Shipbuilding News


Ballast Water Management: Techcross Reports Record Start to 2022

Jan 27, 2022

Despite the prolonged COVID-19, Techcross reports that it has kicked off the new year with a new record in amount of order, FAT and shipments in January 2022.As of the third week of January, Techcross sold Ballast Water Management Systems (BWMS) for 81 ships…

Nakilat Takes Delivery of Another LNG Carrier

Jan 24, 2022

Nakilat took delivery of a newbuild LNG carrier, “Global Sealine”, which will be commercially and technically managed in-house by Nakilat Shipping Qatar Limited (NSQL). Built by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea…

Static Week in Ship Recycling, says GMS

Jan 24, 2022

According to GMS, itt has been an increasingly static week in the Indian sub-continent ship recycling markets, especially after some early 2022 optimism displayed by a resurgent India in particular.Sales on various specialist units soared this…

Shipbuilding Interview: Rusty Murdaugh, President, Austal USA

Jan 19, 2022

Austal USA has been investing mightily, more than $600 million to expand its repair and services business for both commercial and military customers; and in the opening of a state-of-the-art steel panel line in Mobile to complement its established aluminum shipbuilding operations…

SMS Group Investment Pays Off with 'Record Breaking' 2021

Jan 14, 2022

As COVID continues to create business hurdles globally, the SMS Group, based within the Port of Southampton in the UK, announced that it has recorded its busiest year in company history.  Traditionally a ship repairer, SMS Group invested in a team of industry professionals to establish…

Eye on Design: Repair and Conversion Conundrums in Hybrid Propulsion

Jan 11, 2022

I recently built a 35 foot Solar Hybrid Electric Wheelchair Accessible Catamaran for my wife who became wheelchair bound a few years ago. (In typing this sentence, I just realized that this vessel can be referred to as a SHEWAC)It is only a 35 foot recreational vessel…

HII Appoints Mulherin VP of Contracts at Newport News Shipbuilding

Jan 04, 2022

Huntington Ingalls Industries (NYSE:HII) announced that Matt Mulherin Jr. has been promoted to vice president of contracts at its Newport News Shipbuilding division. Mulherin succeeds Christie Thomas, who has been appointed corporate vice president…

The Push for "Green" Ships will Keep Ocean Freight Costs High

Dec 28, 2021

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…

Eye on Design: The Truth Behind Great Ships

Dec 23, 2021

Last year I provided a list of my favorite historical ships as my contribution to the Great Ships issue. Even though I received some pushback on the list, I see no need to amend it.I created that list to avoid having to judge today’s Great Ships…

Currency Crash, Dearth of Demand Define the Ship Recycle Business

Dec 20, 2021

Sub-continent ship recycling markets (including Turkey) remained in a precarious position this week, with the recent decline in steel plate prices mixed in with the crushing depreciation of currencies that has led to a serious dearth in the global demand for tonnage…

Royal IHC Appoints Klaver CEO

Dec 10, 2021

Jan Pieter Klaver will start as CEO of Royal IHC on January 1, 2022, taking over from Gerben Eggink, who fulfilled the role of CEO on an interim basis for more than a year and a half. With Klaver Royal IHC is bringing in an experienced CEO from the maritime sector…

Paramount Maritime Appoints Connolly CEO

Dec 09, 2021

Paramount Group appointed Lee Connolly as CEO of Paramount Maritime Holdings, its naval and maritime shipbuilding subsidiary, based in Cape Town, Africa. Connolly held the position of CEO of Paramount Advanced Technologies, a Paramount Group company…

Incat Crowther Bags Deal to Design Hybrid-electric Ferry for New Zealand

Dec 09, 2021

Incat Crowther inked a deal to design an Incat Crowther 32 hybrid-electric ferry for Fullers360 of Auckland, New Zealand. To be built by Q-West, the ferry will be the designer’s sixth from the builder and will join 10 other Incat Crowther ferries in the Fullers360 fleet…

Eye on Design: Where Are the Transportation Macro Designers?

Dec 06, 2021

As naval architects and marine engineers we are familiar with the design spiral. While design is not truly a spiral, we use the concept to remind ourselves that all pieces of a ship design interact. The design spiral is not a standard figure and can be simplistic or overcomplicated…

Tech File: OATECH Fish-Farming "Superyacht" Earns RINA AIP

Nov 23, 2021

A fish-farming superyacht developed by Ocean Ark Tech of Chile (OATECH) and its strategic ally, London-based Ocean Sovereign, is one step closer to delivering fish to market after winning a key approval from marine classification society, RINA…

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