London, 22 July 2011 – International Register of Shipping (IRS) has received official approval from the Maritime Safety Administration (MSA) of the People’s Republic of China (PRC) to open a surveying company in China.The approval comes as IRS…
Germanischer Lloyd has appointed Nikeel Idnani as Business Development Manager for the Area Middle East / Africa, based in Dubai. Idnani has been in Dubai for eight years and brings with him Sales and Marketing experience from the ship repair…
According to a report on CanadianBusiness.com, SNC-Lavalin formed a joint venture with prospective new buyers of Davie Yards in order to bid on federal shipbuilding contracts.Davie has been in creditor protection since February 2010, according to the site…
IHC Merwede and BAE Systems will enter into a cooperation agreement to meet the demands of the offshore construction vessel market in the USA. This cooperation enables IHC Merwede to enter new markets, which is in line with the company’s internationalization strategy…
An agreement has been signed with the Brodosplit shipyard in Split, Croatia, for the construction of a top segment heavy lift vessel. The new vessel will have a length of 152.6 m and a beam of 27.4 m and is equipped with 2x 1,100 mt cranes (at 27…
Hybrid Car Carrier launch scheduled for June 2012Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) announced the exterior and basic design of the hybrid car carrier aiming at zero emissions while berthed had been determined. As a “project…
The Nam Trieu Shipbuilding Industry Corporation (Nasico) under the Vietnam Shipbuilding Industry Group (Vinashin) on July 12 signed a contract to build a pair of ships, each capable of carrying 6,900 cars, for the Blystad group of Norway, according to a report on VOV news (http://english…
SCI signed contracts for acquisition of two Supramax bulk carriers on resale basis which were originally contracted by M/s Grand Yard Investment Pvt. Ltd., China and were under construction at M/s Guoyu Shipyard, China. SCI had signed contracts for these two resale vessels during April 2011…
UAE-based GMMOS Group has rebranded to Stanford Marine Group (SMG), according to a report on TradeArabia News Service. The group has two main divisions focused on the marine sector: Stanford Marine (OSV chartering) and Grandweld (shipbuilding and repair)…
The Maritime Administration today announced the approval of a $210.9 million Title XI loan guarantee supporting the recent construction of two articulated tug-barge units that are currently in service on Delaware Bay. Construction of the barge units involved five American shipyards…
According to a Bloomberg report, Huntington Ingalls Industries (HII) may keep its Avondale shipyard in Louisiana open beyond 2013 by turning it into a site for other manufacturing. Huntington, with 2010 sales of $6.7 billion, became a separate company in March when Northrop Grumman Corp…
Diana Shipping Inc.(NYSE:DSX), a global shipping transportation company specializing in dry bulk cargoes, announced today that the Company has taken delivery on July 7, 2011 of the m/v 'Corona', renamed 'Arethusa', a 73,593 dwt Panamax dry bulk carrier built in 2007…
The year 2012 looks set to be the biggest year for containership newbuilding deliveries in history, in terms of TEU capacity entering the cellular fleet. According to Braemar Seascope's latest Containership Fleet Statistics, boxship deliveries in 2012 are expected to reach 1…
ClassNK Chairman and President Noboru Ueda called upon the International Association of Classification Societies (IACS) to play an expanded role in the future as he stepped down from his position as Chairman of the IACS Council. “Even as IACS must continue to maintain the highest quality standards…
Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)'s new 7.6-ha shipbuilding facility in the state of Santa Catarina, has secured two newbuild contracts worth about $113 million from fleet operators in Brazil.The…
