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…
BAE Systems in the U.K said it will take on 710 apprentices in 2015, the highest intake in the company’s history. Next year's intake surpasses the record set in the previous year by 142 places and includes 45 places for apprentices who will…
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), celebrated two significant ship milestones this week. Today, the shipyard held a ceremonial Keel Laying for the second…
In the culmination of it 75th Anniversary year in 2014, Maritime Reporter & Engineering News is announced the 17 “Great Ships of 2014” in its December 2014 edition, available now at:http://digitalmagazines.marinelink.com/nwm/MaritimeReporter/201412/The…
ThyssenKrupp and Seafort Advisors GmbH have entered into an agreement on the sale of the Emder Werft und Dockbetriebe shipyard in Emden. ThyssenKrupp began looking into alternative strategic options for the company at the end of 2013 as part of the group's strategic way forward…
Chesapeake Shipbuilding of Salisbury, Md., is expanding its design department and is actively seeking two naval architects and one marine engineer to add to its design team. The design office provides engineering and technical support for the company’s newbuild program and fleet operations…
Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers.The company for the sixth consecutive year held share purchase programs to encourage employee ownership. A total of 2,332 employees…
Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port.HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti…
On December 9, 2014, Nordic American Tankers Ltd. announced that preliminary contracts had been entered into with a South Korean shipyard, for the construction of two suezmax tankers to be delivered in the third quarter 2016 and first quarter 2017…
MSC Oscar, the newest cargo vessel built for Mediterranean Shipping Company (MSC), will launch in January 2015, and at 19,224 teu, the containership will take the record for world’s largest. MSC Oscar possesses a nominal capacity of 19,224 teu…
The domestic shipyard industry is traditionally a cyclical business that sees wild upswings followed by deep downturns. More than 30 deep draft vessels reside on the back order books, supplemented by offshore energy fleet replacements and an inland industry that is rapidly modernizing…
