Grand Bahama Shipyard announced today that its acting chief executive officer David Skentelbery will assume the role of CEO following approval from the ship repair yard’s board of directors. Skentelbery has been with the company since January 2016…
Bibby Offshore has completed a contract worth more than £2million for BP in the North Sea. The project, completed in December 2017, utilised Bibby Offshore’s diving support vessel Bibby Topaz to carry out inspection, repair and maintenance operations in the Rhum gas field…
Voyager Maritime Alliance Group (VMAG) has completed a customized Auto Pilot, Rudder and Steering Stick integration system, on a 48ft trawler, M/Y Bavaria.David Leone, President of Voyager Maritime Alliance Group (VMAG), commented, “Like most equipment…
As in 2016, Germany and Greece top the list of country dumpers in 2017, according to new data released today by the NGO Shipbreaking Platform. German owners, including banks and ship funds, beached 50 vessels out of a total of 53 sold for demolition…
Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this installation for operator Aker BP in 2019. The structures will be deconstructed during winter 2019 and spring 2020…
The Italian shipbuilder Fincantieri signed Friday an agreement to buy 50% of the share capital of France's STX Shipyard, for 59.7 million euros. This takeover is part of the agreement in principle reached in September between France and Italy…
German liner shipping company Hapag-Lloyd is sending seven older container ships to be recycled in Turkey and China. The respective shipyards are especially equipped and certified to recycle ships in an environmentally friendly manner…
Finnlines said it is continuing capacity expansion efforts in response to growing volumes. The Baltic Sea ro-ro and passenger vessels operator has purchased MS Europalink as reports further progress in its vessel lengthening program. Finnlines Plc’s fully owned Swedish subsidiary…
The Norwegian Central Bank has decided to exclude ship owners Evergreen Marine Corporation, Precious Shipping, Korea Line Corporation and Thorensen Thai Agencies from the Government Pension Fund Global (GPFG). The exclusion is based on…
Dutch shipyard Damen has confirmed the successful sale of its 70-meter support vessel, Game Changer. The yacht will now return to Gorinchem in the Netherlands for further customisation. Game Changer is Damen's fourth Yacht Support vessel sold in the 70-metre segment…
The Shipowners' Club has revelead details about Mayflower Autonomous Ship project (MAS), which is an innovative new venture to design, build and sail the world’s first fully autonomous vessel across the Atlantic Ocean. The project’s name…
Hamburg shipowning and management group Bernhard Schulte has signed a contract for the acquisition of 100% of the shares in the prestigious LNG ship manager PRONAV - subject to merger approval of the German Federal Cartel Office (Bundeskartellamt)…
South Korean President Moon Jae-in stated that the technological prowess and competitiveness of Korean shipbuilders, assuring them that, “Korea can become a global shipbuilding leader once again.” President Moon was visiting Daewoo Shipbuilding and Marine Engineering`s Okpo Shipyard in Geoje…
Italian yard Palumbo Group has acquired the former Mondomarine facility in Savona on an initial six-month lease, reports local media. 'By leasing the business unit of the Savona shipyard, Palumbo Group will grant the restart of the shipyard's activities…
South Korean shipyards have sharply raised their order targets for next year on expectations that the shipbuilding sector will improve, Yonhap reported. The country's three major shipyards - Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME)…
