Conrad Shipyard has formed a new business unit focused on LNG projects. Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges…
Overseas Shipholding Group, Inc. (NYSE:OSG) (the “Company” or “OSG”) announced today that it has been approved by the New York Stock Exchange (“NYSE”) to transfer its stock listing to the NYSE from the NYSE MKT. The Company’s common stock, which will continue to trade under the ticker symbol OSG…
The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) has passed the final milestone in its evolution from a technical concept to commercial operation as a marine main engine…
The Turkish defense firm Defense Technologies and Engineering (STM) won the tender to modernize Pakistan's submarines against its French competitor DCNS, reports Daily Sabah.STM and Pakistan’s Ministry of Defence Production (MoDP) have concluded…
Turkish Navy’s third Milgem class corvette, the F-513 TCG Burgazada, created as part of the MILGEM project, was launched with a ceremony attended by Turkish President Recep Tayyip Erdoğan and Prime Minister Binali Yıldırım. TCG Burgazada…
The Dennis & Phyllis Washington Foundation, in conjunction with Seaspan, announced today a multi-year, multimillion dollar investment in the future of British Columbia’s marine industrial sector. The commitment totals $2.9 million and includes a three-year…
Tsakos Energy Navigation Ltd. (NYSE:TNP) has taken delivery of the aframax tanker Elias Tsakos, part of the 15-vessel newbuilding program and the first of the nine assigned for the Statoil long-term business. The vessel was delivered from…
Taiwan’s shipping company Wan Hai Lines has placed an order for eight 1,900 teu box ships worth a total of $212 million - $236 million. Wan Hai said that the vessels will be built by shipbuilder Naikai Zosen Corp. Delivery dates for the newbuildings were not disclosed…
Austal Limited announced securing two new contracts for three commercial passenger ferries with a total value of approximately AU$30million.Firstly, Austal has been awarded a contract for the construction of a 50 meter high speed passenger catamaran for Seaspovill Co…
TASS reports that Vladimir Monomakh Borey class nuclear-powered ballistic missile submarine (Project 955) will complete the voyage to the Pacific Fleet before the yearend, quoting Commander-in-Chief of the Russian Navy Admiral Vladimir Korolev…
The floating out of the world’s largest nuclear-powered icebreaker Arktika in Russia’s St. Petersburg shows Russia's ambitions to control the top of the world in the 21st century. The Arktika launched early on June 16, ahead of its original 2017 schedule…
Russia has unveiled Arktika, touted as the world’s largest and most powerful nuclear icebreaker, during a launching ceremony on June 16 at Baltic Shipyard in St Petersburg. The 173 meter long, 34 meter wide Arktika is the lead nuclear icebreaker…
A Virginia-class attack submarine will be called the USS Arkansas, Secretary of the Navy Ray Mabus announced. Secretary of the Navy Ray Mabus announced that SSN 800, a Virginia-class attack submarine, will bear the name USS Arkansas. “As…
The Meyer family is building ships since 221 years. Ever since, the family company’s success relied on a long-term approach that aimed to develop the technology, advance the skill-set of employees, and reinvest profits. The basis for this success is a stable ownership structure…
Imperial Shipping has chosen Van der Velden Marine Systems retractable flanking rudder systems for its push boats. The retractable flanking rudder system is an in-house innovation of Van der Velden Marine Systems (VDVMS). The system brings…
