Shipbuilding News

 

COSCO Readies Livestock Carrier for Vroon

Apr 20, 2016

Vroon Offshore Services, a Dutch offshore shipping company, has announced that the launching took place last week at COSCO Guangdong Shipyard,China of Gudali Express.  The vessel is the seventh and last newbuilding livestock carrier to be built for Vroon at this shipyard…

MARAD Grants $4.9 Million for US Shipyards

Apr 18, 2016

The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $4.9 million in grants to support capital improvements at nine small shipyards located throughout the United States. Provided through the Small Shipyard Grant Program…

Cheap Oil Slows Move to LNG as Bunker Fuel

Apr 18, 2016

Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of energy to power ships, and it will be a few more years yet before the fuel makes serious inroads into the marine bunker market. The global shipping sector…

Optimarin Reports Surge in BWTS Orders

Apr 18, 2016

With its latest succession of contracts won, ballast water treatment (BWT) specialist Optimarin reports it has now sold more than 400 of its environmentally friendly UV-based systems.  Optimarin said 2016 has been a boom year for a company…

Norwegian Officials Meet with HHI Leadership

Apr 18, 2016

Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI…

ST Marine Celebrates LMV Sovereignty Launch

Apr 18, 2016

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching Ceremony today for the second Littoral Mission Vessel (LMV), Sovereignty, designed and built for the Republic of Singapore Navy (RSN)…

Samsung, Daewoo Merger on the Way?

Apr 18, 2016

As the Korea government is pushing for restructuring of the faltering shipbuilding industry, speculation grows over a possible merger between the country’s two major shipbuilders — Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering…

Chinese Shipyard Turns Into Car Parking

Apr 18, 2016

To cope up with so much financial strain, Hong Kong-based shipbuilders China Ocean Industry Group – formerly known as China Ocean Shipbuilding Industry Group – is literally being turned into a parking lot, reports Bloomberg. China Ocean Industry Group Ltd…

Maritime India Summit Attracts $12.5 billion Investment

Apr 18, 2016

The first ever Maritime India Summit in Mumbai has resulted in attracting investments worth Rs 82,905 crores ($12.5 billion), says the Ministry of Shipping. A total of 141 MoUs and Business Agreements were signed by various players in maritime sector including Major Ports…

Austal Wins SCA Safety Awards

Apr 16, 2016

Austal USA remains one of the safest shipyards in the country the Shipbuilders Council of America (SCA) announced Mar. 7.Austal’s hard-earned workplace safety record has been recognized, yet again, by the SCA with both the 2015 Award for…

India Targets $60 Bln Maritime Investments

Apr 16, 2016

Indian Shipping Ministry is targeting to get investments worth $60 billion (nearly Rs 3.99 lakh crore) for a five-year term for 240 projects for the success of the ambitious Sagarmala project. The maiden Maritime India Summit 2016 in Mumbai…

Third LNG-ready Tanker Delivered to Crowley

Apr 15, 2016

Crowley takes delivery of Louisiana, third Jones Act tanker with LNG capability Crowley Maritime Corp. has taken delivery of Louisiana, the third of four new, Jones Act product tankers being built for the company by Philly Shipyard, Inc…

Incat Crowther Delivers SEACOR Marine’s 2nd FSV

Apr 14, 2016

Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV).Sistership to the Alya McCall launched in November last year, Najla McCall has seating capacity…

Avalon Christens Newest Ship, Avalon Passion

Apr 14, 2016

River line Avalon Waterways has christened its newest Suite Ship class of river cruise vessels, the 166-passenger Avalon Passion, one week after the company launched another new Suite Ship, the 128-passenger Avalon Imagery II. Built at a shipyard in the Netherlands…

Great Lakes Group in 2016 Hiring Push

Apr 13, 2016

Facing continued growth driven by client demand, the Great Lakes Towing Company and Great Lakes Shipyard have together added 20 new employees in Q1 2016 and are looking to hire an additional 50+ employees before the end of Q4 2016.“We’re looking out for the future…

Logistics News

Baltic Index Rises on Large Vessels

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

Canada's July Trade Deficit Narrows as Exports to the US Rise

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