The U.S. Department of Transportation’s Maritime Administration (MARAD) said that the nation’s shipyards support $36B in gross domestic product, as part of a report on the U.S. shipbuilding and repair industry issued today. Acting Maritime Administrator…
Drydocks World said that Floating Storage Re-gasification Unit (FSRU) Toscana sailed away from Drydocks World – Dubai. The unit, formerly the 138,830-cbm LNG carrier Golar Frost, has been under conversion since June 2009 at Drydocks world Dubai yard for contractor Saipem and owner OLT…
Petrobas's FPSO P-63 has left the Quip/Honório Bicalho shipyard in the city of Rio Grande (RS) after the modules were integrated and the platform commissioned.With a capacity to process 140,000 barrels of oil/day and compress one million m3 of gas /day…
South Korean shares rebounded Tuesday from the prior session's fall as local institutions rushed to hunt for bargains on views that the recent decline was excessive. STX Group shares benefit from the rebound.STX group shares ended bullish…
Puget Sound Naval Shipyard and Intermediate Maintenance Facility (IMF) are seeking shipyard volunteers to help overcome a staffing shortage of more than 600 mechanics, a result of the Navy-mandated hiring freeze.Despite being exempt from Defense Department-wide employee furloughs…
Further ordering activity seen in the tanker market in the period up to 10, June 2013, according to Clarkson Hellas Weekly S+P report.Clients of Consolidated Marine Management have contracted three firm 115,000 DWT LR2s at Hyundai Samho. Understood to have been signed earlier this year…
The National Shipbuilding Research Program (NSRP) plans to issue a research announcement in August, 2013 & in the meantime issues this pre-solicitation notice in order to facilitate teaming arrangements.In making this announcement NSRP aims…
Standing on the naming platform with the ship's Captain Tony Draper, The Duchess of Cambridge pronounced, 'I name this ship 'Royal Princess'. May God bless her and all who sail in her.' The Duchess then cut the rope that sent a giant Nebuchadnezzar…
It has been an active week in the shipbuilding market, especially in the dry bulk sector, according to Clarkson Hellas's 'Weekly S+P report'.Apart from a single Panamax order and declaration of some Capesize options, ordering has been primarily…
Coastal Fast Rescue Vessel “BEI HAI JIU 203” has been delivered by China's Afai Southern Shipyard.The new vessel is for operation by Beihai Rescue Bureau, and its details were not disclosed.Mr. Yang Xiaoren, the Deputy Director General of…
On June 26, 2013, the American Shipbuilding Suppliers Association (ASSA) will host a roundtable discussion between member companies and Rear Admiral Richard D. Berkey, Deputy Chief of Staff, Fleet Maintenance, U.S. Fleet Forces Command.ASSA…
Hamburg Bulk Carriers (HBC) has ordered three 43,500 dwt bulk carriers plus options for 9 more from Qingshan Shipyard.The buyerss add that two and a half years of work was invested into this project to build up to 12 bulk carriers of about 43…
The shipping market is continuously in depression, and the development of China's shipbuilding industry faces huge challenges, says a new report – 'China's Shipbuilding Industry 2013-17' published by Research & Markets.In a newly-issued market research report…
Almi Tankers S.A. has received M/T Almi Navigator following the vessel's delivery at DSME's Okpo Shipyard., South Korea.This 157,787 dwt tanker is the eighth Suezmax of Almi's newbuilding programme and was built by Daewoo Shipbuilding & Marine Engineering Co…
Seajacks International contract Samsung Heavy Industries to build what they claim to be the world’s largest and most advanced offshore wind farm installation vessel.The vessel has been specifically designed to meet the demands associated with working UK Round 3…
