ATHENS, GREECE – April 29, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing…
Ningbo, April 29, 2011 —— On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore…
Ireland-based specialist tanker company takes over two newbuild contracts and charters in two tankers from Hellespont GroupArdmore Shipping Ltd, the specialist tanker company, today announced that it has taken over the contracts for two newbuild vessels from Hellespont Group and…
”We have a great opportunity for developing and growing the Wilhelmsen Ships Service business in Western Australia,” commented Michael Connolly as he took up the post of General Manager for Western Australia this month.He added, ”Business…
Contract for five New Ships for Export Will Create 300 Local Jobs PANAMA CITY, Fla. – U.S. Maritime Administrator David Matsuda today announced a $241 million loan guarantee that will allow the Eastern Shipbuilding Group of Panama City, FL…
Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland.Despite…
Onboard-Napa Ltd. signed an agreement with Daewoo Shipbuilding & Marube Engineering Co. Ltd.(DSME). The agreement specifies the co-operation with sales, model creation and delivery of the environment-friendly NAPA-DSME Power software for DSME…
On 20 April 2011, STX Finland Oy and Saipem S.p.A signed a contract on major overhaul and maintenance of the semisubmersible pipelay vessel Castoro Sei. The work on the ship, providing employment for as many as about 1,000 people, will be completed by STX's Turku shipyard…
SAN DIEGO – General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), today launched the U.S. Navy’s newest supply ship, USNS William McLean (T-AKE 12), during an evening christening ceremony at the shipyard. The USNS…
Bollinger Shipyards appointed Charles 'Skip' Bowen as Program Manager for the FRC “Sentinel” Class Patrol Boat building program at Bollinger’s Lockport facility. Bowen joins Bollinger following a 32 year career with the United States Coast Guard…
Wilhelmsen Ships Service has celebrated a major milestone in its Liferaft Exchange Programme (LRE) as the 10,000th Unitor liferaft joins the company’s liferaft rental fleet.The LRE concept, which exchanges service-due liferafts for operational ones…
Austal USA held a combined groundbreaking ceremony today, to celebrate the start of work on three new facilities including Phase 2 of the Modular Manufacturing Facility (MMF); a new office complex; and an additional waterfront Assembly Bay.The…
March 23 (Tokyo) – ClassNK Chairman and President Noboru Ueda recently spoke at the CMA Shipping 2011 conference held in Stamford, Connecticut in the U.S. from 21 through 23 March 2011. Mr. Ueda spoke as the Chairman of IACS on the topic of…
The U.S. Navy announced a fixed price incentive contract for the construction of a fourth 127-meter trimaran Independence-class Littoral Combat Ship (LCS 8) valued at $368.6m. This is the second ship awarded under Austal’s recently announced U…
While banks keep lending tight, a massive $5 billion order in China should mark the official turnaround of shipbuilding's fortunes, as private equity in the form of The Carlyle Group and Tiger Group Investments Partner have teamed with Seaspan Corporation…
