Italian shipbuilder signs deal with an American university for the start-up of an advanced training course Shipbuilder Fincantieri and the University of Rhode Island (URI), on behalf of its International Engineering Program (IEP), has signed…
Chinese navy official Rear Admiral Yin Zhuo confirmed that China plans to put aircraft carrier battle groups to sea, says a report in SCMP. The country will deploy them not only in the disputed East and South China seas, but also to protect the country’s overseas interests…
Radio Holland delivers NavCom and VSAT on four special newbuild vesselsNavCom and On Board ICT specialist Radio Holland informs it has booked multiple orders in a challenging newbuild market. The company was awarded contracts to deliver and…
Iskes’ new ASD 2411 Venus up and running after delivery; captain and crew of newly delivered ASD Tug 2411 give Damen valuable feedback after first three months of operations Iskes Towage & Salvage took delivery of a new Damen ASD 2411 in November 2015…
A new class notation from DNV GL aims to help shipowners prepare newbuilds for scrubber installations. SCRUBBER READY ensures that the necessary preparations are in place for a smooth and cost-efficient scrubber retrofit at a later stage, the classification society said…
According to Reuters, Croatia may decide to construct a floating LNG (FLNG) vessel for the northern Adriatic – as opposed to an onshore liquefaction plant – in order to begin operations sooner. At the moment, it is unclear what would become…
GAIL India has deferred a USD 7-billion tender for hiring nine newly-built ships to ferry liquefied natural gas (LNG) from the US by one month. Bids for the tender were to close on February 29 but now have been extended to March 31. The…
Euroseas Ltd, a Greece-based shipping company, took delivery of its newbuilding Kamsarmax dry bulk carrier Xenia and entered into a two-year time charter for its container carrier Evridiki G. The M/V Xenia was delivered from the China-based Jiangsu Yangzijiang Shipbuilding Co…
The tradition of shipbuilding in Mecklenburg-Western Pomerania to be continued – with new focus on cruise ships An investor has been found in Malaysia’s Genting Group to enable the continued existence of the three shipyards in Wismar, Rostock and Stralsund…
Huntington Ingalls Industries (HII) announced that Michael S. Smith has been named the company’s corporate vice president, strategy and development, succeeding Christopher D. Kastner, who is replacing Barbara A. Niland as corporate vice president and CFO upon her retirement…
India's troubled shipping sector has been passing through tumultuous waters in recent years with over 40 per cent of the country’s fleet older than 20 years and about 12 per cent of them being 12-15 years old, says the Economic Survey 2015-16…
Traditionally, Italy’s location and coastal development have continued to ensure the country a flow of income from its role as a strategic European hub in what has come to be known as the new “maritime century.” The country boasts of having the largest ferry fleet…
Singapore-listed Otto Marine has announced that its offshore shipyard has branched out to secure three new shipbuilding contracts worth $23m in total. New contracts came along with Group's efforts in diversifying and expanding product portfolio in a weak market…
Nicaraguan Tourist Agency selects Damen CSD350 dredger for 200 km internal waterway project. A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR, the Nicaraguan Tourist Agency, with the Damen Shipyards Group for the delivery of a CSD350 Cutter Suction Dredger…
The cash-strapped Indian shipbuilder ABG Shipyard will likely close the deal for a 51 per cent stake sale by the end of this financial year, its managing director and CEO Syed Abdi said. Syed said the company had narrowed it down to one…