Strategic Marine makes headway in marine infrastructure sector with two new projects underscoring fabrication capabilitiesStrategic Marine announced today it is constructing two marine infrastructure fabrication projects in its Vietnam shipyard…
Contract signed to upgrade Collins Class Submarines Defence Minister Senator David Johnston announced the Defence Materiel Organisation has signed a multi-million dollar contract with ASC Pty Ltd to update the control management and monitoring…
Louisiana-based aluminum boat manufacturer Metal Shark Aluminum Boats LLC has been awarded a contract to produce up to 350 specialized vessels for the United States Navy.The fixed-price contract is for the construction of the Navy’s High Speed Maneuverable Surface Target (HSMST) vessels…
MacGregor, part of Cargotec, has received an order worth $77 million (USD) for optimized cargo handling systems for five A-14-series and five A-18-series container vessels from Hyundai Heavy Industries Co. Ltd. in South Korea. The 14,000 TEU and 18…
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine (UST)…
A recent report US Government Audit Office (GAO) report, mandated by the House, discussed amongst other issues: (1) quality problems in constructing recently delivered ships and Navy actions to improve quality and (2) key practices employed…
AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $400 million loan for vessels owned and operated by Nautical Solutions, LLC, which is an operating unit of Edison Chouest Offshore (Chouest). Proceeds from the loan were…
A global conference for shipbuilding corporate management gathered 74 top executives of the major shipyards from Japan, Europe, China, Korea and the U.S. (JECKU) to exchange views on global economic development, supply and demand prospects as…
At the recent Korea-Russia Business Dialogue meeting held in Seoul attended by President Putin & President Park Guen-hye, the Korean Register (KR) and the Russian Register of Shipping (RS) signed a shipbuilding memorandum of understanding (MOU)…
Merseyside engineering firm Cammell Laird announced its largest ever intake of apprentices since it restarted its apprenticeship program in 2008.Birkenhead-based Cammell Laird has taken on 22 apprentices working across a range of skills which brings the total number within the business to 71…
The 67m Fast Yacht Support vessel, GARÇON, built by Damen, has won the ISS Awards of Distinction for Innovation at the International Superyacht Society Awards Gala in Fort Lauderdale.GARÇON came out top of an industry-led voting process…
IHC Merwede’s CEO, Dirk Philips, will step back from his role within the company. Over the past two months, he has led the management board to formulate some important aspects of IHC Merwede’s future business strategy, as well as the appropriate organization required to implement it…
Matson Signs Contract With Aker Philadelphia Shipyard For Two New 'Aloha Class' Containerships, First Ship To Be Named The Daniel K. Inouye.Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company…
STX Finland has been actively seeking solutions for saving the Finnish shipyard industry. In September 2013, the company launched a major restructuring aimed at safeguarding the operating potential of the company and, by extension, the entire maritime industry in Finland…
Topaz Marine Engineering, a regional marine repair service provider and boat builder, announced the appointment of Geoff Taylor as its new Managing Director.Geoff joins the company following a period as an independent marine consultant.…