World Wide Metric, a global supplier specializing in the distribution of valves, flanges, piping systems and hydraulic components in JIS and DIN, and ANSI standards, is celebrating its 45th anniversary. In 1970, former ship captain Constantinos Contos…
Danos announced that its Amelia, La.-based fabrication facility has achieved ISO 9001:2008 certification for its quality management system (QMS). Two of Danos’ other locations – the Larose fabrication shop and headquarters in Gray, La. – are already ISO 9001:2008 certified…
Japan delivered on Tuesday two used ships to the Vietnamese Coast Guard to help the Southeast Asian country strengthen maritime security, reports the Japan Times. The two 600-ton vessels, provided in a ceremony in the city of Da Nang, will…
Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens, which found cost categories likely to increase most significantly include crew wages…
Press release - The Lincoln Electric Company, a subsidiary of Lincoln Electric Holdings Inc., announced it is investing approximately $30 million in a new Welding Technology Center on its Euclid, Ohio campus.The Center will focus on the…
Creditors of South Korea's Daewoo Shipbuilding and Marine Engineering Co. will pour 4.2 trillion won about (US$3.68 billion) into the ailing shipyard to help it get back on track, the main creditor bank said, according to South Korea's (Yonhap) News Agency…
Shipbuilders Council of America (SCA) has appointed Rear Admiral Jeff Brooks (Ret.) to Senior Defense Advisor. Brooks joined SCA in October and will focus on advocating, communicating and representing the ship repair industry to all stakeholders and to the U…
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Seoul, Republic of Korea on 16 and 17 October 2015. The meeting was attended by 100 high level representatives of the industry, including…
The Asian Shipowners’ Forum (ASF) warmly welcomes the tremendous effort made by ship recyclers in Alang, India that have recently received Statements of Compliance (SoC) with the Hong Kong Convention from ClassNK, one of the world’s leading classification societies…
The builder of luxury yachts Grand Banks Yachts swung to a net profit of $1.2 million for the first quarter ended Sept 30 compared to a net loss of $1.3 million for the year-ago period. Following restructuring efforts after a major acquisition…
Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts, reports Yonhap. The outlook follows a recent audit by the state-run Korea Development Bank (KDB)…
Shipbuilding and dry bulk shipping company Cosco Corp (Singapore) expects to post a loss in the third quarter ended September 30, 2015 compared to a profit recorded in the same period a year earlier. The financial pain comes on the back of the offshore slump…
Press Release -- ALMACO’s Modernization team sailed onboard Royal Caribbean’s Quantum of the Seas and Anthem of the Seas to perform turnkey deliveries of 17 new crew cabins on deck 2. The scope of work for each of the ships involved the dismantling of the existing crew-dedicated Windjammer…
SSI CEO Darren Larkins continues to consult with shipbuilders around the globe on how to leverage 3D Product Data Models using Autodesk technology. His next presentation on 3D Product Data Models will be October 22 at the shipbuilding and offshore show KORMARINE in Busan…
Huntington Ingalls Industries (HII) hosted Sen. Jeff Sessions (R-Ala.) Thursday at its Ingalls Shipbuilding division, where he toured several areas of the shipyard and walked through the amphibious transport dock John P. Murtha (LPD 26). “The…