China Ocean Shipbuilding Industry Group (COSIG) with its unit, China Ocean LNG has bought a 47% stake in Jiangxi Petrochina Kunlun Gas (Jiangxi Gas) for a total of ($6.2m), according to a stock market statement. The Chinese yard noted the benefits of investing in Jiangxi Gas…
Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector. Over the next year, the company is restructuring some independent divisions under the same roof. It’s…
Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets…
Mumbai-based shipping firm Varun Shipping Co. Ltd will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announced that according to the Composite Scheme of Arrangement and Amalgamation…
With the christening of the new container ship “Vicente Pinzón”, the Hamburg Süd subsidiary Alianҫa has -- for the moment -- completed the expansion and modernization of its fleet. In the past two years, Alianҫa has launched a total of six newbuildings for its cabotage services…
In trying to make sense of the global, mobile maritime industry, there is no better ‘go to’ than Shashi N. Kumar, Ph.D., Master Mariner, Fulbright Senior Specialist Fellow, Emeritus Professor of International Business & Logistics, Academic Dean…
One of the world's premiere ship repair facilities, ASRY based in Bahrain, unveils its move into new vessel construction.ASRY signed an agreement with the Bahrain Coast Guard to design and construct a new Landing Craft for the transport of vehicles…
Norway's Maritime Partner is set to reach a landmark in its history as it completes the construction of its 2000th vessel since founding in 1994.Maritime Partner CEO Peder Myklebust said the Aalesund based company is ‘immensely proud’ that…
Will the prestigious TransAtlantic speed and endurance record ever be broken? Should it?Twenty five years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by a ship built in Australia…
With the christening of the new container ship “Vicente Pinzón”, the Hamburg Süd subsidiary Alianҫa has momentarily completed the expansion and modernisation of its cabotage fleet. In the past two years, Alianҫa has launched a total of six newbuildings for its cabotage services…
88 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 163.0 billion ($26.3 billion) during the January-May period this year, up 5.5 percent year on year, says China Association of the National Shipbuilding Industry (CANSI)…
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion, in its attempt to turn the country into a hub for maritime operations on the continent…
The Tai Pari and Tai Timu, two RAmparts 2400W Class tugs designed by Robert Allan Ltd of Vancouver, Canada, have been delivered by Cheoy Lee Shipyards to the Port of Tauranga Limited. The Tai Pari arrived in New Zealand on June 5 after a 30 day voyage on her own bottom…
The hulking shell of Royal Caribbean’s “Harmony of the Seas” — the world’s largest cruise ship — entered the water in France on Friday. It’s expected to take its maiden voyage in 2016. The huge vessel has been under construction since September 2013 in the shipyards in Saint-Nazaire…
Maersk Line has been named Global Carrier of the Year at the Containerization International Awards 2015. It also took home the Shippers’ Choice award, which is voted for by the global container shipping industry. Maersk Line was named Global…
