Aluminum boat manufacturer SAFE Boats International (SBI) announced the promotion of John Hotz to Director of International Business Development for Caribbean, Latin America and Mexico, a region which currently operates more than 130 SBI vessels…
ClassNK has released PrimeShip-HULL (HCSR) Ver. 2.5.0 in response to the new IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). CSR BC & OT, which harmonizes requirements found in both existing Common Structural Rules for bulk carriers and double hull oil tankers…
The Indian Navy will soon invite tenders for building six conventional submarines after a high-level committee of the Defence Ministry submitted its report identifying shipyards capable of executing the about $10.1 billion project. Besides the state-run shipyards…
Royal Bank of Scotland Group PLC is winding down its Greek operation and is looking to sell its USD5 billion shipping loans portfolio, Reuters reported on Saturday. Citing finance sources familiar with the plans, Reuters said the move was…
India's top government committee has selected five Indian shipyards to compete for an Rs 64,000-crore ($10.1 Bln) project to build high-tech submarines for the navy. The Indian Navy will soon invite tenders for building six conventional…
Conrad Industries, Inc. announced the appointment of Rene J. Leonard as Vice President of Business Development and Engineering. 'Rene has been in the shipyard business over 25 years in various capacities including naval architect, project engineer…
Ellicott Dredges celebrates 1,000 day safety record and 130 years of business The employees of Ellicott Dredges LLC in Baltimore had two reasons for celebration this week, the company announced. First, Ellicott's Baltimore plant recorded a safety milestone of 1…
Greece has submitted a fresh proposal which includes hiking shipping taxes and to gradually remove the industry's special tax status to the EU in a bid to secure a 53.5 billion euro ($59bn) rescue package to help cover its debts until 2018 and stave off bankruptcy…
Long time vice president of Trinity Yachts to help shape the future of Harvey Gulf William S. Smith III (Billy) has been named Chief Operating Officer (COO) of Trinity Yachts effective immediately. The announcement was made today by Shane Guidry…
Nantong Mingde Heavy Industry (NMHI), a subsidiary of the financially troubled shipbuilder Jiangsu Sainty Marine Corporation, has missed the June 26 deadline to submit its restructuring plan to the Nantong People’s court. In other words…
A report in the Economic Times say that Russia wants to make India a global hub for the upgrade, maintenance and repair of conventional submarines and its leading shipyard is in final talks to select an Indian joint venture partner for a mega project to set up facilities…
Chinese shipyard, IAG Yachts, has successfully launched the beautiful 140-foot motor yacht King Baby, destined for an experienced yachtsman. 'King Baby' is IAG Yachts' largest motoryacht build to launch so far. She stretches 140-feet while…
T.S. Lines has placed an order with Taiwan's CSBC Corp for two containerships with capacities of 1,800 TEUs, with an option for an additional two similar units. The price the Taiwanese carrier paid for the new vessels, which are set for delivery in the second half of 2017…
Thailand’s navy has approved a 36 billion baht ($1.1 billion) plan to buy three submarines from China, reports local media. Royal Thai navy officials selected China over competing bids from Russia, Sweden, France, Germany and South Korea. Leading…
Step forward the Titan Submarine, a proposal that NASA has just awarded a second round of funding through their Innovative Advanced Concepts (NIAC) program. It is very much just a concept at the moment, but it is promising nonetheless. Aside from Earth…