Van Oord has ordered a new cable laying vessel. The ship will be built at Damen Shipyards Galati in Romania and will be completed at the end of 2014.The vessel is intended for the installation of electricity cables for offshore wind farms…
Hyundai Samho Heavy Industries (HSHI), a shipbuilding affiliate of Hyundai Heavy Industries, the world’s biggest shipbuilder, successfully launched a 162,000 m3 LNG carrier built using the on-ground shipbuilding method for the first time in the world…
While the advent of gas as power in the marine market is growing increasinly common, most every installation is actually 'dual fuel', meaning the vessel is able to use LNG or traditional diesel fuel to power the boat. This weekend in Turkey…
Saltchuk has signed a Purchase and Sales Agreement with Kimberly-Clark to buy a 66-acre property on the Everett waterfront, formerly home to Kimberly-Clark's pulp mill and tissue plant. The deal will initially bring approximately 250 skilled…
Grandweld Shipyards secured a repeat order worth $5 million (USD) to build a 42-meter aluminum crewboat for Khalid Faraj Shipping. This is the third order received by Grandweld from Khalid Faraj over the last five months. The contract signing…
Executives from 20 shipping companies and 40 expert panelists will share case studies on improving efficiency in ship operations with an expected 100 registered delegates at the 2013 SHIPPINGInsight Fleet Optimization Conference, at the Sheraton Stamford Hotel in Stamford…
Effective from October, 15th 2013 Mr. Ulf Hansen (47) will join the Executive Board of Interschalt maritime Systems AG. He will share the Executive Board’s work with Robert Gärtner, who has been appointed to Chairman of the Executive Board…
Regulatory, Financial & Operational changes drive strategic deals in the crowded Workboat markets Workboat and offshore marine markets have been gaining strength over the past three years. A resurgence of oil production in the Gulf of Mexico has brought orders for new vessels…
At the inaugural recent Tradewinds Jones Act Forum, MARAD Acting Administrator Paul 'Chip' Jaenichen discussed the changes affecting the coastwise U.S.-flag maritime industry -- also known as the Jones Act fleet. Extracts follow:Since its enactment…
AMEC Kromav, the Rio de Janeiro-headquartered specialist company for shipbuilding and offshore activities, has urged Russian industry to take full advantage of Brazil’s multibillion dollar offshore industry opportunities.In a comprehensive presentation at NEVA in St Petersburg…
Joe Kernan, Vice Admiral, U.S. Navy (Ret.) has recently been appointed to the Board of Advisors of Swiftships Shipbuilders, LLC, a leading supplier of military and commercial watercraft to clients across the globe. Vice Admiral Kernan (Ret…
Opportunities for Shipbuilders and Repair Yards In a Huge & Growing MarketSince the beginning of this year, orders have been placed for 17 floating production systems. The combined value of the fabrication contracts exceeds $16 billion.…
The Marine Machinery Association will hold its 29th Annual Meeting in partnership with Newport News Shipbuilding at the Newport News Marriot, October 7-9, 2013.There Will Be A Reception for Speakers and MMA Members From 6-7:30 p.m. on Monday…
Overall confidence levels in the shipping industry held firm over the three-month period to August 2013, maintaining the highest level reached since November 2010, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
The designer claims potential fuel and emission savings of 60% and 80% respectively Norway is no stranger to maritime innovation, as the small Scandinavian country with a population just north of five million (according to most recent statistics…