Indian prime minister Narendra Modi visited Korean shipbuilder Hyundai Heavy Industries (HHI), seeking increased partnership between the India’s shipbuilding industry and HHI. HHI is reportedly the only Korean company the prime minister visits during his two-day stay in the country…
After almost nine months of construction has MS 'Helgoland' the new LNG (Liquefied Natural Gas) ship of Cassen Eils from Cuxhaven, left the building dock of the Fassmer-Werft shipyard. Helgoland will be the first German flagged marine vessel to operate on LNG as its primary fuel…
South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) has won an order for up to eight LR1 tankers with a total value of $ 375 million. The contract provides for the construction of four oil tankers of 74,000 tons plus the ability to build four additional ships…
While France is seeking a way to cancel its contract to deliver two helicopter carriers to the Russian navy, Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for nixing the deal. President Francois Hollande is…
As the construction of ultra large container ships gained momentum, Korean shipyards are sweeping up the market, according to a report appeared in Business Korea. Total orders of 21 container ships exceeding 20,000 TEU in capacity were placed globally from the end of last year to date…
General Dynamics stated that Larry R. Flynn, president of Gulfstream Aerospace Corp., has informed the corporation of his intention to retire on June 30, for health reasons. Mark L. Burns, president of Product Support for Gulfstream, will succeed Flynn as president of Gulfstream…
Tatsuo Nishikawa has been announced as the winner of the DNV GL COMPIT Award 2015. The Japanese CFD (computational fluid dynamics) expert, working for the Shipbuilding Research Centre of Japan in Tokyo, was honoured for his paper’s contribution…
The 14,000-long ton capacity drydock Vigilant that will support hundreds of family-wage industrial jobs at Vigor Industrial’s shipyard on Harbor Island is scheduled to arrive in Elliott Bay late Saturday or early Sunday.The 528-foot long drydock…
China's COSCO (Guangdong) Shipyard has secured a contract from Aberdeen-based Sentinel Marine to build a TAERRV (Tanker Assist / Emergency Response / Rescue / Field Support Vessel). Cosco says the vessel’s expected delivery date is in the first quarter of 2017…
The 12th International Marine Design Conference (IMDC) was held in Tokyo from May 11-14, hosted by The Japan Society of Naval Architects and Ocean Engineers, and sponsored by The Shipbuilders' Association of Japan and ClassNK. IMDC is a…
International Transport Intermediaries Club (ITIC) says recent claims experience demonstrates that naval architects need to be aware of the need to protect against their exposure to liability for damages resulting from errors in design work…
Huntington Ingalls Industries (HII) announced the appointment of two vice presidents at its Ingalls Shipbuilding division. George Jones has been appointed vice president of operations, and Tim Farrell has been appointed vice president of new Navy programs…
Italian shipbuilder Fincantieri has fallen to a loss in the first quarter as financial costs rose. Fincantieri ended the first quarter of 2015 with Euro1.11 billion consolidated turnover and an EBITDA equal to Euro59 million. This equated to a loss of Euro27 million…
Nippon Yusen Kabushiki Kaisha (NYK Line) has concluded time-charters for two new LNG carriers with Diamond Gas International, a Singapore affiliate of Mitsubishi Corporation. NYK also concluded a contract with MI LNG Company Limited for the construction of the LNG carriers…
Ancora Marina in Neustadt, Germany, took delivery of a new Marine Travelift 75 BFMII mobile boat hoist, Marine Travelift Inc. announced today. Ancora Marina is located on the Bay of Lübeck in Schleswig-Holstein, northeast of Hamburg and southeast of Kiel…