S.Korea to Allow Foreign Investment in Daewoo
will invite foreign investment in the sale of government shares in Daewoo Shipbuilding & Marine Engineering and other domestic firms to boost foreign currency liquidity.
DOE Recognizes NSWC Carderock for Federal Energy and Water Management
The U.S. Department of Energy (DoE) in selected Naval Surface Warfare Center (NSWC) Carderock, a Naval Sea Systems Command (NAVSEA) field activity, Aug. 18 for…
NAVSEA Teamwork Delivers USS George Washington On Time
Naval Sea Systems Command (NAVSEA) repair work will enable USS George Washington (CVN 73) to assume its role in Yokosuka, Japan, as our nation's only forward-deployed aircraft carrier in September.
Russia Building Floating Nuclear Power Plant
In a couple of years, a new kind of vessel will appear on the sea - the floating nuclear power plant (FNPP). The Academician Lomonosov, currently under construction in…
MHI and Wärtsilä to Jointly Develop Small-Size Engines
Mitsubishi Heavy Industries, Ltd. (MHI) and Wärtsilä Corporation of will jointly develop new small, low-speed marine diesel engines with cylinder bores of 350 and 400 millimeters (mm). The two companies agreed on joint design and development of engines of less than 450 mm cylinder bore in May 2008, based on a previously signed strategic alliance agreement. The new engines, to have a power range of 3…
Bollinger Returns after Gustav
Bollinger Shipyards returns 95 percent of its 14 locations back to work following Hurricane Gustav's plowing through the heart of the based shipyard community.
Double Launching at HDW-Gaarden
On September 5, two 2,700 TEU container ships were launched at HDW-Gaarden in , a company of ThyssenKrupp Marine Systems. The two container ships are the second and the third of a series of three ships for the Hermann Buss shipping line in Leer. The MAIN TRADER was named by Gabriela Meyer, the wife of Jens-Uwe Meyer, financial consultant to the shipping line. The Mosel Trader was named by Dr. Ulrike Schäfer, the wife of Dr. Matthias Schäfer of the Buss family.
Mississippi River Reopens to Barges after Gustav
The entire Mississippi River, the most important commercial waterway, has reopened to barge traffic after being closed near due to Hurricane Gustav, the Coast Guard said.
Sealink Unfazed by Escalating Costs
Sealink International is not concerned with the current turbulent economy and escalating material costs, the Staronline.com reported. Company officials said the…
Buoyant Industry, but Analysts Worry about Acquisition Boom
Samsung Heavy Industries' overcrowded shipyard boasts about 40 months' worth of orders, yet analysts say that the seemingly buoyant shipbuilding industry may soon be heading into a multiyear downturn…
Tianjin Gets OK for Shipbuilding Industrial Fund
's National Development and Reform Commission has recently approved , a municipality in the north of the country, to prepare for establishment of a CNY 20 billion…
Navy's New Sub Class Conducts First Cruise Missile Launches
The Navy conducted multiple launches of Tomahawk cruise missiles from USS Virginia (SSN 774) in August in the as part of the program's developmental and operational testing efforts.
Navy Accepts Delivery of Green Bay (LPD 20)
The Navy accepted delivery of (LPD 20) from Northrop Grumman Shipbuilding (NGSB) in , Aug. 29. This is the fourth ship of the class of amphibious transport dock ships that NGSB has delivered.
Aker Solutions Establishes New Base in Vietnam
Aker Solutions opened a new operation center in . The new operation center, which is located within state-owned base of Petroleum Technical Services Corp (PTSC)…
ADSB and RR Set up Waterjet Support Service Center in Abu Dhabi
and Rolls-Royce Marine Middle East announced an agreement to set up a Waterjet Center of Excellence in to provide support services to its customers in the Arabian Gulf Region. ADSB is the only naval shipyard in the , providing both build and support services for all Gulf Co-operation Council (GCC) naval vessels. Rolls-Royce will work with ADSB to offer services such as training, maintenance, repairs and overhauls, spare parts and service contracts for waterjet customers.
USNS Pathfinder Participates in at-Sea Demonstration
Military Sealift Command oceanographic survey ship USNS Pathfinder arrived in , , to pick up Ukrainian personnel and members of the U.S.-based Institute for Exploration…
This Day in Naval History - Sept. 05
1775 - Adoption of first uniforms for Navy officers. 1813 - USS Enterprise captures HM brig Boxer off . 1918 - USS Mount Vernon torpedoed by German submarine off . 1923 - U.S.
USNS Saturn Aids Stranded Fishing Vessel
U.S. Navy combat stores ship USNS Saturn (T-AFS 10) aided a stranded fishing vessel about 53 nautical miles south of Aug. 24. Saturn's watchstanders on the bridge…
MAN Diesel Commissions First TCA88-25 Turbocharger
The Business Unit Turbocharger at MAN Diesel has reported on the first shop test on its largest turbocharger, the axial type TCA88–25. The TCA88-25 was launched…
Exmar Sells Carli Bay
Exmar has sold its 25,000 cubic meters fully refrigerated LPG/NH3 vessel (built MHI 1998) to ABG Sundal Collier. The vessel will be delivered to the new Owners…
