DECEMBER 11, 2018 — Alfa Laval reports that its Gas Combustion Unit (GCU) has been chosen for boil-off gas management on more than half of the LNG carriers built during 2018. This brings the total number of GCUs sold to well over 100.

Since buying the fledgling technology in 2013, Alfa Laval has proven the GCU concept and built up a strong position for the product in the LNG market. The simple and reliable unit has few components and a minimal number of interfaces and

DECEMBER 10, 2018 — Littoral Combat Ship (LCS) 15, the future USS Billings , has completed acceptance trials in Lake Michigan, the ship's final significant milestone before delivery. LCS 15 is the eighth Freedom-variant LCS designed and built by the Lockheed Martin (NYSE: LMT)-led industry team, and is slated for delivery to the U.S. Navy next year.

The trials, included a full-power run, maneuverability testing, and surface and air detect-to-engage demonstrations of the ship's combat system. Major systems and features were demonstrated, including aviation support,

DECEMBER 10, 2018 — Private equity firm Metalmark Capital has made a strategic investment in Norfolk, VA, based T. Parker Host. Financial terms of the transaction, which coincided's with Host's recent acquisition of the Avondale Shipyard site, were not disclosed.

"We welcome Metalmark as a partner in our business and look forward to capitalizing on their financial resources, professional network and industry expertise," said Adam Anderson, Chief Executive Officer of Host.

Adam Anderson remains the majority shareholder, while Andrew Caplan and Kelsey Host, the fourth

DECEMBER 10, 2018 — Uppsala, Sweden, headquartered waterjet propulsion specialist Marine Jet Power (MJP) has welcomed its new Chief Operating Officer (COO), Mia Vikner. In this role, she will be responsible for operational efficiencies as well as process implementation to drive the continued growth of the company.

"We are a growing company," said MJP CEO, Magnus Sörenson. "Mia's expertise will ensure that our continued growth will be sustainable and efficient while furthering relationships with suppliers and vendors worldwide for an optimized supply chain. We are

DECEMBER 10, 2018 — Today, the Panama Canal welcomed its 5,000th Neopanamax vessel through the waterway: the 13,345 TEU containership COSCO Faith. The 366 m x 46.2 m ship transited the Canal traveling southbound from the Atlantic to the Pacific Ocean.

"The steady increase in Neopanamax transits reflects our customer's confidence in the Panama Canal route," said Canal Administrator Jorge L. Quijano. "We reinforce our commitment to continually improve our service to better serve the industry."

The COSCO Faith is part of Ocean Alliance's Manhattan

DECEMBER 10, 2018 — Hull air lubrication specialist Silverstream Technologies reports an increasing uptake of its technology as a fuel and emissions reduction solution. Its recent successes include a major deal with Grimaldi Group to install the Silverstream System on 12 new RO/RO carriers. This follows the successful retrofitting of the technology on Carnival Corporation subsidiary Princess Cruises' Diamond Princess.

" As fuel prices rise as a result of regulation, owners will need a way to mitigate costs. Clean technologies are one of the best

DECEMBER 10, 2018 — Old Dominion University, Norfolk, VA, is collaborating with Lavle USA, Inc., to establish a new Marine Electric Propulsion Simulation (MEPS) Laboratory. The $12 million, 22,000-square-foot lab will be built on 1.33 acres in the heart of downtown Newport News, VA, at 351 25th Street.

Lavle is a joint venture company between Japanese battery company 3DOM and marine engineering, design and systems integration specialist Ockerman Automation.

The lab will house state-of-the-art equipment to develop marine electric propulsion, advanced energy storage, autonomous systems

DECEMBER 10, 2018 — Incat Crowther has unveiled the design of a 44.9 m x 13.4 m double-ended RoPax Ferry being built for Australia's Sealink Travel Group by the Richardson Devine Marine shipyard in Hobart, Tasmania.

The vessel will enter Sealink's Bruny Island service in December of 2019 and is unusual for a double ended vehicle ferry in that it is an aluminum hulled catamaran offering significant fuel savings when compared with a conventional steel monohull vessel. In addition, it is designed for the later

DECEMBER 10, 2018 — The Global Maritime Forum - an international not-for-profit organization committed to shaping the future of global seaborne trade - has chosen Singapore as the venue for its next Annual Summit, to be held October 30-31. The high-level meeting will bring together key industry leaders with policymakers, experts, NGOs and other in decision-makers and opinion shapers to address global challenges and opportunities that are particular important to the maritime industry.

"The maritime industry is undergoing a transformation that has potential to bring