AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $400 million loan for vessels owned and operated by Nautical Solutions, LLC, which is an operating unit of Edison Chouest Offshore (Chouest). Proceeds from the loan were…
A global conference for shipbuilding corporate management gathered 74 top executives of the major shipyards from Japan, Europe, China, Korea and the U.S. (JECKU) to exchange views on global economic development, supply and demand prospects as…
At the recent Korea-Russia Business Dialogue meeting held in Seoul attended by President Putin & President Park Guen-hye, the Korean Register (KR) and the Russian Register of Shipping (RS) signed a shipbuilding memorandum of understanding (MOU)…
Merseyside engineering firm Cammell Laird announced its largest ever intake of apprentices since it restarted its apprenticeship program in 2008.Birkenhead-based Cammell Laird has taken on 22 apprentices working across a range of skills which brings the total number within the business to 71…
The 67m Fast Yacht Support vessel, GARÇON, built by Damen, has won the ISS Awards of Distinction for Innovation at the International Superyacht Society Awards Gala in Fort Lauderdale.GARÇON came out top of an industry-led voting process…
IHC Merwede’s CEO, Dirk Philips, will step back from his role within the company. Over the past two months, he has led the management board to formulate some important aspects of IHC Merwede’s future business strategy, as well as the appropriate organization required to implement it…
Matson Signs Contract With Aker Philadelphia Shipyard For Two New 'Aloha Class' Containerships, First Ship To Be Named The Daniel K. Inouye.Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company…
STX Finland has been actively seeking solutions for saving the Finnish shipyard industry. In September 2013, the company launched a major restructuring aimed at safeguarding the operating potential of the company and, by extension, the entire maritime industry in Finland…
Topaz Marine Engineering, a regional marine repair service provider and boat builder, announced the appointment of Geoff Taylor as its new Managing Director.Geoff joins the company following a period as an independent marine consultant.…
Wison Offshore & Marine reports that it successfully completed the installation of the three LNG storage tanks into the hull of the Caribbean FLNG project, considered a significant milestone in the delivery of the world’s first floating LNG production unit…
With increased marine regulations it is increasingly important to acquire digital documentation of the your fleet of ships. Today, laser scanners have the range and accuracy to capture marine vessels, piping systems and shipyards to provide…
The National Shipbuilding Research Program (NSRP) Executive Control Board (ECB) recently selected 19 new R&D projects to be executed, totalling approximately $2.5-million, as part of their core project mission to reduce the costs associated with Navy shipbuilding and repair…
Imtech Marine provides complete Heating, Ventilation and Air Conditioning to new eco-friendly Research Vessel ‘Sonne’. Energy savings realized by Dynamic Simulation techniques. Imtech Marine was selected as supplier of the new Research Vessel ‘Sonne’…
Marineco UK placed another order for two more Damen FCS 2610 Twin Axe vessels to serve its offshore wind activities, and Sure Wind, a British company specializing in the German market and new customer for Damen, has ordered two as well.The…
Huntington Ingalls Industries (HII) announced that Ivette Nunez, a systems engineer at the company's Ingalls Shipbuilding division, was honored by the Great Minds in STEM organization at the annual Hispanic Engineer National Achievement Awards Corp…
