Shipbuilding News

 

Construction Starts on USNS William McLean

Sep 25, 2009

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…

Davie Yards, Canada's Shipbuilding Plans

Sep 23, 2009

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…

Breakthrough for Dutch Yachtbuilding Industry

Sep 21, 2009

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 Launches Blue Thunder

Sep 20, 2009

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…

Proposed Shipbuilding Centers of Excellence

Sep 20, 2009

Davie Yards Inc. (TSX:DAV) introduced its proposal for the implementation of a National Shipbuilding Procurement Strategy aimed at renewing the federal fleet and building world-class shipbuilding capability in Canada, while providing more predictable work for the maritime industry…

ThyssenKrupp to Exit Civilian Shipbuilding

Sep 16, 2009

According to a Sept. 14 Bloomber report, ThyssenKrupp AG, Germany’s largest steelmaker, wants to dispose of parts of its unprofitable, non- military shipbuilding units, Financial Times Deutschland reported, citing unidentified people at the company. (Source: Bloomberg)

All American Completes 83-ft Alaska Ferry

Sep 15, 2009

All American Marine, Inc. delivered another 83-ft hydrofoil-assisted aluminum catamaran for operation in Alaska.  The recently launched Kachemak Voyager will operate in Kachemak Bay and provide passenger ferry service between the communities of Seldovia and Homer…

Daewoo Completes Largest Floating Dock

Sep 09, 2009

According to a Sep 9 report from AsiaPulse, Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world's second-largest shipbuilder, said that it has completed the construction of the world's largest floating dock. The dock is 1,437 ft long…

Hyundai Heavy May See Dry Spell End

Aug 28, 2009

According to an August 26 report from Bloomberg, Hyundai Heavy Industries Co. and its rivals may end an eight-month dry spell with a slew of new orders after Australia approved the $42b Gorgon liquefied natural gas project.(Source: Bloomberg)

NASSCO Lays Keel, USNS Washington Chambers

Aug 25, 2009

General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), laid the keel for USNS Washington Chambers, the eleventh ship of the Lewis and Clark class of dry cargo-ammunition ships (T-AKE).  Construction of the Washington Chambers began in March…

Keel Laying for P&O Ferries

Aug 25, 2009

The keel of a ferry to be built for P&O Ferries was laid at STX Europe, Rauma on 25 August, 2009. The vessel is the first of the two ferries scheduled for delivery from Rauma shipyard in 2010 and 2011.Following a traditional ceremony, some lucky coins were placed under the keel…

Business Booms at Chesapeake Shipbuilding

Aug 24, 2009

According to a report from WTOP.com, Salisbury, Md. based Chesapeake Shipbuilding is planning to build its third new prefabrication facility on its property on the Wicomico River. Company spokesman Charlie Robertson said an old building on the…

Shipbuilders Rally as Hope Builds

Jul 16, 2009

Shipbuilder stocks in Korea rallied today, apparently fueled on hopes the shipbuilding industry had hit bottom in the second quarter and that demand for new vessels may revive as world economies stabilize, according to a Reuters report. Reuters…

Largest New Shipping Order

Jul 15, 2009

China's largest private shipbuilder has signed this year’s biggest deal in terms of dead weight tons, according to the company. Jiangsu Rongsheng Heavy Industries Group signed a contract Friday with Oman Shipping to build four iron ore carriers…

Awarded: $17.1m in U.S. Shipyard Grants

Jul 09, 2009

The U.S. Department of Transportation’s Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states.  The grants are part of the Assistance to Small Shipyards program.“Small shipyards are vitally important for the health of the maritime industry…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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