Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further…
There being a new Recreational Craft Directive is now common knowledge in the industry, because of which and due to brisk demand, IMCI organized several seminars to bring the boat building community up to speed with the new requirements. The first was at IMCI Headquarters in Belgium and then…
A new factory trawler fishing vessel being built for Norwegian marine trawling operator Halstensen Granit AS is to feature a complete Wärtsilä propulsion solution. The vessel is under construction at the Tersan yard in Turkey and the Wärtsilä equipment is scheduled for delivery in mid-2016…
The United States Department of State awarded a contract to Willard Marine, Inc., to provide the Philippine National Police Maritime Group with patrol vessels equipped to conduct search and rescue operations along Philippine maritime borders…
Secretary of the Navy Ray Mabus announced today that the next Freedom-variant littoral combat ship will be named USS Minneapolis/St. Paul (LCS 21).The future Minneapolis/St. Paul was named to honor the citizens of Minnesota’s Twin Cities who have a long and proud history of naval service…
Secretary of the Navy Ray Mabus hosted a ship-naming ceremony today in Ames, Iowa to announce that SSN 797, a Virginia-class attack submarine, will bear the name USS Iowa. The submarine will be named to honor the history its namesake state has with the Navy…
Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached this week an Agreement - expected to be firm in two months - for the construction of two natural gas propelled ferries around Euro 350 million…
Luxury yacht manufacturer Palmer Johnson Yachts is closing its production facilities in Sturgeon Bay because of dwindling sales and competition from overseas. In a plant closing notice filed Wednesday with the Wisconsin Department of Workforce Development…
CEOs Bob Long of Marine Concepts and Dusty McCoy of Brunswick honored with NMMA’s highest award for achievement The recreational boating industry will recognize two leaders this year with the National Marine Manufacturers Association’s (NMMA)…
Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), which operates the world's fourth shipbuilding facility in Subic Freeport Zone, unveiled the first-ever Philippine-made Liquefied Petroleum Gas (LPG) carrier. The ship was…
Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET. Edelweiss now controls 70% of the Indian yard’s debts. A month ago plans were made to change the yard’s name to Bharati Defence…
Go Offshore, wholly-owned subsidiary of Otto Marine has entered into an agreement for two long-term anchor handling tug supply (AHTS) charter contracts worth USD25.2 million with a large oil and gas company. The two contracts are in respect of two 16…
The Great Lakes Towing Company has kicked off the 2015-2016 school year by partnering with three Cleveland schools to provide internship and on-the-job training opportunities for local students. With “back to school” in full swing, education is top-of-mind…
China Shipping Container Lines Co is planning to buy around 10 ultralarge container ships for around $1.5 billion, despite the shipping industry struggles with a capacity glut, reports WSJ. The company wants to fulfill capacity commitments…
Offshore contractor Subsea 7 has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field in the UK North Sea. The ultra-high pressure, high temperature field…