Hanjin Heavy Industries is trying hard to retain its leadership by reviving the shipyard in Subic Bay, the Philippines. Since running at full capacity in 2009, the Subic Shipyard has won orders continuously, surpassing $5 billion dollars in…
Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million.The first contract was awarded by Seaways International Pte…
Mustang Marine, which is under a new ownership and management structure after being bought out of administration in May 2014 by a group of nine investors, has completed a broad range of orders in what was a successful second half of 2014, the company reports…
Adams and Reese Adds Four to Bolster Federal Governmental Relations Practice.Adams and Reese is proud to announce the addition of Partner Matt Paxton and Governmental Affairs Advisors Joe Carnevale, Ian Bennitt and Ashley Godwin, who join…
The Nigerian Ship owners’ Association (NISA) and Turkish Shipowners’ Association (TUSA) has flagged off a working relationship to develop water transportation and ship yards, in the Nigeria maritime sector. The Nigerian Shipowners’ Association (NISA)…
Dorian LPG Ltd. reported that on January 2nd it took delivery of the ECO VLGC 'Corvette' from Hyundai Heavy Industries. 'Corvette', Dorian's third newbuilding delivery, will initially trade in the spot market and is the first of 15 deliveries that the Company expects in 2015.
Kwon Oh-gap, president and chief executive officer of Hyundai Heavy Industries (HHI), issued a New Year’s address, highlighting the company’s challenges and goals for 2015. As cited by HHI’s president, among the companies top challenges are “persisting global economic stagnation…
Russia’s renewed focus on the commercial shipbuilding industry was set as a key aim by Prime Minister, Dmitry Medvedev in his recent discussions on the development of the sector through 2015. The 2015 impetus on competitive opportunity coincides…
China's Yangzijiang Shipbuilding has entered into 13 shipbuilding orders in the fourth quarter of 2014, of which nine were effective orders with a total contract value of US$388 million, brining total orders for 2014 to a record US$1.8 billion Singapore…
Can pain in the China's ship building industry the gain for South Korea? Will 2015 save Korea's major shipbuilders which had a pretty tough time in 2014?Korea's major shipbuilders had a pretty tough time in 2014. Out of the country's three major players…
LaNaval Shipyard in Spain has laid the keel of the ferry Texelstroom on the 30th of December, that is building for the dutch company Royal N.V. Texels Eigen Stoomboot Onderneming (TESO), located in the island of Texel, at the north of The Netherlands…
Hyundai Heavy Industries (HHI) announced today that its management and labor union concluded the negotiation on the wage and collective bargaining agreement for the year 2014. According to the tentative agreement, HHI employees would receive a basic pay of 37…
Concordia Maritime has just renewed its contract with a major oil and gas company for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris. The agreement will run until the summer of 2015.“This…
Classification society ClassNK has amended its rules and guidance for the survey and construction of steel ships. ClassNK said it regularly revises and amends its rules and guidance as part of its ongoing efforts to improve the safety of life and property at sea…
Arctech Helsinki Shipyard is now 100 percent Russian-owned as United Shipbuilding Corporation bought the remaining half of the company’s shares from STX Finland Oy. Arctech Helsinki Shipyard Inc. was founded in December 2010 as United Shipbuilding…
