Shipbuilding News

 

Russian Maritime Register of Shipping Visits ACSC

Apr 19, 2018

Azerbaijan Caspian Shipping Company (ACSC) held a meeting with Konstantin Palnikov, the General Director of the Russian Maritime Register of Shipping (RS), which is one of the well-known classification societies.  During the meeting, the…

$252m Finance for LNG-Powered Tankers

Apr 19, 2018

Watson Farley & Williams (“WFW”) has advised ING Bank (“ING”), as agent, security trustee and the syndicate of lenders on the US$252m financing of the world’s first ever LNG-powered aframax tankers for leading Russian shipowner Sovcomflot Group (“SCF”)…

Reaume Earns P. Eng. License

Apr 18, 2018

Robert Allan Ltd. announced that Jonathan Reaume has earned his accreditation as a Registered Professional Engineer with EGBC (Engineers and Geoscientists British Columbia).Reaume has been working with Robert Allan Ltd. since 2014 as a Mechanical Engineer specializing in hydrodynamics…

Ballast-free LNG Carrier Project Advances

Apr 18, 2018

GTT, Lloyd's Register (LR) and Dalian Shipbuilding Industry Corporation (DSIC) today launched the second phase of the '30,000m³ B-FREE LNG carrier' Joint Development Project (JDP). A meeting was held today at Lloyd's Register premises in Shanghai to commence Phase II of the project…

MAN D&T Scoops 11 MSC Vessel Order

Apr 17, 2018

MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines.Samsung Heavy Industries (SHI) will construct six of the vessels while…

U.S. DOT: Funding Available for Small Shipyards

Apr 16, 2018

The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced the availability of $19.6 million in federal funding to support capital improvements and employee training at small U.S. shipyards. The grants are provided through the Small Shipyard Grant Program…

Arena Named VP at Shipbuilder

Apr 14, 2018

Huntington Ingalls Industries announced today that Jon Arena has been named vice president and chief counsel of HII’s Newport News Shipbuilding division. He will succeed Jim Gildea, who retired on April 1. Arena will be a key member of the law department’s leadership team…

Stena Drillship First to Receive DNV GL MPD Class Notation

Apr 13, 2018

DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY).  Stena Drilling Ltd. (SDL) is the first drilling contractor to receive the notation…

Vigor Hires McCreary, Blount in Leadership Roles

Apr 13, 2018

U.S. shipbuilder Vigor has hired Richard McCreary as VP of Business Development and Bill Blount as International Business Development Manager. As VP of Business Development, McCreary will lead Vigor’s growing government programs in ship repair and fabrication…

Russia's Aston to Build 4 New Ships

Apr 12, 2018

The JSC Aston, one of Russia's largest producers of foodstuffs and ingredients, and is a leading exporter of agricultural goods and vegetable oils, has signed the contracts with two Chinese shipyards for a construction of 4 ships. Addressing…

Bahri Adds New VLCC Khurais

Apr 11, 2018

National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI).  Industry leader adds fourth VLCC this year, bringing its total number of vessels to 92…

Ocean Yield Takes Delivery of Two Vessels

Apr 10, 2018

Norwegian shipowner Ocean Yield ASA took delivery of newly-built handysize dry bulk vessel 'La Fresnais' and 'Interlink Amenity'. In press release, Ocean Yield said that it took the delivery of the 2018 built handysize dry bulk vessel 'La Fresnais' on April 10…

Fetten Named CEO at MV WEFTEN

Apr 10, 2018

Maritime industry veteran Peter Fetten will take over as President & CEO of German shipbuilder MV WERFTEN as of May 1, 2018. Jarmo Laakso will remain as Managing Director and step into the position of COO to focus on cruise shipbuilding.Fetten…

HMM to Order 20 Mega Containerships

Apr 10, 2018

South Korea’s largest shipping line Hyundai Merchant Marine (HMM) announced it will order 20 new containerships, including eight 14,000 TEU vessels and 12 ships above 20,000 TEU.The announcement comes less than a week after the South Korean…

KR Releases KR-CON V16

Apr 09, 2018

Classification society Korean Register (KR) announced that it has released the 16th version of its KR-CON software. First launched in 1997, the software program set out to help surveyors, shipbuilders and PSC officers to search for IMO instruments more accurately…

Logistics News

Fairbanks Morse Defense Announces New CEO

Fairbanks Morse Defense Announces New CEO

Port Authority of NSW Announces New CEO

Port Authority of NSW Announces New CEO

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

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