Marine Travelift Inc. announced that Tampa, Fla.-based RiverHawk Marine has acquired one of its 300C mobile boat hoists, thanks in part to a Small Shipyard Grant from the U.S. Maritime Administration. The Small Shipyard Grants program is administered…
Colonna’s Shipyard, Inc. of Norfolk, Va. announced a major expansion, the new West Yard Marine Travelift Facility. Situated on approximately ten acres, this facility will accommodate the simultaneous repair of up to 15 vessels including tugs…
NOAA awarded a $73.6m American Recovery and Reinvestment Act contract to Marinette Marine Corporation located in Marinette, Wis., for the construction of a new fisheries survey vessel, which will dramatically improve NOAA’s ability to conduct surveys for fish…
A Joint Declaration by 33 regional governments on the future of the European shipbuilding industry was handed over to Prof. Jerzy Buzek, President of the European Parliament, as well as representatives of the European Council, the European Commission…
According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based oil-rig maker PPL Shipyard in a $113m deal.(Source: Reuters)
According to an April 19 report from JoongAng Daily, STX Offshore & Shipbuilding Co., Korea’s fourth-largest shipbuilder, said it has won deals this month to deliver a total of four ships for a combined $250m.(Source: JoongAng Daily)
According to an April 19 report from the Taiwan News, after refraining from placing any order for new ships for the past two years, the head of the Evergreen Group now sees the opportune time to replenish his fleet with newbuildings. Dr. Chang Yung-fa…
Diana Shipping Inc. (NYSE:DSX), a global shipping transportation company specializing in dry bulk cargoes, announced that it has signed, through its 100% owned subsidiaries, two shipbuilding contracts with China Shipbuilding Trading Company…
According to a report from Asia Today, South Korea has secured 51.1 per cent of all orders placed in the first quarter of this year to recapture its top standing in the industry from China, a government report showed today. (Source: Asia Today)
On April 15, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $14.7m in grant awards to help improve 17 small shipyards in 16 states. The funds will help these shipyards become more competitive by purchasing modern equipment and training workers…
According to an April 13 report from the People’s Daily Online, the China Shipbuilding Industry Corporation (CSIC) and Singapore's Pacific International Lines (PIL) opened a joint venture - CSIC Pacific. Speaking at the opening of the company…
According to an April 14 from The New Nation, Denmark has assured Bangladesh of providing more support to the country's power, energy, ship building industry and trade and business sectors for socio- economic development of Bangladesh. The assurance…
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned Brazilian subsidiary, Navegantes Maritime Construction and Services, has entered into an agreement with Brazil’s TWB Group to acquire the Estaleiro TWB shipyard in Navegantes…
According to an April 12 report from The Wall Street Journal, South Korea's shipbuilders are making a big push to diversify away from their notoriously cyclical industry. New contracts won by Korean shipyards for cargo container carriers and other commercial ships plunged 81% in 2009 to 3…
According to an April 11 report from the Times of India, ABG shipyard's hi-tech Maritime Institute at Ichhapore is set to be ready by the end of this year. (Source: Times of India)
