COSCO (Qidong) Offshore wins a US$ 20-million contract for a jack-up barge, & other COSCO subsidiaries deliver bulk carriers.This jack-up barge for Australian owners will be built to GustoMSC SEA-1250 design and have capacity of 300 tons deck crane and operation in water depth up to 30 meters…
China Rongsheng profit dives as new ship orders dry up.China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, posted its sharpest fall in half-year profit - down 82 percent - on a dearth of new orders, putting…
Patrol boat 'Viesite', built in the country's Riga Shipyard, has been accepted by Latvia's Ministry of Defence.The building of patrol ship Viesīte was started June 17th, 2009 and it is third of five new SWATH type patrol ships built for the Latvian Navy…
Keppel and Floatel sign contract for a fourth accommodation semi at US$ 315-million.Keppel FELS Limited and Floatel International Ltd (Floatel) have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible…
Danish Ambassador opens seminar on Shipbuilding Innovation.The seminar was organised in cooperation between China Association of the National Shipbuilding Industry (CANSI) and Odense Maritime Technology Ltd (OMT). The two organisations invited…
New report Added in ResearchMoz Reports Database – 'The Global Naval Vessels MRO [Maintenance, Repair, Operation] Market 2012-2022'.This report is the result of ICD Research / Strategic Defence Intelligence's extensive market and company research covering the global naval vessels MRO industry…
Conrad Industries, Inc. headquartered in Morgan City, Louisiana announce favourable second quarter results.Conrad Industries, Inc. designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel…
Crowley Maritime purchases two new 'Jones Act' tankers from Aker Philadelphia Shipyard.Crowley Maritime Corporation’s petroleum and chemical transportation group announce that it has purchased two new Jones Act tankers, the Pennsylvania and the Florida…
The latest design of the Royal Navy's Type 26 Global Combat Ship (T26 GCS), the next generation of warships, has been unveiled.The Ministry of Defence has released images showing the basic specification of the T26 GCS, which is a significant milestone in the development of this programme…
“Gotchas” are pitfalls, catches, bait and land mines – a kicker, snare or snag. They are surprises and, in the world of insurance, surprises are rarely a good thing. ‘Gotchas’ can be caused by different things. It may be the age of the coverage forms…
Keppel to deliver one of the world’s largest multi-purpose offshore wind turbine installers.Keppel FELS say they are on track to deliver Seafox 5, one of the largest and most advanced multi-purpose offshore wind turbine installers of its kind to the Seafox Group…
Daewoo Shipbuilding & Marine Engineering (DSME) wins US$1.94-billion order.Daewoo Shipbuilding & Marine Engineering says it has won a 2.2 trillion won ($1.94 billion) contract to build five fixed drilling platforms for an unnamed Africa-based firm…
Korea's leading shipbuilders post declining profits in second quarter 2012, as well as a growing inventory of unsold vessels.Shipbuilders here have put unsold ships up for resale at below-market prices but are struggling to get them off the hands…
Hapag-Lloyd holds naming ceremony for 13,200 TEU flagship “Hamburg Express” at Hamburg Container Terminal (CTA).Hapag-Lloyd has recently held a naming ceremony for the “Hamburg Express”, first of ten new vessels in its new 13,200 TEU class…
Fincantieri launches 'Royal Princess' the new flagship of Princess Cruises's fleet at its Monfalcone shipyard.'Royal Princess', at 141,000 gross tons, 330 metres long and 38 metres wide, is the largest ship ever built by Fincantieri. It has 1…