Shipbuilding News

 

NASSCO Launches ECO Class Tanker Independence

Dec 14, 2015

U.S shipbuilder General Dynamics NASSCO launched the first ship in a series of ECO Class tankers for the SEA-Vista fleet at a christening and launch ceremony at the company’s shipyard in San Diego on Saturday, December 12. The ship, the Independence…

Kristensen to Head Ulstein Design and Solutions

Dec 14, 2015

Eva Kristensen will take the helm as the new managing director at Ulstein Design and Solutions AS starting in January 2016. Kristensen will also enter into the role as COO for the Design & Solutions business area, and be one of the executives in the group management of Ulstein Group ASA…

The Orderbook And The Fleet: A Golden Ratio?

Dec 14, 2015

The orderbook to fleet ratio is a useful indicator of future supply growth, both across the industry as a whole and within sectors, according to a research report by Clarksons. Since peaking in 2008, the orderbook has fallen significantly as a percentage of the total fleet…

Chesapeake Hires New Director of Design and Engineering

Dec 11, 2015

Chesapeake Shipbuilding Corp. said that Steven McGee, P.E. has joined the senior executive team as Director of Design and Engineering at Chesapeake Shipbuilding. With more than 20 years of engineering and maritime experience, McGee will…

Finland's New Icebreaker Polaris Named in Helsinki

Dec 11, 2015

A naming ceremony was held today for Finland’s new-generation icebreaker, Polaris, built at Arctech Helsinki Shipyard. Presently under construction at Helsinki Shipyard, the vessel is designed especially for icebreaking operations in the…

Korean Shipbuilders May Fail to Achieve Targets

Dec 11, 2015

South Korea's big three shipbuilders - Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. -  may miss this year's order targets as a global economic slump and lower oil prices sharply reduce shipbuilding demand…

Prince of Wales' Final Section Sails for Rosyth

Dec 10, 2015

The final section of aircraft carrier HMS Prince of Wales began its delivery voyage from Glasgow to Rosyth today, 10 weeks ahead of schedule. As part of the the Queen Elizabeth Class aircraft carrier program, newbuilds HMS Queen Elizabeth…

Bollinger Promotes Blackburn

Dec 10, 2015

Bollinger Shipyards has promoted Brent Blackburn as Director of Engineering. Blackburn has more than 16 years of experience in the U.S. shipbuilding and maritime industry. He joined Bollinger in 2004 working in various engineering, estimating…

India Announces $615 mln Package for Ship Builders

Dec 10, 2015

The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has cleared a Rs.4,000-crore ($615 mln) package to spur India’s ship building industry, combined with a slew of incentives. The sops include the right of first refusal on all government purchases for Indian shipyards…

BAE's GBP90mln Contract for Barrow Central Yard Complex

Dec 10, 2015

BAE Systems has awarded a £90m contract to Morgan Sindall plc for the development of one of the UK’s largest industrial facilities at the Company’s submarine building site in Barrow-in-Furness, Cumbria, reports North West Evening Mail. The…

Evergas Orders Four Ethylene Vessels

Dec 09, 2015

Copenhagen-headquartered gas tanker carrier Evergas has just ordered four ethylene/ethane newbuildings, with an option for two more.  The contract for the four newbuildings, each sized 32,000 cu m, has also been signed by Hong Kong engineering company JHW Engineering & Contracting…

Video: Navy's New Destroyer Underway

Dec 08, 2015

The future USS Zumwalt (DDG 1000) has departed departed Bath Iron Works to set sail for the first time, conducting at-sea tests and trials in the Atlantic Ocean, Dec. 7.A video of the ship underway is available here.The Navy said the…

CMES Confirms Order for 10 VLCCs

Dec 08, 2015

The board members of China Merchants Energy Shipping (CMES) has approved of a plan to order an additional 10 eco-friendly VLCCs. These vessels will be operated by CMES’ Hong Kong-based subsidiary, China VLCC Company Limited,  a tanker JV between CMES and Sinotrans & CSC Group…

Chinese Shipyard New Orders Slump

Dec 08, 2015

Drop in commodity prices has slashed global demand for bulk carriers, pushing shipyards out of business, says Chinese news agency Caixin. Huai Jinpeng, a vice minister from the Ministry of Industry and Information Technology, which oversees…

Iran, S. Korea Pact for Shipbuilding

Dec 06, 2015

Iran has finalised a deal with South Korea to launch a joint shipbuilding venture between the two countries, IRNA reported. The venture will be established between Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Hyundai…

Logistics News

Oil Supply to Outpace Demand in Medium-Term

Oil Supply to Outpace Demand in Medium-Term

Guinea Exports Record 48.6 Million Tons of Bauxite

Guinea Exports Record 48.6 Million Tons of Bauxite

ASRY Hosts First Innovation Forum with Lumofy

ASRY Hosts First Innovation Forum with Lumofy

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind Facility in Port of Blyth

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