Bay Ship & Yacht has launched the high-performance yacht, Blue Thunder, marking the shipyard’s entry into the custom-built sport-yachting market. With a service speed of 32 knots, a flank speed of 42 knots, and a draft of less than three ft…
Davie Yards Inc. (TSX:DAV) introduced its proposal for the implementation of a National Shipbuilding Procurement Strategy aimed at renewing the federal fleet and building world-class shipbuilding capability in Canada, while providing more predictable work for the maritime industry…
According to a Sept. 14 Bloomber report, ThyssenKrupp AG, Germany’s largest steelmaker, wants to dispose of parts of its unprofitable, non- military shipbuilding units, Financial Times Deutschland reported, citing unidentified people at the company. (Source: Bloomberg)
All American Marine, Inc. delivered another 83-ft hydrofoil-assisted aluminum catamaran for operation in Alaska. The recently launched Kachemak Voyager will operate in Kachemak Bay and provide passenger ferry service between the communities of Seldovia and Homer…
According to a Sep 9 report from AsiaPulse, Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world's second-largest shipbuilder, said that it has completed the construction of the world's largest floating dock. The dock is 1,437 ft long…
According to an August 26 report from Bloomberg, Hyundai Heavy Industries Co. and its rivals may end an eight-month dry spell with a slew of new orders after Australia approved the $42b Gorgon liquefied natural gas project.(Source: Bloomberg)
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), laid the keel for USNS Washington Chambers, the eleventh ship of the Lewis and Clark class of dry cargo-ammunition ships (T-AKE). Construction of the Washington Chambers began in March…
The keel of a ferry to be built for P&O Ferries was laid at STX Europe, Rauma on 25 August, 2009. The vessel is the first of the two ferries scheduled for delivery from Rauma shipyard in 2010 and 2011.Following a traditional ceremony, some lucky coins were placed under the keel…
According to a report from WTOP.com, Salisbury, Md. based Chesapeake Shipbuilding is planning to build its third new prefabrication facility on its property on the Wicomico River. Company spokesman Charlie Robertson said an old building on the…
Shipbuilder stocks in Korea rallied today, apparently fueled on hopes the shipbuilding industry had hit bottom in the second quarter and that demand for new vessels may revive as world economies stabilize, according to a Reuters report. Reuters…
China's largest private shipbuilder has signed this year’s biggest deal in terms of dead weight tons, according to the company. Jiangsu Rongsheng Heavy Industries Group signed a contract Friday with Oman Shipping to build four iron ore carriers…
The U.S. Department of Transportation’s Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states. The grants are part of the Assistance to Small Shipyards program.“Small shipyards are vitally important for the health of the maritime industry…
On June 28, the Sevan Driller, first circular drilling rig prepared for drilling at a water depth of almost 4,200 m was named at COSCO Shipyard Group's Qidong Shipyard. A grand naming ceremony was held at the site to celebrate the completion…
“2008 was generally still a very good year with impressive 8.4% growth. In autumn, however, gloom also spread to our sector, which has been so used to success in the last five years,” reports Dr. Alexander Nürnberg, chairman of the German Engineering…
According to Reuters, STX expects top South Korean shipyards to jointly win offshore project orders from Brazil's Petrobras. Petrobras is expected to issue large tenders for offshore oil development vessels, including drillships and floating product storage and offloading units…