Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier newbuilding has been approved by the board of an overseas owner. The contract, is subject to agreement on the shipbuilding contract terms, which are scheduled to be agreed by March 9…
Samsung Heavy Industries(SHI) revealed on April 4th that a contract for two 174,000㎥ LNG carriers on BOD approval term. The price is 184 million USD per vessel(around KRW 195 billion). The latest LNGCs would be delivered in July and October 2020…
PAO Sovcomflot (SCF Group) informed that it has signed a new $252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; Citibank; ING Bank; KfW IPEX-Bank, and Société Générale…
U.S. shipbuilder Huntington Ingalls Industries (HII) announced that Latitia D. McCane has been named director of education for The Apprentice School at Newport News Shipbuilding.McCane is responsible for the overall leadership, vision and strategic direction of craft training…
Swedish shipping company Furetank Rederi AB, a part of the Gothia Tanker Alliance, has taken delivery of its latest vessel, Fure Vinga, the first in a series of six 17.999 DWT product tankers with LNG operation. 'We welcome Fure Vinga to our alliance…
A new icebreaking research vessel built for the Norwegian governmental body for oceanographic research and fishing, was delivered this week in Norway. After the building process was completed at Fincantieri’s Integrated shipyard of Riva Trigoso and Muggiano in Italy…
Monaco-based international shipping company Scorpio Bulkers said it has received a commitment for a loan facility of up to $12.75 million from a leading European financial institution to finance the Company’s Kamsarmax bulk carrier. The…
Huntington Ingalls Industries announced that Australia’s Department of Defence has awarded a contract to Naval Shipbuilding Institute (NSI), a joint venture between HII’s Technical Solutions division and Kellogg Brown and Root’s (KBR) Government Services division…
General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction of Matsonia began with a ceremonial first cut of steel at NASSCO's San Diego shipyard where the first ship in the series…
On April 2, No.13 and No.14 111,000 DWT Oil Tankers launched successively from NTS drydock, both of which are built for Frontline. New Times Shipbuilding's CEO Liu Haijin and the representatives from the owner and ABS attended the launching ceremony…
Government of Greenland owned shipping company Royal Arctic Line A/S has signed a contract with Spanish shipbuilder Zamakona Yards for the construction of two reefer ships with and the concept design will be conducted by the norwegian company Havyard…
The relentless increases in luxury ocean and river travel that has propelled the cruise industry in 2017 to new passenger records is a clear indication that 2018 and the next five years will see a new era in global travel. Even as the Cruise…
Huntington Ingalls Industries announced that Christie Thomas has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall responsibility for contracts…
Huntington Ingalls Industries said that Christie Thomas was promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall responsibility for contracts…
Huntington Ingalls Industries’ Ingalls Shipbuilding division received a $94 million fixed-price contract from the U.S. Coast Guard today to purchase long-lead materials for a 10th National Security Cutter (NSC). “National Security Cutters…
