Huntington Ingalls Industries, Inc. (NYSE:HII) said that its Ingalls Shipbuilding division celebrated the 'start of fabrication' of the U.S. Coast Guard's fourth National Security Cutter, Hamilton (WMSL 753). The shipbuilding milestone signifies…
Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has revealed.Figures show that since the beginning of this year 52 containerships of 10,000TEU or larger have been ordered – compared…
Kadey-Krogen 52’ Hull Number One Scheduled for World Debut in Seattle Boats Afloat Show, Sept. 14-18.Hull number one of the new Krogen 52’ departed Asia Harbor Yacht Builders in Kaohsiung, Taiwan on August 22 and is set to make its international…
Nordic American Tankers Ltd. Letter to Shareholders From the Chairman and CEO - NAT Is Different.Dear Shareholder,It is time to update you on recent developments in the Company and our industry. As we have stated before, it is at times…
Designed to deliver petroleum products on the U.S. West Coast, the vessel is designed with safer, more efficient fixed-tank cleaning system. Crowley Maritime Corporation's Vision/650-10, the last of 10 Articulated Tug Barges (ATBs) in the 650-series new-build program…
Two 17-knot high-speed research vessels for the U.S. Geological Survey are to be dedicated at Great Lakes Shipyard, Cleveland, Ohio, on Wednesday, August 31, 2011.R/V KAHO and R/V MUSKIE will replace two of the USGS’s oldest research vessels…
As the world economy sputters, so too do the expansion plans for India's state-owned Shipping Corporation of India (SCI), which according to a report on the www.business-standard.com will hold up on its plan to issue new tenders for new vessels…
Initial deal worth $165 million; $300 million for 6 additional newbuilds and another $500 million for acquisitions also approved. Harvey Gulf International Marine announced Saturday that it will sign a deal for three LNG vessels to be built by Signal Shipbuilding…
The Westport GRC43m (Global Response Cutter) “Solution” is completing the East Coast leg of the US tour, demonstrating the vessel to Domestic and Foreign Military agencies, Vice President of Westport Philip Purcell notes. Westport’s Business Model-Series built vessels--delivers a fast…
On 25 August 2011 STX Finland Oy's Rauma Shipyard started the production of an innovative fisheries reseach vessel ordered by the Ministry of Fisheries and Marine Resources of the Republic of Namibia. NB 1378 will be delivered during the summer of 2012…
Braemar (incorporating The Salvage Association) has announced dates for its latest Port and Shipyard Familiarisation Courses to be held at Falmouth.The courses are part of the company’s ongoing commitment to assist its clients by providing…
Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the completion of the final performance test for a model ship of 190,000 DWT ice-breaking iron ore carriers at Institute for Ocean Technology in Canada.When the actual 190…
FPSO OSX-1, the first floating production, storage and offloading vessel in OSX’s fleet, has concluded its conversion in Singapore and set sail for Brazil. The journey is estimated to take 40 to 50 days.The FPSO OSX-1 is commissioned to produce the first oil for itsclient OGX…
As pirates raise the stakes on a number of key ocean trades, simple, cost-effective preventive measures can be put in place to protect ships and their crew in a matter of hours, according to Paul Friedberg, President of Goltens Worldwide Services…
Danaos Corporation (NYSE: DAC) on August 22, 2011 took delivery of a new containership, the CMA CGM TANCREDI, expanding its operational fleet to a total of 57 containerships aggregating 274,089 TEU. The CMA CGM TANCREDI, built at Shanghai…
