Shipbuilding News

 

Daewoo Shipbuilding Bags LNG Carrier Order

Jul 20, 2015

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said it has received an order for a new LNG carrier from a ship management specialist Chandris of Greece. The new deal calls for Daewoo to deliver the LNG vessel, able to carry 173…

U.S. 6th Fleet Receives Admiral Stan Arthur Logistics Award

Jul 20, 2015

U.S. 6th Fleet’s operational logistics arm – Commander, Task Force 63 – was selected as the 2014 recipient of the prestigious Admiral Stan Arthur logistics award for “logistics team of the year,” according to a notification released by the Chief of Naval Operations July 14…

Christening of LCS Little Rock

Jul 20, 2015

The Navy’s newest littoral combat ship (LCS), the future USS Little Rock (LCS 9), will be christened Saturday, July 18, during a 10 a.m. CDT ceremony at Marinette Marine Corporation's shipyard in Marinette, Wisconsin. The event will be webcast live at http://navylive…

Shreyas Acquiring Additional Vessels to Expand Fleet

Jul 18, 2015

Mumbai-based Shreyas Shipping and Logistics Ltd (SSL), part of global conglomerate Transworld Group, has acquired two container ships to boost its fleet to 8 vessels from earlier 6 vessels. In a filing to the stock exchange, the company…

Gemeco Partners to Refit the Impossible Dream

Jul 17, 2015

Gemeco Marine Accessories, world-leading experts in the selection, placement and technical support for marine transducers and NMEA networking products, announced today its partnership with non-profit organizations, the Impossible Dream and…

Frøy Server: Mono-Hull Innovation

Jul 17, 2015

When it comes to innovation in new boats, few hold a better record than the Norwegians. As pioneers in the salmon farming industry they have several decades of innovation in maintaining the farms and in transporting fish from farm to market as well as developing work vessels to support the farms…

More than 100 Shipbuilders Lose Jobs at ASC

Jul 17, 2015

South Australian defence shipbuilding company ASC has axed 101 blue collar jobs from its facility at Osborne near Port Adelaide.  The submarine and shipbuilder ASC has let go 101 contractors from its facility in Adelaide in a move it says…

Cosco in Loss, Blames Low Oil Price

Jul 17, 2015

Cosco Corporation has warned investors of an expected net loss for the second quarter ended 30 June 2015, as against a profit in the previous corresponding period. The company said the loss is mainly due to the low crude oil prices over…

Shipping in Rough Waters

Jul 17, 2015

Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club. His comments are published today (16 July 2015) in the 170 million GT…

Aker Philadelphia Shipyard is Philly Shipyard Now

Jul 16, 2015

Aker Philadelphia Shipyard ASA announces its plan to change its name to Philly Shipyard ASA, pending an upcoming shareholder vote at an extraordinary general meeting expected to take place in October 2015. Aker Philadelphia Shipyard, Inc. (APSI) will likewise change its name to Philly Shipyard…

Brakes on Thai Plan to Buy Submarines

Jul 16, 2015

The proposal to buy three Chinese submarines has been put on hold and would not be put into consideration by the Cabinet yet, said Deputy Prime Minister General Prawit Wongsuwan. Prawit said this month the navy had approved a 36 billion baht ($1…

Røkke is CEO of Akastor ASA

Jul 16, 2015

Akastor ASA announced that its Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Mr. Røkke will succeed Frank O. Reite, who will take the position of Chief Financial Officer at Aker ASA.Kristian Røkke, who is…

Signal International Files for Bankruptcy

Jul 15, 2015

Facing a wave of lawsuits filed by workers recruited from India to work on the U.S. Gulf Coast, marine services company Signal International has filed for Chapter 11 bankruptcy protection to help save its business and resolve litigation, the Wall Street Journal reported…

Ingalls Shipbuilding Named a ‘Fit-Friendly’ Worksite

Jul 15, 2015

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has been recognized by the American Heart Association for going above and beyond when it comes to employees' health. Ingalls maintained the association's Fit-Friendly Worksite…

New Courses Offer Online Electrical Safety Training

Jul 15, 2015

AVO Training announces nine-module online training course series “Arc Flash Electrical Safety” with NFPA 2015; now available for purchase AVO Training Institute released its new complete nine-module online course series entitled “Arc Flash Electrical Safety”…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News

Sources say that Russia's daily oil exports to its western ports will drop by 3% in July.
Tanjug Agency reports that the US has postponed sanctions against Serbian NIS Oil Company for a fourth time.
Tesla does not end Florida lawsuit regarding fatal Model S crash