Under India's prestigious Sagarmala Programme, 415 projects, at an estimated investment of approximately INR 8 Lac Crore (USD 120 Bln) , have been identified across port modernization & new port development, port connectivity enhancement…
Viega LLC has hired Yasmin Fortuny as its new technical manager for its shipbuilding and cruise business development division in the Florida, Puerto Rico, Bahamas and Caribbean regions. In this position, Fortuny is responsible for positioning…
Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has entered into definitive agreements to acquire two modern Kamsarmax drybulk carriers from an unaffiliated third party for an aggregate total consideration of approximately US$30…
Hyundai Merchant Marine (HMM) has inked a memorandum of understanding (MoU) with state-backed Korea Shipping Company (KSC) for vessel sales worth up to Won850bn ($739.4m) book value, which will strengthen HMM's financial position. Under the deal…
Seaspan FerriesSteve Roth has been promoted to President of Seaspan Ferries Corporation (SFC). In this position, Steve will continue to have the primary accountability for the overall performance of the SFC business unit, including management of day-to-day operations of SFC…
Tanker shipping company d’Amico Tankers agreed with Hyundai Mipo Dockyard Co.Ltd. – South Korea to postpone the delivery of its first newbuilding LR1 (Long Range – 75,000 dwt)from April 2017 to October 2017. This agreement follows a specific…
Nordic American Tankers Limited (NAT) said it has taken delivery of Nordic Space, its second Suezmax newbuilding tanker of 158,000 deadweight tons, built at Sungdong Shipbuilding & Marine Engineering Co., Ltd., South Korea.The Nordic Space has started on her maiden voyage…
** Dry bulk shipper Golden Ocean's CEO Birgitte Ringstad Vartdal says industry now faces more positive outlook after market brutal downturn** Says demand is picking up, supported by increase in steel consumptions both in China and in the rest of the world…
Huntington Ingalls Industries (HII) hosted commencement exercises on Saturday for 184 graduates of the company’s Apprentice School located at Newport News Shipbuilding. The ceremony was held at Liberty Baptist Church Worship Center in Hampton…
Brunswick Commercial & Government Products (BCGP) has promoted Jeff Hubert to director of sales, responsible for product development initiatives and worldwide business development. Hubert joined BCGP in 2016, and has been serving as the company's regional sales manager for the Eastern U…
Odfjell SE has announced the signing of long term charter agreements for two chemical tankers with stainless steel cargo tanks, for construction in Japan. The agreement includes two vessels of 35,500 dw tonnes and 28 stainless steel cargo tanks…
The labor unions of Hyundai Heavy Industries (HHI) downed tools in their first full strike since 1994, in protest to a sweeping restructuring plan that includes spinoff all non-shipbuilding operations as well as shutdown of a dock in Gunsan in southern coastal region…
U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017. In his role…
The latest addition to the Harley Marine fleet is now completing sea trials and preparing to enter service. The “M/V Earl W. Redd” will be operated under the flag of the Olympic Tug & Barge unit of Harley. The 120 foot tractor tug, built by Diversified Marine Inc…
Damen Shiprepair & Conversion (DSC) plans to lay off around 150 workers as part of its reorganisation program at three Dutch yards within its group. All employees at the three locations — Damen Shiprepair Rotterdam (DSR), Damen Shiprepair…
