With new projects on the drawing board and the sales ticker counting higher, 2014 was bound to be a milestone year for Kadey-Krogen Yachts. Today the company is happy to announce their 600th new boat sale, a Krogen 44’ AE, to two new members of the Kadey-Krogen family of owners…
The U.S. commercial maritime industry is enjoying its most robust period in a generation, with a spate of newbuild activities spurred largely by a resurgent energy production market in the U.S. as well as new rules of vessel emissions which has forced owner to invest in new tonnage…
Governor General of Australia, His Excellency General the Honourable Sir Peter Cosgrove, AK, MC (Retd), together with the Prime Minister of Australia, the Hon Mr Tony Abbott, MP, were the guests of honour today as Australia’s first Landing…
Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Mrs Anelise Lara, Petrobras Executive Manager for the Libra Project…
State-controlled Exportadora de Sal SA de CV of Mexico ('ESSA'), one of the world’s largest salt exporters with a 10-million-ton annual production, has strengthened its commitment to the continued protection of its operating environment with…
Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart, who currently has another vessel of the same type under construction at Kleven Verft…
The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships.There was yet another “world first” today…
A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A. P. Møller-Mærsk Group, will feature fully integrated solutions from Wärtsilä…
MacGregor, part of Cargotec, has secured a comprehensive deck equipment contract from New Times Shipyard, in China, for Intership Navigation Co Ltd's three new 36,500 dwt Laker-class bulk carriers. The vessels will each feature an optimised…
The OECD should be cautious about becoming involved in the question of what constitutes an ‘eco-ship’, the International Chamber of Shipping (ICS) said to governments in Paris today at a meeting of the OECD Working Party on Shipbuilding. ICS…
Reach Subsea has secured a deal worth up to $10.3 million with Technip to provide remote-operated vehicle services on a newbuild subsea construction vessel to be supplied by Eidesvik Offshore.Eidesvik Offshore and Reach Subsea have in…
IBAC, which provides training to participants on international business awareness and ethical principles in the context of international business, was held for the 15th time this year. This was the first time an IBAC course was held in Istanbul…
Rotterdam-based law firm AKD said a recent decision of the Dutch courts means that shipyards in The Netherlands may no longer be able to rely on the right to retain a vessel while awaiting payment for work done. As a result of this unexpected decision…
Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line, and with China CSSC Holdings Limited, controlled by CSSC (China State Shipbuilding Corporation)…
Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's 'Best IR Awards' presented annually by the Japan Investor Relations Association (JIRA). The company was cited for the clear and detailed way in which it has delineated…