Norwegian company Siem Offshore has sold the platform supply vessel (PSV) “Siem Sasha”. It has delayed delivery of four of the nine platform support vessel (PSV) newbuildings it has under construction in Poland. The Oslo-listed company…
Singapore shipbuilding group ASL Marine has posted a sharp drop in net profit for its third quarter as revenues from its shipbuilding, shiprepair and chartering segments fell across the board. Net profit for the three months to March 31 plummeted 65…
SSI announced it will host the Autodesk Bulgaria Shipbuilding Seminar for shipbuilders, naval architects and marine engineers to learn about the challenges facing the shipbuilding industry in Bulgaria and find out how Autodesk's Extended Digital Prototyping solutions…
Damaged Ship, the conference organized by The Royal Institution of Naval Architects every two years in their headquarters in London, shows the major processes made over the last years around damaged stability in vessels and artifacts. This time…
The Shipbuilders Council of America (SCA), the national trade association representing the U.S. shipbuilding and repair industry, has announced that Tom Godfrey, President and CEO of Colonna’s Shipyard in Norfolk, Virginia, has been appointed as Chairman of the Board of Directors…
FSV Group, the Norwegian operator of specialised vehicles for maritime operations, has taken delivery of a customised 41-metre Damen barge which will provide a range of services to the Norwegian aquaculture industry. This sector is currently…
ClassNK has released the amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on 8 May 2015.ClassNK continuously reviews, updates, and amends its technical rules and guidance as part of its ongoing efforts to improve the safety of life and property at sea…
Barzan, the first in a series of six 18,800 TEU container vessels ordered by UASC, was recently named at Hyundai Samho Heavy Industries (HSHI) in Mokpo, South Korea. The vessel is the first to receive classification society DNV GL’s new GAS READY notation…
The Turkish shipyard SEDEF has signed a contract with the Turkey's procurement agency, the Undersecretariat for Defense Industries (SSM) for the design and construction of Landing Platform Dock (LPD) for the Turkish Navy. The 231-meter landing platform dock that is capable of carrying 1…
The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place on Saturday, May 9, 2015 at Royal IHC’s shipyard in Kinderdijk, The Netherlands. The dredger is being built for Transnet National Ports Authority (TNPA)…
Goldman Sachs can't see an end to the dry cargo downturn until at least 2020 on a glut of vessels and stalling cargo growth, says a report in Bloomberg. Overcapacity and low fuel prices are bound to keep low dry bulk shipping freight rates for the rest of the decade or even longer…
Shipping services company Clarkson PLC warned that the outlook for the industry remains mixed in the short term and dry bulk and offshore in particular present challenges. 'The near term industry outlook remains mixed and the challenges in some of our markets continue…
AP Moller-Maersk has returned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering for its latest series of ultra-large container ships (ULCS), reports The Korea Economic Daily. The total contract to build 11 ultra-large containerships is worth US$1…
L-3 SAM Electronics announced today that it has been awarded a contract to provide the electrical distribution system for six Littoral Combat Ships (LCS) for the Royal Malaysian Navy (RMN). The ships will be built at the Boustead Naval Shipyard in Lumut…
Royal Caribbean has ordered a fourth ship for its Quantum Class family of ships from Meyer Werft. The ship will be delivered in 2019. With two Quantum-class vessels already delivered and a third under construction, Royal Caribbean Cruises on Thursday announced plans to order a fourth…