Gemeco Marine Accessories, world-leading experts in the selection, placement and technical support for marine transducers and NMEA networking products, announced today its partnership with non-profit organizations, the Impossible Dream and…
When it comes to innovation in new boats, few hold a better record than the Norwegians. As pioneers in the salmon farming industry they have several decades of innovation in maintaining the farms and in transporting fish from farm to market as well as developing work vessels to support the farms…
South Australian defence shipbuilding company ASC has axed 101 blue collar jobs from its facility at Osborne near Port Adelaide. The submarine and shipbuilder ASC has let go 101 contractors from its facility in Adelaide in a move it says…
Cosco Corporation has warned investors of an expected net loss for the second quarter ended 30 June 2015, as against a profit in the previous corresponding period. The company said the loss is mainly due to the low crude oil prices over…
Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club. His comments are published today (16 July 2015) in the 170 million GT…
Aker Philadelphia Shipyard ASA announces its plan to change its name to Philly Shipyard ASA, pending an upcoming shareholder vote at an extraordinary general meeting expected to take place in October 2015. Aker Philadelphia Shipyard, Inc. (APSI) will likewise change its name to Philly Shipyard…
The proposal to buy three Chinese submarines has been put on hold and would not be put into consideration by the Cabinet yet, said Deputy Prime Minister General Prawit Wongsuwan. Prawit said this month the navy had approved a 36 billion baht ($1…
Akastor ASA announced that its Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Mr. Røkke will succeed Frank O. Reite, who will take the position of Chief Financial Officer at Aker ASA.Kristian Røkke, who is…
Facing a wave of lawsuits filed by workers recruited from India to work on the U.S. Gulf Coast, marine services company Signal International has filed for Chapter 11 bankruptcy protection to help save its business and resolve litigation, the Wall Street Journal reported…
Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has been recognized by the American Heart Association for going above and beyond when it comes to employees' health. Ingalls maintained the association's Fit-Friendly Worksite…
AVO Training announces nine-module online training course series “Arc Flash Electrical Safety” with NFPA 2015; now available for purchase AVO Training Institute released its new complete nine-module online course series entitled “Arc Flash Electrical Safety”…
The French company DCNS has released details of the new submarine it wants to build for Australia as a replacement for the navy's Collins subs. DCNS is offering Australia a new submarine design it calls the Shortfin Barracuda as its contender in the $50 billion new submarines project…
Heesen Yachts announced that following intensive sea trials in the North Sea, on July 10, 2015, YN 17255 M/Y Azamanta, the world's first Fast Displacement steel-hulled yacht over 50 meters, was delivered to her owners in international waters…
Scorpio Tankers has purchased an MR product tanker, currently under construction at Hyundai Mipo Dockyard, for around $37mln and a LR2 product tanker, currently under construction at Daehan Shipbuilding, for around $58.5mln. MR product…
Shanghai International Port Group Co (SIPG) is all set to acquire 79.2% stake in intra-Asia container line Shanghai Jinjiang Shipping for up to RMB1.94bn ($312.58m). SIPG plans to buy a 48% stake in Jinjang Shipping currently owned by Shanghai International Group…