At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel, the Norwegian company Salmon Star AS, were present at the event…
Hatteras/Cabo Yachts, LLC has welcomed Wade Watson to the company. He has joined the company as chief operating officer, reporting directly to Hatteras President and CEO, John Ward. Wade will oversee daily operations at Hatteras’ manufacturing plant in New Bern…
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors has successfully been certified to European Standards EN 1090 – 1 and EN 1090-2. The certification program is part of the European Union’s Construction Products Regulation CPR 305/2011…
Wallenius Wilhelmsen Logistics’ (WWL) has added MV Themis, fourth Neo-Panamax class vessel, to its fleet. 50% of the company’s newbuilding order now complete. Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long…
Austal Limited successfully completed Full Shock Trials by USS Jackson(LCS 6) on July 16, 21016. The Navy stated that USS Jackson (LCS 6) “performed exceptionally well” during her third and final underwater explosion as part of her Full Ship Shock Trials (FSST)…
Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to build three Trailing Suction Hopper Dredgers (TSHDs). The TSHDs are worth about S$100 million in total…
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading industrial plant EPC contractor,won $101.6 million worth of order to supply two vacuum vessel sectors (No.7, 8) for ITER (International Thermonuclear Experimental Reactor)…
The Board of Directors of Triyards Holdings Limited announced that Mr. Yeo Keng Nien has resigned as the Company Secretary of the Company with effect from 15 July 2016.The Board would like to thank Mr. Yeo Keng Nien for his contributions…
Philly Shipyard, a U.S. commercial shipyard constructing vessels for operation in the Jones Act market has announced acash dividend to be paid by PHLY. The schedule is as follows: Dividend amount: USD 0.25 per share…
The situation of the shipyards in the world and in particular the struggles of the Korean shipbuilding industry has received a fair amount of attention in the shipping press, as well as in more general news outlets. Poten and Partners discusses…
New ship orders placed at Japanese yards fell by 80% during H1 2016 compared to H1 2015, according to data from the Japan Ship Exporters' Association (JSEA). According to ALIBRA Weekly Market Report , this is the worst decline since the autumn of 2008 in terms of gross tonnage…
South Korean shipbuilder Hyundai Heavy Industries said on Wednesday that its affiliate aims to sell its brokerage unit Hi Investment & Securities by the end of this year. The affiliate, Hyundai Mipo Dockyard, holds an 85 percent stake in Hi Investment & Securities…
Korean shipowner ILSHIN and HMD (Hyundai Mipo Dockyard Co., Ltd.) have signed a shipbuilding contract for a 50,000 dwt bulk carrier.Notably, the vessel will be powered by an MAN B&W 6G50ME-C9.5-GI engine, to be built by HHI-EMD who will also supply the ME-GI and fuel gas supply system…
Holland America Line celebrated a significant construction milestone today as the first steel was cut for ms Nieuw Statendam, due for delivery in November 2018. The ceremony took place at Fincantieri’s shipyard in Palermo, Sicily, Italy, and…
Vard Holdings Limited's subsidiary Vard Electro AS has secured a contract for the delivery of an engineering and electrical installation package for U.K.’s new $290 million polar research vessel under construction for the Natural Environment Research Council (NERC)…