Shipbuilding News

 

RRS Boaty McBoatface: Name Sought for New UK Polar Ship

Mar 20, 2016

The public are being asked to name the UK’s new polar research ship.  The current front-runner for the vessel's name is already gathering a lot of attention: RRS Boaty McBoatface. An open vote has been set up to name the next Royal Research Ship (RRS)…

Indian Maritime Development Can Create 10 Million Jobs

Mar 19, 2016

Indian minister for shipping Nitin Gadkari has said port and shipping sector has potential to create nearly 4 million direct jobs and 6 million indirect employment opportunities over the next 5 years. Gadkari said 'all the developed countries have a vibrant port sector…

Germany Hardsell Submarine Deal With Australia

Mar 18, 2016

The German company competing for Australia's $50 billion submarine contract is ramping up its pitches and lobbying became more intense. Germany is positioning itself as the 'safe option' to build Australia's new submarine fleet, arguing it avoids upsetting China…

Cyprus President Vows to ‘Safeguard Shipping’

Mar 18, 2016

Cypriot president Nicos Anastasiades has expressed his government’s determination to protect and further develop the shipping sector as per report in Financial Mirror. “Over the past decades Cyprus has built up an exceptional maritime infrastructure and high level of expertise…

Green Shipping: Wessels Reederei Takes the Lead

Mar 17, 2016

International trade relies on transportation by sea, as about 85 percent of the freight volumes are shipped globally by vessels. But while maritime is widely regarded as the most environmentally benign of any transport system, maritime transport can cause a diverse environmental burden: It includes…

Burger Boat Starts Build of Explorer Yacht

Mar 17, 2016

Burger Boat Company announced the start of construction on Hull 510, a custom 103'-06' (31.55m) full displacement steel and aluminum Explorer Motor Yacht. The Owner and Designer, Luiz De Basto of Miami, Florida, USA, recently visited the shipyard in Manitowoc…

18 New Ferries Needed for New NYC Ferry Service

Mar 17, 2016

NYC Awards New Ferry Service Deal to HornblowerNew York City Mayor Bill de Blasio announced that the Citywide Ferry Service is on track to launch in 2017, with the selection of Hornblower, Inc. as its operator. The new service, which will…

Hyundai Hit by $100mln Addl Tax Bill

Mar 17, 2016

South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has been hit by another hurdle as it faces KRW 120 billion (USD 100.5 million) in taxes, Yonhap news agency informed. HHI has been notified by the country’s tax authorities…

Marad Chief, Coast Guard Commandant Advocate for Jones Act

Mar 16, 2016

Adm. Zukunft: “If you take the mariners away, what is the world going to look like 10 years from now? If we don’t have a US fleet or US shipyard to constitute that fleet, how do we prevail?” The House subcommittee on Coast Guard and Maritime…

Maritime Economics: Top Five Shipyards by Market Value

Mar 16, 2016

Shown is an infographic courtesy of VesselsValue.com looking at the top five shipyards ranked by the market value of the newbuilding contacts currently on order.According to Senior Data Editor, Craig Jallal, 'The current top five shipbuilding…

Ponant Orders Four Ships from VARD

Mar 16, 2016

Norwegian offshore shipbuilders VARD have announced a deal with French luxury cruise ship operator Ponant for the construction of four luxury expedition cruise vessels, for delivery in 2018 and 2019. The vessels will be developed by Vard…

Wärtsilä Propulsion for Seabourn Cruise Vessels

Mar 11, 2016

Two new cruise vessels being built for USA based Seabourn Cruise Line will feature a broad assortment of Wärtsilä propulsion, electrical and automation solutions. The ships are to be built at the Fincantieri yard in Italy. The 'Seabourn Encore'…

Chinese Shippers Order for 30 Valemax Vessels

Mar 11, 2016

The Chinese shipping companies - Chinese shipping majors Cosco Group, China Merchants Group and ICBC Financial Leasing Co- ordered 30 Valemaxes worth a combined $2.5 billion for delivery starting from 2018, deployed on Brazil-China trade routes…

China's Shipping Route to Iran

Mar 11, 2016

Two state-run Chinese firms - China National Transportation Equipment & Engineering Co Ltd (CTC) and Dalian Shipbuilding Industry Co (DSI) -  are pushing for multi-billion dollar Intermodal transport deals with Iran, says a report in Reuters…

Unsolicited Bid by Davie Shipyard

Mar 11, 2016

Quebec-based Chantier Davie Canada Inc. presented a bid, potentially worth up to a billion dollars, to the federal government last month offering a Polar Class 3 icebreaker, three smaller River-class icebreakers and two multi-purpose research…

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US Grain Shipments Surge 9% in face of Chinese Tariffs

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Great Lakes Limestone Trade Up in June

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