Seoul shares finished down 5.7 percent on Friday, their biggest daily percentage loss in five weeks, with foreign investors taking flight as concerns about global economic stagnation deepened, according to a report on Reuters. Hyundai Heavy Industries…
Greek ship management company Almi Tankers S.A. is set to establish itself as a market front runner with the new ultralong-stroke G-type engine tailor-made for Very Large Crude Carriers.Athens-based ship management company Almi Tankers S…
More and more ship owners turn to Becker Marine Systems for rudder conversions of vessels already in service. The easy installation of a new Becker Rudder System can dramatically improve manoeuvring performance and reduce fuel consumption.Becker…
Caribbean Tugz, LLC, an affiliate of SEACOR Holdings, Inc., Fort Lauderdale, Florida has awarded Great Lakes Shipyard, Cleveland, Ohio vessel construction contracts to simultaneously build two new state-of-the-art 50-ton bollard pull ASD tugboats…
In its December 2011 edition, Maritime Reporter & Engineering News will once again publish its “Great Ships” feature, focused on notable vessels delivered during the calendar year, filled with photos, technical specifications and insights, and exclusive view from designers…
The business of building ships has largely been tumultuous since the economic collapse of 2008 and lingering global malaise. When the talk turns to shipbuilding of late, the topic is more than likely cancelled orders, employee cutbacks or outright…
Designed by Sauter Carbon Offset and built by Ned Ship, the 66m Emax E-Volution is, according to the designer, a culmination of the best the yachting world, a vessel with a maximum speed of 28 knots and an unlimited 'Zero Carbon' cruising range at 14 knots…
On Monday September 26, the Chinese shipyard Jiangsu Yangzijiang Shipbuilding Ltd. will launch Yno YZJ2010-931, the first vessel of the ‘SUPER GREEN 8500’ type for Carisbrooke Shipping.With this vessel the yard is the first Chinese shipyard launching a vessel with a Groot Cross-Bow®…
21 Relentless Delivered to Pendleton Rescue Squad. Metal Shark Boats has completed delivery of a 21 Relentless fire, rescue, and patrol vessel for Pendleton Rescue Squad's operations in Kentucky. A custom-built derivative of the U.S…
USNS Spearhead, the first of the Navy's joint high-speed vessels designed for rapid intra-theater transport of troops and military equipment, was christened Sept. 17 during a ceremony at Austal USA in Mobile, Ala.Military Sealift Command will…
On Friday, September 16, 2011, Hamburg Süd christened the container ship Santa Catarina in Itapoá (Brazil) as part of a customer event. Sponsor of the Santa Catarina was Elisabeth Meves, wife of the former Chairman of the Executive Board of Hamburg Süd…
After Mazagon Dock Ltd, two more defence ministry-controlled shipyards are looking for private partners to build warships to meet rising demand from the Indian Navy and the Coast Guard, according to a report on www.LiveMint.com. Hindustan Shipyard…
Hyundai Heavy Industries reported winnning a $400m deal to build two LNG carriers for BW Maritime Pte Ltd, part of Singapore's BW Group, according to a report on Reuters. HHIs is scheduled to deliver one of the two vessels in the second half of 2014 and the other in the first half of 2015…
Stena Line has announced the refurbishment of two giant ships that the company will be introducing on the Irish Sea later this year.The identical 'sister' ships 'Stena Superfast VII' and 'Superfast VIII' will be the biggest ferries ever to…
The first of five hopper barges, developed by Seattle-based Naval Architecture and Marine Engineering firm Guido Perla & Associates, Inc. (GPA) was launched at Servicios Industriales de la Marina (SIMA) PERU S.A. In 2010, GPA was awarded…