Korea’s First Aegis Destroyer Launched
Hyundai Heavy Industries (HHI) completed and launched Korea’s first 7,600-ton class Aegis destroyer. The launching ceremony for the ship was held May 25, 2007. In…
108,920 bhp Marine Engine Completes Successful Trial
Hyundai Heavy Industries Co. Ltd. (HHI) announced that it has successfully completed a trial run with what is reported to be the world’s biggest electronically controlled marine engine…
HHI Signs LNG Cargo Pump Deal
Hyundai Heavy Industries Co., Ltd. (HHI) signed a technical agreement for a cargo pump for LNG carriers with Carter Cryogenics of the U.S. The agreement was signed by Choi Weon-gil…
This Day in Naval History: June 1
1813 - HMS Shannon captures USS Chesapeake, Capt. James Lawrence. As the mortally wounded Lawrence was carried below, he ordered, "Tell the men to fire faster! Don't…
Tidewater Declares Dividend
Tidewater Inc.'s board of directors declared a quarterly dividend of $.15 per share on Tidewater's approximately 57 million shares of common stock outstanding. The…
Kollmorgen Inks $6.5m Sub Deal
Kollmorgen Corp., Electro-Optical Division, Northampton, Mass., is being awarded a $6,580,913 firm-fixed-price contract for production of eight Universal Modular Mast (UMM) Systems.
Raytheon Wins $20.6m Navy Comms Deal
Raytheon Co., Network Centric Systems, Marlborough, Mass. is being awarded a $20,600,000 modification to a previously awarded cost-plus-award-fee development, firm…
Teekay, TORM Acquire Majority Stake in OMI
tender offer. After taking into account the 2.4 million restricted shares that were cancelled in accordance with the transaction agreement among OMI, Teekay, TORM and Omaha…
Aker Kvaerner Wins Subsea Umbilical Contract
Aker Kvaerner won a $14m contract to supply subsea umbilicals to Helix Energy Solutions through its subsidiary Energy Resource Technology, Inc. The contract inlcudes…
Keppel FELS Secures Order for $191m Jackup
Keppel FELS Limited (Keppel FELS), the wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has secured a contract from PetroVietnam Drilling…
HHI Secures $3b in Orders for May
Hyundai Heavy Industries Co said it secured orders for 31 vessels worth $3.3b in May. According to AFX News, it is the largest ever monthly shipbuilding orders total.
MMA Training Ship Arrives in Sicily
Maine Maritime Academy’s (MMA) training ship, State of Maine, arrived earlier today in Palermo, Sicily, a port-of-call not originally on the itinerary of the college’s…
Eastern Echo Builds Seismic Ships
The newly formed, Dubai-based shipping company Eastern Echo is building four ships of the Ulstein SX124 design. These will be the first seismic vessels of Ulstein…
First Hawaii Superferry Handover
The 107-meter Auto Express vehicle-passenger catamaran, launched at Austal’s Mobile, Alabama facility on January 18, for the Hawaii Superferry Corporation has been…
Cruise Passengers to Help Celebrate Anniversary of the Battle of Midway
When Regal Princess arrives in Midway on June 4, passengers will have the unique opportunity to relive history by attending a historic ceremony marking the 65th…
Bills Introduced on Air Emissions from Ships
Senator Boxer (D-CA) and Representative Solis (D-CA) introduced the Marine Vessel Emissions Reduction Act of 2007 in companion versions (S. 1499 and H.R. 2548 respectively)…
EPA Issues Notice on Low-Sulfur Diesel Fuel
The Environmental Protection Agency (EPA) issued a notice stating that, effective June 1, refiners will begin producing low-sulfur diesel fuel for use in ships.
Navy Secretary Names New Combat Logistics Ship
Secretary of the Navy Donald Winter announced on May 29 his decision to name the Navy's newest underway replenishment vessel, USNS Amelia Earhart (T-AKE 6). The…
Kitty Hawk Returns From Sea Trials
Large harbor tugs assist USS Kitty Hawk (CV 63) as she returns to her forward deployed base after conducting sea trials. U.S. USS Kitty Hawk (CV 63) returned to…
SeaChange Completes $100m Private Placement for Expansion
SeaChange Maritime has completed a private placement of $100m, the proceeds of which will be used to invest in expanding its fleet of container ships. The company…
