One hundred and twenty leading executives from the major shipyards from Japan, Europe, China, Korea and the U.S. (JECKU) held a conference to exchange views on global economic development, supply and demand prospects as well as important technological…
A year after a shipbuilding contract dispute emerged between Otto Marine unit Otto Offshore and GC Rieber Shipping ASA, a settlement has been reached.Otto Marine announced that it has entered into a 'mutually beneficial global settlement' with GC Rieber…
According to an AFP report, Vietnam has named a new chairman to take over Vietnam Shipbuilding Industry Group (Vinashin), after the last head was arrested for driving the company into massive debt. Prime Minister Nguyen Tan Dung reportedly appointed Nguyen Ngoc Su…
Please provide a brief professional history of yourself?I have more than 20 years of experience in all aspects of the planning and production of a wide variety of aluminum high speed vessels ranging in length from 26m to 107m. I have been…
According to a Reuters report, South Korea's SPP Group (www.spp.co.kr) won new shipbuliding orders for a cumulative 15 ships -- reportedly seven of them bulk carriers -- for $660m.
STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately $71.4m. JSC Circle Marine…
With the economy as it is, one might expect to be able to walk into any shipyard, name your price and have construction of a brand new workboat commence instantaneously. While every shipyard is eager for new business, work is still coming in slowly and fairly steadily…
According to an August 19 report from the Federal Times, the first contracts for the Coast Guard's next cutter program are still a year away, and the winner in the Offshore Patrol Cutter (OPC) competition isn't expected to be announced for another four or five years…
J.F. Lehman & Company completed the sale of Atlantic Marine Holding Company to a subsidiary of BAE Systems, Inc. Atlantic Marine is a provider of vessel maintenance, repair, overhaul and conversion (“MROC”) as well as marine fabrication services to government and commercial maritime customers…
Last month MR’s Henrik Segercrantz traveled to Hamburg for an exclusive preview of the SMM 2010 exhibition.The SMM international trade fair for shipbuilding, machinery and marine technology will take place in Hamburg, Germany, on 7-10 September…
STX Finland Oy appointed Juha Heikinheimo as new President of STX Finland Oy. Heikinheimo will replace Martin Landtman. It has been agreed that Mr Landtman steps down from his position with immediate effect. While STX Finland in the last years…
U.S. Barge recently delivered another high capacity petroleum barge to Harley Marine Services. Barge Sixty-Five Roses is a unique design from Elliott Bay Design Group. With new efficiency and voluntary environmental features incorporated into the design…
Maersk Tankers, Hyundai Heavy Industries (HHI) and Det Norske Veritas (DNV) have agreed to collaborate on the design and risk assessment of tankers for shipping CO2.Maersk Tankers is already in a partnership with Maersk Oil and Finnish utilities Fortum and Teollisuuden Voima (TVO)…
Samsung Heavy Industries (SHI) apparently found no troubles in Greece this year, as the company reports inking a deal for five ships at Posidonia 2010, meaning its contracting amount has reach $3.3 billion in 2010, more than double the annual contracting amount of the previous year…
Korea's shipbuilding industry is on a roll as it secured the top spot in the global market in the first quarter of this year. The Ministry of Strategy and Finance said that Korea accounted for over 40 percent of the market, followed by China at 34 percent and Japan with just 4 percent…
