission legislation.dots.JPG
Test shows WinGD X-DF can burn natural gas and VOC fuel mic

The engine sustained high performance throughout transfers.