Report: HHI Leads Drop in Shipbuilding Stocks
According to reports, Hyundai Heavy Industries Co., led declines among shipyard stocks on concern of fewer orders for vessels this year after bulk rates fell the most since June 1989.
Macao Court Ruling Favors LVS
Las Vegas Sands Corp. announced that the Macao Intermediate Court has removed an interim injunction that had suspended the company's entitlement to operate a ferry service between Hong Kong and Macao.
Grounded Vessel Re-floated, Shipping Channel Re-opened
The Savannah River was reopened with no restrictions after the Ever Radiant was safely re-floated and removed from the navigational channel. The 965-foot container…
Initial Report on Cosco Busan Incident Prepared
The Coast Guard issued a press release stating that the initial report on the COSCO BUSAN incident has been prepared and forwarded to Headquarters for review. The report…
Port Workers Begin Enrollment for Port Security Credential
Port workers, longshore workers, truckers and others at the Port of Huntington/Tri-State will begin to enroll in the Department of Homeland Security's Transportation…
Aker Kvaerner Wins Contracts from Daewoo
Norwegian engineering, construction and technology group Aker Kvaerner ASA has secured two drilling riser systems contracts from Daewoo Shipbuilding & Marine Engineering.
Navy Granted Authority to Use Sonar in Training off California
The Navy announced Jan. 16 that two important steps have been taken under existing law and regulations to allow it to conduct effective, integrated training with…
CNO: 'LCS Will be the Workhorse of the Navy'
Marinette Marine Corporation, which is building the Navy's first littoral combat ship, USS Freedom (LCS 1), was the final stop, Jan. 14, for Chief of Naval Operations (CNO) Adm.
CNO Speaks About Shipbuilding at 20th SNA National Symposium
Delivering the keynote address at the Surface Navy Association's 20th National Symposium Jan. 15, Chief of Naval Operations Adm. Gary Roughead spoke on the importance…
Cummins Gen Sets for ASIMAR Container Ship
One of the largest ships to be delivered from a Thai shipyard in 2008 is the 101 by 18.8-meter container ship under construction at the Asian Marine Services Public Company Ltd.
Thai Boats for Thai Waters
Marsun Company Limited has built a strong reputation in the building of GRP, steel and aluminum military, patrol and pleasure vessels. In 2004 they built a successful crewboat.
