Korea's leading shipbuilders post declining profits in second quarter 2012, as well as a growing inventory of unsold vessels.Shipbuilders here have put unsold ships up for resale at below-market prices but are struggling to get them off the hands…
Hapag-Lloyd holds naming ceremony for 13,200 TEU flagship “Hamburg Express” at Hamburg Container Terminal (CTA).Hapag-Lloyd has recently held a naming ceremony for the “Hamburg Express”, first of ten new vessels in its new 13,200 TEU class…
Fincantieri launches 'Royal Princess' the new flagship of Princess Cruises's fleet at its Monfalcone shipyard.'Royal Princess', at 141,000 gross tons, 330 metres long and 38 metres wide, is the largest ship ever built by Fincantieri. It has 1…
Fednav Limited announce contracts with Japanese shipbuilders Oshima Shipyard.The environmentally advanced vessels will be built in Japan and are destined to become the flagships of Fednav's fleet of over 80 ships.The six additional vessels will be delivered between 2015 and 2016…
China's Ministry of Industry and Information Technology reports that orders in first half 2012 are down by 50.3% year-on-year.The volume of handling orders was a mere 125.87 million DWT by the end of June, down 30.7 percent year-on-year…
Northern Germany's Nordic Yards contracted by Denmark's DBB Jack-up Services to construct a Wind Turbine Service Jack Up Vessel (WTSJUV).The production of the vessel will be carried out at the yards in Rostock-Warnemünde and Wismar and will take approximately one year…
The Admiralty Shipyard in St. Petersburg lays down a new Varshavyanka class diesel-electric submarine for Russia’s Black Sea Fleet.Stary Oskol will be the third in a series of six Varshavyanka class submarines which are expected to join the fleet by 2016…
Wärtsilä contracted to supply power systems of four modern diesel-electric tugs building for Australian owner Svitzer.The vessels are being built at the ASL shipyard in Singapore and are scheduled to be in operation by early 2014.Each of…
Hamburg Süd celebrate the christening of container ship “Santa Barbara” at the Yantian International Container Terminal (YICT) in Shenzhen, China.The “Santa Barbara” was the last of a total of ten new buildings of the “Santa” class to be christened…
Part of Austal’s growing talent pool – 3,000 and counting. Austal USA honored 15 graduates of Austal’s cutting-edge four-year apprenticeship program yesterday at a ceremony held in the new Office Complex Multi-Use Room. This was recently…
IMA has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 47th in a series of IMA reports on the deepwater production sector that began in 1996…
Braemar (Incorporating The Salvage Association) has announced that the next of its popular programme of Port and Shipyard Familiarisation courses will be run in conjunction with the U35 Marine Insurance Group.Providing a practical insight into port operations…
New Location Strategically Positions Jensen along U.S. Gulf, West and East Coasts.Seattle-based Jensen Maritime Consultants, a Crowley Maritime Corporation company, announced today that it has expanded its presence to the U.S. Gulf with the establishment of a third office in New Orleans…
On Wednesday, August 15, 2012, Hamburg Süd celebrated the christening of its container ship “Santa Barbara” at the Yantian International Container Terminal (YICT) in Shenzhen (People’s Republic of China). Sponsor of the “Santa Barbara” was Johanna Oetker…
Shangai's Hudong-Zhonghua Shipbuilding contracted by Grimaldi Group to build 5 large RoRo container ships.The new generation of 3,800-teu Ro-Ro container ships will replace ACL's existing fleet of such types of ship operating in the company's…
