Sanmar AS, a tugboat operator and builder in Turkey, has invested in another shipyard. The new shipyard is located in Altinova, where construction has already begun on several vessels. When totally completed, the new shipyard will be approximately 50…
Seaspan’s Victoria Shipyards announces retirement of vice president and general manager, appoints successor Seaspan’s vice president and general manager of Victoria Shipyards Co. Ltd., Malcolm Barker, will retire Spring 2015, following more than 21 years with the company…
Chinese authorities have confirmed that 21 people were killed and one is still missing after a tug boat undergoing sea trials sank in the Yangtze River, the state-run Xinhua news agency reported on Saturday.The boat had 25 people on board when it sank on Thursday and three were rescued…
Seaspan Shipyard’s long-standing relationship with the Canadian Coast Guard was proudly showcased in recent days, with simultaneous repair and maintenance work on Coast Guard vessels at all three of the company’s shipyards – Vancouver Drydock…
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has agreed to sell 51% stake of Keppel Merlimau Cogen Pte Ltd (KMC), which owns Keppel Merlimau Cogen Plant to Keppel Infrastructure Trust (KIT or the Trust) for a cash consideration of $510 million (KMC Transaction)…
Today, Seaspan’s Vancouver Shipyards officially celebrated the completion of its two-year, $170M Shipyard Modernization Project ahead of schedule and under-budget.Funded entirely by Seaspan, this project has transformed Vancouver Shipyards…
Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015…
STX Finland, which has seen a deterioration of its shipbuilding base for many years, today announced its latest plan to stem the flow of red ink: a phase out of the Rauma shipyard. Senior management cited the continued bad global economy…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $9.46 million to help improve 12 shipyards in 10 states. The grants, provided through the Small Shipyard Grant Program, foster efficiency and modernizations that…
CIC Boluomiao Shipyard, Zhuhai, delivers 3 oil-spill response vessels to regional safety agency.The delivery ceremony of the oil spill emergency response vessels “GUANGZHOU SANJIANG 1”, “GUANGZHOU SANJIANG 3”, “GUANGZHOU SANJIANG 4” for Sanjiang…
Austal announce new strategic partnerships in the Asia-Pacific region to enhance its support to the US Navy & others in the region.Following on from the strategic partnership with Singapore’s Sembawang Shipyard Pte Ltd announced in January 2013…
President & CEO Mathews Pothen of Guam Shipyard advises its 280 workers they will not benefit by joining a union.Guam Shipyard employees are shortly to make an important decision for their future – either to remain status quo or to be represented…
The Finland PM is hopeful that a strong new owner can turn around the prospects of the cash-strapped Finnish shipyards.This past week, the South Korean parent company STX announced it plans to sell off the Rauma and Turku shipyards as well as its half-share in the Helsinki shipyard…
One of MAN Diesel & Turbo’s oldest licensees, Mitsui, hosts a demonstration of the ME-GI marine diesel engine at its Tamono works.A large assembly of guests attended the demonstration and the following reception where, among others, MAN Diesel & Turbo’s Dr…
Great Lakes Shipyard continues to make progress on the construction of two Aura-class tugboats for Seacor Holdings.Great Lakes Shipyard was earlier awarded contracts by Caribbean Tugz, LLC, an affiliate of Seacor Holdings, Inc., to simultaneously…
