Evergreen, Hapag-Lloyd and Wan Hai to Launch CIX Service
Evergreen Marine Corp, Hapag-Lloyd Container Line and Wan Hai Lines are to launch a weekly service linking India with Hong Kong, Shekou and Kaohsiung at the end of April.
MJP Waterjets Debuts New Line
MJP introduced in 2005 a new product line called DRB. The first model MJP 450 DRB is installed in the first AB 88, built at AB Yacht in Italy. Carrying impressive…
Aker Yards to build PSV for Island Offshore
Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel.
Report: Korean Shipbuilders Dominate Global Orders
Reports indicate that South Korea's shipbuilders ranked No. 1 through No. 7 worldwide in terms of order backlogs for the first time ever as of the end of February…
Exclusive Remedy for Crewman injured on Public Vessel
In an unpublished decision, the U.S. Court of Appeals for the Fifth Circuit ruled that the exclusive remedy for a crewman injured on a public vessel is against the federal government.
Nordic American Tanker Has Nine in Service
Nordic American Tanker Shipping Ltd. has taken delivery of the suezmax vessel that it agreed to acquire in February this year. The 1998 built suezmax has been named…
Questions Loom Over Leaks in HL01-Florence
According to reports, initial inspections have been made without results after HL01-Florence, reported ly the largest vessel ever built in Vietnam, took on water only hours after its launch April 6.
Navy Designates Next-Generation Zumwalt Destroyer
The Navy has announced April 7 that the first DD(X) destroyer will be designated DDG 1000. As the lead ship in the class, it will also be named in honor of former Chief of Naval Operations (CNO) Adm.
New Ferries for Istanbul
The EIB is lending Istanbul’s Ferry boat company (IDO) $60.84m to finance the purchase of two fast ferryboats – part of a comprehensive program, which aims to improve…
Northrop Grumman’s Newest Submarine Crew Moves Aboard
Northrop Grumman Corporation reached a milestone in the life of the newest Virginia-class submarine, Texas (SSN 775), as the crew began moving aboard and ate the…
Navy Designates Next-Generation Zumwalt Destroyer
WASHINGTON (NNS) -- The Navy announced that the first DD(X) destroyer will be designated DDG 1000. As the lead ship in the class, it will also be named in honor…
U.S. Navy Chief: Shipbuilding Industry Should Look to the Future
U.S. Navy Secretary Donald Winter has told the American shipbuilding industry to focus on long-term national interests. According to UPI, Winter urged industry executives…
Boeing UUV Indicates Compatibility, Utility with Navy Subs
Boeing has completed a second round of at-sea tests of its Long-term Mine Reconnaissance System (LMRS), a 20-foot unmanned underwater vehicle (UUV) designed to be launched…
TOP Tankers to End Quarterly Dividends
Oil and petroleum shipping company TOP Tankers Inc. said Thursday it will stop paying regular quarterly dividends, but said its board declared a special dividend of $2.50.
BIDV Signs Credit for Oil, Chemical Tankers
The Bank for Investment and Development of Viet Nam’s Hai Phong branch has signed a credit guarantee with Pha Rung Shipbuilding Co for the construction of four oil…
Fire on Russian Tanker Extinguished
Fire on the Russian tanker Jivanna at the Kaliningrad shipyard Yantar has been localized and extinguished, Itar-Tass reported. It took fire fighters almost seven…
Young Brothers to Invest in Boats, Barges
Hawaii's largest provider of interisland cargo transportation is planning a major multi million-dollar upgrade. Young Brothers Ltd. said it will invest $186m over…
Chinese Navy Completes Anti-Terror Drill
The Chinese Navy held its first anti-terror drill in the port city of Qingdao to test its capabilities in dealing with possible terrorist attacks using chemical…
Navy Aims to Stall Submarine Deal with Taiwan
Last summer, the U.S. Navy billed the Taiwan government $2.5m to cover the cost of a little-known operation dedicated to helping Taipei close a ground-breaking arms…
Weaver's Cove Offers Plan for LNG Shipments
Weaver's Cove Energy plans to use liquefied natural gas transports that are even smaller than the second set of vessels it specified in recent updates to its proposal…