South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. posted a first-quarter loss after incurring more costs to finish some offshore projects. First-quarter operating loss came to 26.3 billion won ($22.8 million) , sharply narrowing from an operating loss of 1…
Crowley Maritime Corp. announced it will hold a christening ceremony Thursday, May 5 in New Orleans for the newly built Louisiana, the company’s third of four new Jones Act product tankers. The 600-foot-long, 50,000-dead-weight-ton (dwt)…
Elandra Yachts has added another layer of craftsmanship to its boat-building operation with the launch of a new in-house paint department at the Gold Coast plant, signalling further growth for the Australian luxury motor yacht brand.Renowned…
Jennifer Boykin, vice president of engineering and design for Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, has received the 2016 YWCA Women of Distinction Award. “We are thrilled to celebrate Jennifer and her accomplishments in the STEM and engineering fields…
The US military is beginning testing on the world's largest unmanned ship - a self-driving 40-metre vessel designed to travel thousands of kilometres out at sea without a single crew member on board. The 132-foot 'Sea Hunter' will patrol…
Unfamiliar specifications and processes often result in rework, delays and misunderstandings, and are adding thousands of engineering hours to the design and construction of offshore oil and gas installations. Cost savings are delivered by addressing variations in owner…
Damen Shipyards Group has announced the opening of a new branch office in Houston, Texas. This expansion, under the name of Damen North America, meets the increasing demand for Damen’s shipbuilding concepts and repair and conversion services…
Damen and Expedition Voyage Consultants team up to develop globally capable expedition ship. In response to interest from clients in the fast-growing expedition cruise market, Damen has teamed up with Expedition Voyage Consultants Ltd. to develop a specialist Damen cruise ship…
‘Kalvari’ (Tiger Shark), the first of the Scorpene-class submarines, went to sea for the first time on Sunday marking the commencement of sea trials. The submarine sailed out at about 10 am under her own propulsion for the first sea trial…
On Friday the 29th of April, Nb. 420 was launched in Leer. She was christened ‘Symphony Sun’ and is the fourth vessel in a series of 6 that will be delivered to Symphony Shipping.Symphony Sun is a vessel of our ‘Ecobox’ design, which is…
Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone.The ship was presented yesterday evening during a ceremony which was attended…
South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder, has received a contract termination for three floating liquefied natural gas (FLNG) units from oil and gas giant Royal Dutch Shell Plc. The deal for the three vessels…
Dassault Systèmes Congratulated DCNS and Australian Government on the historic naval Defense Collaboration France-based DCNS has been selected by the Commonwealth of Australia as its preferred partner for the design of the 12 future submarines…
MacGregor has received orders from two Japanese yards to deliver comprehensive RoRo access equipment packages for four car carriers. The equipment will be delivered during Q3 in 2017. The orders are booked into the first quarter 2016 order intake…
According to a regulatory filing, Hyundai Heavy Industries (HHI) racked up 10.2728 trillion Korean won in sales for Q1 2016, a 7.8 percent decline from the previous quarter while operating income swung to a profit of 325.2 billion won, putting an end to a nine-quarter losing streak…
