Shipbuilding News


Sainty Marine Tells Stock Exchange of Only 4 of its 29 Lost Orders

Aug 06, 2015

Shenzhen-listed shipbuilder Sainty Marine withheld news of 29 lost orders from said exchange, Caixin reported, citing data from industry research firms and information from a shipbuilding executive.  The firm told the stock market that buyers had canceled four orders in May…

VT Halter Announces Leadership Promotions

Aug 05, 2015

VT Halter Marine, Inc., the Pascagoula, Miss. based shipbuilding subsidiary of Vision Technologies Systems, Inc., today announced several promotions within its leadership team. The shipbuilder named Richard A. Zubic (Rick Zubic) to Executive Vice President…

Campaign to Raise Awareness of US Shipbuilding, Repair

Aug 05, 2015

Shipbuilders Council of America announces “KNOW YOUR SHIP” campaign to focus on raising awareness regarding the positive economic and national security impact of the shipbuilding and repair industry Ahead of the first presidential debate this week…

CMA CGM Takes Second Guyanamax Boxship

Aug 05, 2015

The CMA CGM Group Informed that the CMA CGM MARSEILLE – 2nd vessel of its GUYANAMAX 3 - vessels series – was delivered in South Korea on July 29th.This 2,100 TEU containers capacity vessel – including 530 Reefer containers – is 190 meters long and 30 meters wide…

Australia's Massive Shipbuilding Plan Announced

Aug 05, 2015

The Australian Government has thrown domestic shipbuilders an A$89 billion (US$ 66 billion) lifeline. It plans to deliver a long-term plan for a strong and sustainable naval shipbuilding industry. Over the next 20 years the Government will…

Stoody Debuts Technical Services Hotline

Aug 05, 2015

Stoody, an ESAB brand, has recently launched the new Stoody Tech Services (STS) hotline to provide a valuable resource to distributors and applicators seeking answers about product selection and the application of hardfacing and high alloy joining consumables…

India: Negative Outlook on Shipping Sector

Aug 04, 2015

India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the current financial year. The agency expects the performance of dry bulk and container operators to continue to be affected by weak global trade growth and persistent overcapacity…

Ondimar Firms Order Suezmax Quartet at Navantia

Aug 03, 2015

Navantia and Maritime Transport Ondimar LDA (shipping company Ibaizabal Group) today ratified the contracts signed in late June and the financial structure for the construction of 4 Suezmax tankers, expandable to two. 4 boats will involve…

Strategic Marine’s Stock Program Full Power Ahead

Aug 03, 2015

Strategic Marine, the specialist shipbuilder and fabricator, has confirmed its stock program of personnel transport vessels is market-ready.“Our stock program currently incorporates two class leading designs which are in high demand through…

Shift to Contract Labor in U.S. Maritime, Offshore Sectors Underway

Aug 03, 2015

Maritime and Offshore recruiter Faststream has reported a shift in attitude towards temporary, project and consulting work following a recent survey to over 1,000 candidates in North America. While employees have been reluctant to look at moving from permanent to contract work in the past…

Mingde Heavy is Bankrupt

Aug 03, 2015

Nantong’s Tongzhou District People’s Court has put an end to the restructuring appeal by debt-ridden Nantong Mingde Heavy Industry, and officially declared it bankrupt.  A  a request by Mingde to extend the submission of its restructuring plan…

Nantong Tongbao Bags Order for 8 Chemical Tankers

Aug 03, 2015

Nantong Tongbao Shipbuilding has signed shipbuilding agreements with joint buyers, Shanghai Dingheng Shipping and Xiamen Xiangyu Group, for the construction of eight chemical tankers worth RMB1bn ($160.95m) The delivery of tankers sized from 2…

Tug-Barge Design Optimized for South America

Aug 01, 2015

Some veteran Mississippi pushboats and barges have been transported to South America for second careers. However, conditions on a great river like the Paraguay-Paraná are different. It has sharp bends, shallow stretches, and includesremote reachestotally lacking in infrastructure…

Thai Navy Lobbies for More Submarines

Jul 31, 2015

The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries. The assistant commander made the claim aimed at persuading a skeptical public that the nation should invest in its military in a white paper sent to reporters…

Bollinger Delivers 14th FRC to USCG

Jul 30, 2015

Bollinger Shipyards has delivered the 14th Fast Response Cutter (FRC), Heriberto Hernandez, to the United States Coast Guard (USCG).The 154-foot patrol craft Heriberto Hernandez is the 14th vessel in the Coast Guard's Sentinel-class FRC program…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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