Timothy Hunt has been named president and Bryant Bernhard, PE, chief technology officer of boatbuilder United States Marine, Inc. (USMI).Hunt has more than 24 years of experience in the marine industry and 12 years with USMI. “Tim has my support…
It has been a woeful week across all of the major ship recycling markets, with some tumultuous declines leading to minimal interest and offers on any available tonnage.It increasingly seems as though it may be a much softer summer given prevailing sentiments…
Vessels fashioned in a 3D printer, rather than a shipyard, will be the subject of a presentation at a Worldwide Ferry Safety Association (WFSA) event. The virtual gathering, Innovations in Ferry Design and Vessel Construction, will be held in…
Italian shipbuilder Fincantieri has delivered the ocean cruise ship Viking Mars to the shipowner Viking. The ship was delivered on Thursday at the shipyard in Ancona.The 227 meters long Viking Mars will be placed in the small cruise ship segment…
Sub-continent markets have taken a turn for the worse this week, as collapsing steel prices in India and Eid holidays in Pakistan, Bangladesh, and Turkey have led to depressed sentiments and virtually no new offers emanating on any available tonnage…
General Dynamics appointed Gulfstream Aerospace executive Charles F. Krugh as president of General Dynamics Bath Iron Works.“Chuck’s leadership, proven track record in manufacturing and expertise in managing complex supply chains will be an…
Cavotec reports it has won a shore power order valued at €15.7 million from a major global container shipping line. Deliveries are scheduled to start in the fourth quarter of 2022 and continue throughout 2023 and 2024.Cavotec is to supply its…
Finland-based cruise shipbuilder Meyer Turku saw its full-year 2021 net loss widen, despite a somewhat higher turnover compared to 2020. Still, the company said it was a 'satisfactory result in the midst of a protracted pandemic.'The company's turnover was EUR 1…
The global push for decarbonization in the transport sector has predictably inspired a wave of new designs for the shipping sector, including a new 'Zero-Emission Handymax Bulker' design from the hands of Eco Marine Power, a design that incorporates renewable energy solutions…
Ulstein today unveiled a vessel concept that it claims is capable of making the vision of zero emission cruise operations a reality. Dubbed Ulstein Thor, the 149m 3R (Replenishment, Research and Rescue) design will feature a Thorium Molten Salt Reactor (MSR) to generate vast amounts of clean…
Singaporean shipbuilder Keppel Offshore & Marine Ltd (Keppel O&M) announced it has delivered Vox Ariane, the first in a series of three new 10,500-cubic-meter-capacity trailing suction hopper dredgers (TSHD) for Dutch contracting company Van Oord…
The methanol-fueled chemical tanker Grouse Sun, owned by NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, was delivered on April 19. The vessel was built at Hyundai Mipo Dockyard in Korea.Grouse Sun has been equipped with…
One of its most significant initiatives in the Japanese shipping industry's push toward net zero is e5 Lab Inc., a consortium comprising Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd. and Mitsubishi Corporation…
Within the maritime sector not enough attention is paid to maritime subcontracting. And yet, it is as important as the main contracts that maritime main contractors conclude with their clients, such as shipping companies and buyers of superyachts…
According to GMS, it has been another impressive week in both the Indian and Pakistani markets, with reportedly several sales taking place above the $700/LDT mark. These levels seem increasingly indicative of a market that is firm and these…