COSCO Gets Shipbuilding Deals Worth $1.3B
COSCO Corporation has clinched shipbuilding contracts valued at over $1.3b. The orders were received by its 51-percent owned unlisted unit, COSCO Shipyard Group.
Hanjin Heavy Industries Recruits 20,000
Some 20,000 local male residents are being recruited by business titan Hanjin Heavy Industries & Construction Co., Ltd., of South Korea for its shipbuilding and ship repair projects. Former vice Gov.
Cosco Singapore Higher on New Shipbuilding Orders
Shares of Cosco Corp. Singapore, a shipping company that owns a shipyard in China, rebounded after announcing it secured an order to build 29 bulk carriers worth $1.34b.
This Day in Navy History
October 26, 1921 - In first successful test, a compressed air, turntable catapult, launches an N-9 seaplane. 1922 - LCDR Godfrey deC. Chevalier makes first landing…
Tidewater Reports 2Q Results
Tidewater Inc. announced second quarter net earnings for the period ended September 30, 2007, of $86.5 million, or $1.56 per common share, on revenues of $319.0 million.
NWF Elects New Officers, Trustees
The National Waterways Foundation elected new officers and trustees at its recent meeting on October 3, 2007 in Houston, TX. Newly elected Foundation officers are Peter Stephaich…
Fabrication Begins on Final Gulf
Aegis Destroyer contracted for Gulf Coast construction began on Oct. Pascagoula, Miss. Named for the late Vice Adm. William P. for delivery in the fourth quarter of fiscal year 2010.
Expeditionary Warfare Conference Convenes in Panama City
Point Marriott Resort Village Golf and Yacht Club Oct. 22-25. issues relative to this year's theme, "Fighting Today... Keynote speaker Dr. Donald C. how the new maritime strategy, unveiled Oct.
USS Ohio Departs for Maiden Deployment
USS Ohio (SSGN 726) departed from Naval Base (NB) Kitsap, Bremerton delta pier for her maiden deployment as a guided-missile submarine, Oct. 14. Ohio was recently…
Seaarland Expands into Germany
Hamburg-based TB Marine-Hamburg GmbH. Shipbuilding Co for delivery 2011. up Seaarland Shipmanagement (Hamburg) GmbH & Co. KG. our German ships and other ships owned by TB's partners. 2008.
Hunter to Congress: Kill the Law of the Sea Treaty
Amid debate on the decades-old Law of the Sea Treaty (LOST) in the Senate, Republican presidential candidate Rep. Duncan Hunter (R-CA) urged his colleagues to follow…
Odfjell Acquires Tank Terminal in Rotterdam
On October 22, 2007 AVR Van Gansewinkel - Bedrijven, Pernis (Holding) and Odfjell Terminals (Rotterdam) B.V. (OTR), signed a contract for the sale of AVR - Maritiem, Botlek-Rt. to Odfjell.
NNS Secures Sub Funds
Newport News Shipbuilding, Newport News, Va., is being awarded an $85,838,105 modification under previously awarded contract (N00024-06-C-2105) for planning yard…
Wärtsilä Wins Vietnam Order
Wärtsilä received an order for a propulsion package from Vietnam in September 2007. The contract was awarded by the Ben Kien Shipyard in Haiphong and involves the…
Bollinger Promotes Satches
Bollinger Shipyards, Inc., Lockport, La., announced the promotion of Jodi Satches to Vice President of the newly established Health, Safety, and Environmental (HSE) Department.
Transocean Forms JV for Two Drillships
Transocean Inc. announced that a subsidiary has exercised its option to purchase a 50 percent interest in a joint venture company with Pacific Drilling Limited.
Coast Guard Finds Weaver Cove LNG Terminal Waterway Unsuitable
The Coast Guard announced its determination that the waterway approach to the proposed Weaver's Cove Liquefied Natural Gas terminal in Fall River, Mass., is unsuitable…
Burger Elects Cleveringa as VP
Burger Boat Company announced the appointment of Ron Cleveringa to the newly created position of Vice President Sales and Marketing. was promoted to the Project Engineering Team in January 2007.
Bharati Shipyard, Apeejay Shipping Enter JV
Mumbai-based Bharati Shipyard and Apeejay Shipping have signed a 50:50 joint venture agreement for setting up large modern shipbuilding yard along the eastern coast.
VT Delivers Fourth Type 45 Bow Set
VT Shipbuilding has delivered the fourth bow section for the Royal Navy’s new Class of Daring Class destroyers to BAE Systems Surface Fleet Solutions’ Govan shipyard in Glasgow.
