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…
Afai Southern shipyard visited by Dutch diplomat, and elsewhere, Chengxi Shipyard gets order for 2 bulk carriers.Mr. Karel Hartogh, Director of Department of Asia and Oceania at Ministry of Foreign Affairs, Netherlands and Ms. Anne Luwema…
Dubai's Drydocks World & Maritime World chairman in discussions with DNV group CEO on mutual opportinities in shipping.Chairman H.E. Khamis Juma Buamim held discussions with DNV Group Chief Executive Officer, Henrik O. Madsen at DNV headquarter in Oslo…
Keppel delivers its 45th KFELS B Class jackup rig with another 18 such rigs on order.These KFELS B Class rigs make up more than 30% of the total jackups completed globally since 2000. The rig was delivered to Arabian Drilling Company (ADC) 14 days ahead of schedule…
