Seaspan’s Vancouver Shipyards was chosen as the prime contractor to build the National Shipbuilding Procurement Strategy (NSPS) program’s non-combat vessels. The $8 billion program will not only inject billions into the local economy, but it will create an average of 4000 jobs over the next 8-years…
Halifax's Irving Shipbuilding is getting the $25 billion contract to build 21 Canadian combat ships and Vancouver's Seaspan Marine has been awarded an $8 billion contract for 7 non-combat vessels, the federal government announced, which is the…
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), won a $37m contract by the U.S. Navy for the fitting-out availability of the San Antonio-class amphibious assault dock ship USS San Diego (LPD 22). Work under…
Transocean officially opened its state-of-the-art training center and offices in Kuala Lumpur, Malaysia. The training center and offices were opened by Dato’ Wee Yiaw Hin, Executive Vice President, Exploration and Production, of PETRONAS, and Steven L…
The Italian marine operator Bambini, based at the Port of Ravenna, operates an extensive fleet of vessels in support of the offshore industry. These range from tugs, to supply boats and crew boats. The latter, mostly in the 30 to 35-mrange, have been imported from US builders…
Alameda’s Bay Ship & Yacht Wins Contract to Refit Superyacht Bay Ship & Yacht (BSY), located in Alameda, California, has been awarded the contract to lengthen the expedition yacht SuRi by adding a 36-foot mid-body hull and superstructure plug for a new overall length of 208 feet…
FMT Industries, LLC, A Florida Marine Transporters Affiliate, Signs Contract to Build Four 30,000 Barrel Fuel Barges with Trinity Offshore, LLC. Order Indicates Florida Marine’s Ongoing Commitment to Customers.FMT Industries, LLC—an affiliate of Florida Marine Transporters…
According a new forecast by MEC intelligence nearly 10,000 vessels could be adopting LNG propulsion by 2020 triggering a huge growth in the market. Companies in all aspects of the maritime value chain– oil majors, terminals, ports, bunker suppliers…
Gibdock completed a complex propulsion system job, following the recent docking of the 57-ton bollard pull capacity Boluda group harbour tug Siroco. The 2001-built Siroco, which operates in the port of Algeciras, arrived in Gibraltar in early…
According to a report on www.marketwatch.com, Daewoo Shipbuilding & Marine Engineering Co. exceeded its annual order target of $11 billion by 9%, helped by two separate contracts totaling $1.95 billion. The contracts take orders to $12 billion as of Monday…
Mitsubishi Heavy Industries, Ltd. (MHI) has developed a new bulk carrier which it repotes will enable reductions in CO2 emissions by about 25% compared with conventional averaged bulk carriers. As the first commercial application of the new design…
Incat Crowther is pleased to announce that construction is well advanced on three new catamaran ferries to its design. Two 32-metre ferries and one 24-metre ferry will be operated by Riverside Marine to transport workers between Gladstone, Queensland and the new LNG plant on Curtis Island…
Allen Marine, Inc. has announced the construction of the world's first aluminum floating dry dock. This fully self-contained, eco-friendly unit represents a major breakthrough in boat-lifting equipment. The aluminum floating dry dock is the brainchild of CEO David Allen…
While China has aggressively built its shipbuilding infrastructure in the past 10 years, the most important number, top winner in contract value, still remains the domain of South Korea, which has reportedly logged $37.8b in orders thus far in 2011 vs…
Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report. DW director Steve Robertson commented, “The dominance of this region is largely due to local…
