The Board of Directors of ASL Marine Holdings Ltd informed that its wholly-owned subsidiaries have reached a mutual agreement with customer on the rescission of shipbuilding contracts for two offshore support vessels.One of the vessels will…
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, stated that the surveillance vessel “Marjata” was named at Vard Langsten by the Norwegian Prime Minister, Mrs. Erna Solberg…
Coast Guard Cutter Hamilton, the first national security cutter homeported on the East Coast, entered into active service today at Union Pier Terminal in downtown Charleston. The commissioning ceremony for the Coast Guard’s largest and newest 418-foot cutter was presided by Vice Adm…
OAO Sovcomflot (SCF Group) signed a new USD 319 million 10 year credit facility with a consortium of leading European banks with ING acting as Agent. The funds will be used towards financing two new ice-class LNG carriers SCF Melampus and SCF Mitre…
Shin Yang Shipyard of Miri, Sarawak, Malaysia has delivered the sister ships MV Anis and MV Alya. Designed by Wartsila Ship Design Singapore, the 83.8-meter (275-foot) maintenance and work boats have massive capacities.Accommodation is provided for up to 199 people…
Celebrity Cruises has taken a bold step in ship design with the signing of a letter of intent for a new class of vessels, Royal Caribbean Cruises Ltd. and French shipbuilder STX France announced today. The two 2,900-guest, 117,000-gross-registered-ton ships…
Horizon Shipbuilding Inc. recently delivered two towboats to Florida Marine Transporters. The towboats are the 120’ GIANNA HULL and the 80’ JOHN COX.This is the third vessel Horizon has delivered to Florida Marine Transporters this year…
ClassNK and leading global maritime software company NAPA have announced a new joint project to reduce the time and cost of designing vessels in accordance with the new IACS harmonised Common Structural Rules. The new project will enhance the…
Vessel manufacturer Metal Shark has reached an agreement with Damen Shipyards to market Damen designs, which the company will construct at its Franklin, Louisiana shipyard.“We are proud to offer globally proven Damen designs as we expand our footprint in new markets…
The completion of the two new vessels, M/V Berlin and M/V Copenhagen, at the Danish shipyard FAYARD is progressing according to plan. It is expected that the two new passenger ferries can be put into operation on the Rostock-Gedser route in the second half of 2015…
Subsidiaries of Teekay LNG Partners L.P. and a wholly owned company of Royal Dutch Shell plc today announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global…
If shipyards are the bellwether of maritime market trends, then U.S. yards should today be considered the industry’s market leaders, as well. Notwithstanding the recent (and dramatic) drop in global crude oil prices, the ongoing, so-called ‘domestic…
Caterpillar Marine informed that its Cat® power and propulsion solutions have been selected to power four AHTS vessels for Grupo CBO, headquartered in Rio de Janeiro, Brazil. Each AHTS vessel will be equipped with 4 x 6 M 32 C propulsion…
Conrad Shipyard and The Shearer Group, Inc. (TSGI) said that its design of a 4,200 horsepower LNG-powered towboat received “Approval in Principle” (AIP) from the American Bureau of Shipping (ABS).The boat is based on TSGI’s azimuth drive (Z…
In 2014 Swede Ship Marine acquired the SUBLIFT boat hoist operation. A new company has been formed called Swede Ship Sublift AB. The first deliveries of boat hoists from the yard at Djupvik on the island of Tjörn, Sweden to customers in Sweden and Norway took place in the autumn 2014…