Charlotte-based manufacturer Curtiss-Wright Corp. has won a series of contracts valued at $480 million to supply parts for the U.S. Navy’s Virginia-Class nuclear submarines. The Navy’s Block IV Virginia Class Submarine Program covers 10 submarines…
Ocean Mineral Singapore Pte Ltd (OMS) has entered into a 15-year exploration contract for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific Ocean with the International Seabed Authority (ISA). Sponsored by the Singapore Government…
During a conference in Oslo, KVH CEO Martin Kits van Heyningen urged maritime operators to utilize big data in order to remain competitiveThe future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data…
MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery…
Cosco (Guangdong) Shipyard secured a contract worth over 129 million yuan ($20.8m) to build one research vessel, to be delivered in the fourth quarter of 2017. The contract will become effective upon the receipt of letter of guarantee from the shipyard's bank…
Carnival Corporation & plc, Meyer Werft and Meyer Turku today announced a multi-billion Euro contract for four 180,000 gross ton large next-generation cruise ships. The ships will feature a revolutionary “green cruising” design and will…
Inmarsat and KVH Industries, Inc., today announced the signing of a reciprocal distribution agreement with immediate effect. Under the agreement, KVH becomes a non-exclusive, global distributor of Inmarsat’s Fleet One and FleetBroadband services…
On Monday 20th of April 2015, Michael Grey of Lloyds List published the article 'Name-calling bullies' where he outlined his opposition to the idea of banning beaching and gave reasons why such a decision would be impractical and unethical for the ship recycling industry…
The global macroeconomic scene has become more volatile, with prominent factors such as oil prices and global currencies causing a commotion. This is resulting in large-scale distributional changes of wealth and income that will impact global trade patterns in the long run if these changes stick…
In response to market demand, members of the G6 Alliance today announced service enhancements in the Asia – North America (Pacific Southwest) trade.Service EnhancementsCentral China 2 (CC2) Service – Additional Pusan callThe CC2 service will be upgraded to include a permanent Pusan call…
One of the best-known commercial fishing vessels in the world, the Cornelia Marie, has just undergone life-extending surgery. The Bering Sea crabber has gained a wide public following both for the family saga of ownership and for her role in…
Rolls-Royce has signed an order for a Live Fish Carrier. This will be the third vessel developed by Rolls-Royce for the Norwegian ship owner Sølvtrans AS, one of the world’s largest transporter of live fish. The Rolls-Royce designed vessel…
Offshore service provider Ezra Holdings has announced that subsea division, EMAS AMC, has won global contracts values at over $115m including options, reports Business Times. These contracts include one for rigid pipe lay for the Aviat field development in the UK North Sea…
Because of demand, the Cleveland-Cuyahoga County Port Authority (CCPA) is doubling the frequency of its service between Port of Cleveland and the Port of Antwerp this year. (The ship makes one stop, near Montreal.) A report in AP says…
Austal joined the Honorable Gabrielle Giffords, her husband, retired Navy captain Mark Kelly, and ship’s sponsor Dr. Jill Biden in celebrating the christening of the future USS Gabrielle Giffords (LCS 10) today in Mobile, Alabama. This is the third littoral combat ship (LCS) in Austal’s 10-ship…