According to an Oct. 9 report from The Wall Street Journal, India's Pipavav Shipyard Ltd. made a muted debut on the stock exchanges. The shares of the shipbuilding, repair and fabrication company opened at $1.30, 3.8% above the offer price of 58 rupees…
According to an Oct. 9 report from Bloomberg, Eagle Bulk Shipping Inc. may have to wait as long as three years for a rebound in shipping rates to fully reap the benefit of an expansion of its fleet, Chief Executive Officer Sophocles Zoullas said…
Gladding-Hearn Shipbuilding, Duclos Corporation, has received a new pilot boat order from the Maryland pilots. Delivery of the new 53-ft in 2010, will mark the shipyard’s eleventh Chesapeake Class pilot boat since it was introduced in 2002…
After more than 20 years without a ship built in private Mexican shipyards, Blue Marine introduced two quick intervention provider ships which have been fully constructed in Mazatlán, Sinaloa, with the latest technology. Blue Marine, with an investment exceeding $160m…
Exousia Advanced Materials, Inc. (OTC:EXOU) (BULLETIN BOARD: EXOU) , a manufacturer of advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, announced that China's largest shipyard…
According to a Sept. 30 report from The Daily Star, shipbuilders are banking on the ongoing recession to carve itself a position in the global market, as the demand for smaller vessels has increased, shipbuilders and analysts said. (The Daily Star)
Alan C. McClure Associates (ACMA), a naval architecture and engineering firm, recently announced that the company has been selected to develop shipyard construction-level detail drawings for the next generation of TxDOT ferries. ACMA will also be responsible for ABS and USCG compliance…
A Sept. 29 report from Bloomberg stated that China and South Korea’s support for shipbuilders may add to a glut of capacity, slowing a recovery in freight rates and vessel prices. The world’s two largest shipbuilding nations have taken steps…
According to a Sept 29 report from Reuters, ThyssenKrupp AG (TKAG.DE) is selling part of its civil shipyards as the economic downturn hits shipbuilders around the world.German trade union IG Metall said late on Monday ThyssenKrupp is selling…
Metal Trades, Inc. (Hollywood, SC) has built and delivered the outer hull for a double hull fuel barge conversion for Cross State Towing Company of Jacksonville, FL. The 256 ft long by 56 ft wide outer hull was designed by Glowacki Engineering to retrofit on the outside of the 17…
According to an Associate Press report, United States Marine signed the paperwork turning over two patrol boats to the U.S. Special Operations Command. They are the last of the vessels to be delivered under a contract valued at more than $100m…
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), began construction of the future USNS William McLean, the twelfth ship of the U.S. Navy’s T-AKE program. The William McLean is named in honor of the Navy physicist…
According to a Sept. 22 report from The National Post, the Government of Canada (GOC) is planning to build $40b worth of ships over the next 20 years. Davie Yards Inc., the largest shipyard in Canada, recently announced a deal with Halifax-based Irving Shipbuilding Inc…
As of 1 July 2009, yachts larger than 78.7 ft registered under the Dutch flag can be built in accordance with the international Large Yacht Code 2. The Dutch regulations have been adapted and potential yacht owners can now come to Holland for the design…
Bay Ship & Yacht has launched the high-performance yacht, Blue Thunder, marking the shipyard’s entry into the custom-built sport-yachting market. With a service speed of 32 knots, a flank speed of 42 knots, and a draft of less than three ft…
