U.S. shipbuilders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale fields by building new tankers without having lined up customers to lease them.Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec…
Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the Finnish economy ministry said on Monday.STX Europe belongs to Korean STX. The Turku…
The part reserved to institutional investors in the initial public offering of Italian shipbuilder Fincantieri was still not fully covered as of Wednesday evening, two sources close to the matter said on Thursday.The company is likely to…
Imtech Marine and Caledonian Maritime Assets Ltd (CMAL) have won the Electric & Hybrid Propulsion System and Supplier of the Year Awards at the Electric and Hybrid World Expo, held in Amsterdam.Rotterdam-headquartered Imtech Marine was asked by Ferguson Shipbuilders in Scotland…
Bollinger Shipyards, Inc. has delivered the Raymond Evans, the 10th Fast Response Cutter (FRC) to the United States Coast Guard (USCG).The announcement was made by Bollinger President, Chris Bollinger: “We are extremely proud to announce the delivery of the Raymond Evans…
Organized every two years among the FORAN users, the Eight FORAN Users Meeting (FORUM 2014) took place from June 11-13 in the Parador de la Granja, Segovia.The event started on Wednesday, June 11, with a guided visit to the Royal Palace and Gardens of La Granja…
The 2015 NSRP All Panel Meeting will be in Charleston, SC at the Charleston Marriott March 10 – 12, 2015.The All Panel Meeting is a biennial event that brings together all eleven panels of the National Shipbuilding Research Program to discuss…
Huntington Ingalls Industries (HII) announced today that Mike Petters, its president and CEO, was honored by the Navy League of the United States New York Council at a dinner last night in New York City.Petters was awarded the Rear Admiral John J…
The memory of those killed during a Sept. 16, 2013, shooting rampage at the Washington Navy Yard will always burn brightly and the wounds will carry on for a lifetime, Navy Secretary Ray Mabus said June 23.Mabus spoke at a Navy Yard ceremony…
This being the “Yearbook” edition of Maritime Reporter & Engineering News, it would be remiss to not have coverage of LNG, one of the hottest fueling trends in maritime circles, particularly in North America. For a unique insight on a rapidly evolving market…
Yangzijiang Shipbuilding Holdings Limited announced that yesterday was a “momentous” for the group, as senior Chinese officials paid visit to Yangzijiang’s shipyard and the group’s chairman received the Outstanding Entrepreneur Award by the Chinese Enterprises Association…
International classification society Bureau Veritas has worked closely with the towing industry to develop a set of Guidelines for Design, Construction and Operation of Tugs. The Guidance Note provides safety rules for tugs in an area of marine…
The August 2014 editon of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners & operators; workboat builders and repairers; product and service providers.Participation is free…
Chinese shipbuilder on the SGX Main Board Yangzijiang Shipbuilding Holdings Limited announced that it has secured a shipbuilding contract for four 260,000DWT very large ore carriers (VLOC).The shipbuilding contract was secured from an Australia…
The International Council of Marine Industry Associations’ (ICOMIA) Superyacht Refit Group, which represents quality refit, repair and maintenance yards, has launched the latest revision of its Standard Framework Contract. Developed by the Refit…
