Korea's first naval rescue and salvage ship launched at Daewoo Shipbuilding and Marine Engineering (DSME) shipyard.The 3,500-ton Tongyeong will go through a series of tests before being handed over to the Navy next year.The Navy's older rescue ships…
KBR subsidiary Sweden's GVA signs license agreement with DSME for fabrication of semi-submersible rigs.GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in Korea for the fabrication of its GVA 4000NCS…
Hornbeck Offshore expands OSV new-build program, anounces retrofits & other related developments.The Company has exercised the first four of its 48 options to build additional HOSMAX vessels at an aggregate incremental cost of approximately $180 million…
Shipbuilder Nam Cheong Group wins order from Perdana Petroleum Berhad to build two Accommodation Work Barges (AWB).The contracts are worth worth a total of US$59- million and came from Perdana Petroleum Berhad (“Perdana”), an established…
Herøy-based shipping company orders a specialised live fish transport vessel from Havyard Ship Technology's yard in Leirvik, Norway.Delivery of the first ship is due in January 2014 with the option for delivery of a similar ship six months later…
Scottish designers, engineers and shipbuilders are assembling the world’s first hybrid seagoing Ro-Pax ferries.The two revolutionary passenger and car ferries will each carry up to 150 passengers and 23 cars or two HGVs and provide a vital…
North Sea Emergency Recovery & Rescue Vessel (ERRV) operator Vroon Offshore Services (VOS) to invest $100-million in new ships.The new 'comfort class' boats - six 50m ERRVs and four 60 ERRV field support vessels - will be built in Nanjing…
STX Offshore wins US$ 132-million order for 3 patrol ships for the Korea Coast Guard.Under the deal with the Korea Coast Guard (KCG), STX Offshore will deliver the vessels by the end of 2015, the company told Korea Times. The vessels…
Tognum Group company MTU Friedrichshafen is a primary partner for Navantia’s ship propulsion systems and Training center for service staff . MTU Ibérica, a subsidiary of the German propulsion solution specialist MTU Friedrichshafen and the…
Tsuji Heavy Industries Jiangsu begins construction the first of two LNG-powered 5,000 dwt vessels for NOR Lines.The contract to build the two 5,000 dwt vessels was signed in October 2011 and construction has now begun with owner's representative…
China CSSC Holdings Ltd announce net profit shrank by 62.91 percent year-on-year in first half 2012.The Shanghai-based firm said in a report filed to the Shanghai Stock Exchange that its business revenue totalled 13.14 billion yuan in the first six months…
Aker Philadelphia Shipyard delivers its first Veteran-class MT-46 product tanker to Crowley Maritime Corp.This is the thirteenth product tanker that the shipyard has completed and the seventeenth vessel overall. The product tankers are 600 feet long and have a cargo capacity of 46…
The Ingalls-built amphibious transport dock 'Arlington' (LPD 24) returns from successful builder's sea trials in the Gulf of Mexico.A test and trials team thoroughly tested LPD 24's major operational systems. More than 200 test events took place during the sea trials…
Hoisting a broom is Navy tradition to signify a 'clean sweep' of trial events, now granted to JHSV 1 USNS Spearhead.First-in-class Joint High Speed Vessel USNS Spearhead (JHSV 1), the high-speed catamaran transport ship under construction at Austal USA in Mobile…
“The 2008 financial crash slowed the luxury business, and the new class warfare coming out of Washington has made owning a large yacht out of favor. Hopefully, this class warfare will change this November and maybe put hundreds of laidoff workers back to work…
