South Korea's Hyundai Heavy Industries has won the Gazprom Flot tender for the construction of the Kaliningrad floating LNG terminal, Gazprom said. It will build a floating liquefied natural gas terminal in the western Russian city of Kaliningrad for $295 million…
Hornbeck Offshore Services completed the sale of three supply vessels to the U.S. Navy, helping boost profits in the first quarter even as low oil prices put pressure on revenues. In February, the Navy agreed to buy three supply boats from Hornbeck with an option to purchase a fourth…
The Landing School has developed five scholarships totaling $80,000 for students who wish to have a career in the marine industry but struggle to meet educational financial obligations. These scholarships have an application process where…
China Merchants Energy Shipping has posted 22.6% on-year growth in net profit to Yuan225m ($36.3m) during the first quarter ended 31 March 2015 due to buoyant tanker markets. Revenue for the quarter more than doubled to RMB1.36bn from YuanB660…
Russia has launched the fourth of its Varshavyanka-class diesel-electric submarines. Russia has launched what it claims to be the “quietest submarine in the world.” Admiralty Shipyards - a Russian defense company - held a ceremonial launching…
In June 2014, Sea Star Line partnered with the 11 clubs of the Boys & Girls Clubs of Puerto Rico in a contest to name the new liquefied natural gas (LNG) vessels which will be dedicated to the Puerto Rico trade by TOTE, Sea Star Line’s parent company…
Bollinger Shipyards was presented the 2014 Award for Excellence in Safety for the 10th consecutive year, and was also presented the 2014 Award for Improvement in Safety by the Shipbuilders Council of America (SCA) on April 23, 2015, during the…
The Great Lakes Towing Company & Great Lakes Shipyard announced this week that it has made two new hires. Graham Gajewski has been named naval architect, reporting to Jonathan Leivo, director of engineering, and Patrick Owens has been named operations coordinator…
United States Congressmen Joe Courtney (D-Conn.) and Rob Wittman (R-Va.) this week received the Maritime Leadership Award from the Shipbuilders Council of America (SCA), a national trade association representing the nation’s shipbuilding and repair industry…
D'Amico International Shipping has ordered two new long range one product tankers, to be built by Vietnam’s Vinashin Shipyard Co for about $44m each. The tankers are expected to be delivered mid-2017. The 75,000-dwt eco-LR1 product tankers will be built in Vietnam by Vinashin Shipyard…
Vyborg Shipyard signed a License and Concept Design Agreement with the Finnish engineering company Aker Arctic Technology for two icebreaking support vessels. Two multifunctional diesels-electric- powered icebreakers 22 MW will be built at Vyborg Shipyard by order of LLC Gazprom Neft Novy Port…
Golden Ocean Group Limited has entered into several agreements concerning its fleet.Golden Ocean has agreed with Ship Finance International Ltd ('Ship Finance') a sale leaseback transaction of eight Capesize vessels currently owned by Golden Ocean…
Royal IHC is very honored to be part of the program on the King’s Birthday. Among other activities, the King and his family will be viewing a ‘Grande Maritime Parade’ in Dordrecht. The last ship in this spectacular show is the offshore vessel…
Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs). Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017…
Huntington Ingalls Industries and Kinder Morgan Inc. decide not to pursue joint venture on Avondale redevelopment Huntington Ingalls Industries (HII) announced it has completed discussions with Kinder Morgan Inc. (KMI) to explore the redevelopment of HII's Avondale shipyard in Louisiana…
