Samsung Heavy Industries (SHI) apparently found no troubles in Greece this year, as the company reports inking a deal for five ships at Posidonia 2010, meaning its contracting amount has reach $3.3 billion in 2010, more than double the annual contracting amount of the previous year…
Korea's shipbuilding industry is on a roll as it secured the top spot in the global market in the first quarter of this year. The Ministry of Strategy and Finance said that Korea accounted for over 40 percent of the market, followed by China at 34 percent and Japan with just 4 percent…
Hallin Marine has commissioned a new, $110m, groundbreaking semi-submersible, subsea operations vessel to be named the CSS Derwent. “The CSS (compact semi submersible) delivers big ship capability in a low cost package,” said John Giddens…
Following the successful use of Swansea Dry Docks for the refit and refurbishment of Saga Pearl II, now successfully cruising; work on MV Julia, now plying the Fastnet Ferry Cork-Swansea overnight route; and emergency repair work on the 213…
According to a May 17 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipyard by orders, aims to almost triple contracts for offshore facilities this year. The company may win $5b worth of orders…
Aker Philadelphia Shipyard (Oslo: AKPS), a U.S. commercial shipyard, delivered its ninth Veteran Class MT-46 product tanker May 14 to American Shipping Company (Oslo: AMSC). The 46,000 dwt vessel, named the Overseas Martinez, will leave the…
On May 14, American Commercial Lines released the following statement regarding a fatality at its Jeffboat boat building yard:'This has been a very difficult week for all of us at Jeffboat. Thursday afternoon an industrial accident occurred…
According to a May 16 report from the Vancouver Sun, the Harper government is expected to release its long-term shipbuilding strategy in the coming weeks, creating two national centers to handle billions of dollars worth of contracts. The strategy…
According to a May 16 report from the Daily Journal of Commerce, more than 50 years ago, dock builders in Newport sunk two concrete Navy ships in Yaquina Bay and built on top of them. Now the S.S. Pasley has cracked and leaked oil into the bay…
According to a May 12 San Diego Union Tribune report, General Dynamics NASSCO in San Diego plans to eliminate one-fourth of its work force to cope with a prolonged slump in the industry, cutting as many as 1,150 positions. The company said it has sent letters to 900 of its 4…
Strategic Marine has successfully launched the first of two 496 ft Dive Supports Vessels, Caballo Maya (Hull 156) in Vietnam. The vessel was launched on the 5th of April, 2010, with the second vessel (Hull 157) approximately 90% complete and eight weeks from completion…
A May 12 story from The Chronicle Herald reported that the Canadian navy’s frigate modernization program at Halifax Shipyard will be unaffected by the sinking of the Scotia Dock II, according to union officials. Layoffs were not expected but…
According to a May 12 report from The Korean Times, Korean Shipbuilding companies face a tough future. In the 2000s, the shipbuilding business was a cash cow for Korea Inc., which accommodates many of the world's foremost players ― Samsung Heavy Industries…
The Swedish company Antiphon AB has introduced a new product for structure borne sound damping; antiphon MPM (metal-polymer-metal) foiled, a sheet metal laminate with a thin foil on one side. The core material is two zinc coated sheet steel…
Cruise ship building will again be a prominent at SMM 2010, the 24th international shipbuilding fair at Hamburg Fair site from 7 to 10 September 2010. The big exhibitors will include the stands of Fincantieri, Meyer Werft and STX Europe. These…