U.S. Navy Issues Modification To Lockheed Martin Contract
The U.S. Navy has issued a Lockheed Martin-led industry team a contract modification for one fully funded 2015 Littoral Combat Ship (LCS) valued at $362 million, along with $79 million in advanced procurement funding for a second ship. The balance of the second ship will be funded by Dec. 31, 2015. The advanced procurement dollars approved by Congress provides the funding required to maintain the cost and schedule of the final block buy option.
Mustang Marine Receives $5.3m Pilot Boat Order
Workboat and marine energy device builder Mustang Marine has won a $5.34m contract to construct three new pilot boats for the Port of Milford Haven. The Pembroke Dock-based company is now looking to recruit new workers locally in a number of skilled positions to meet an increased demand for its services, having already increased the size of its workforce to 54 people over the last nine months. The…
Incat Tasmania’s Latest Ship on the way to Japan
The latest delivery from Australian shipbuilder Incat Tasmania Akane, an 85 metre high speed Wave Piercing Catamaran Ferry, Incat hull 068, will arrive in Japan early April. Built at the Incat shipyard at Prince of Wales Bay, Hobart the vessel was sea trialled late March, and has departed Hobart on her delivery voyage. The vessel will go into service in April with Sado Kisen, a long standing ferry operator in Japan.
56 Dead as Russian trawler Sinks
Trawler with 132 crew sinks in freezing waters; rescue operation seeks missing crew. MOSCOW, April 2 (Reuters) - A Russian trawler sank in icy seas off Russia's…
FSRU Finally Arrives in Egypt
A long-delayed liquefied natural gas (LNG) import terminal has arrived in Egypt with a cargo of 160,000 cubic metres of LNG, an official at state gas board EGAS told Reuters on Thursday.
Seaspan Acquires First 14000 TEU Boxship
Seaspan Corporation has accepted delivery of a 14000 TEU containership, the Yang Ming Wish. The new containership, which was constructed at Hyundai Heavy Industries Co.…
General Dynamics Wins $610 milion Naval Order
The U.S. Navy has awarded funding for the construction of DDG 122, the Fiscal Year 2015 Arleigh Burke-class destroyer under contract at General Dynamics Bath Iron Works.
'Iron Nickel' is Decommissioned
Hundreds of current and former crew members, 10 previous commanding officers, and their family members crowded onto the flight deck of the amphibious assault ship…
Grand Elena's Hundredth Voyage
The gas tanker Grand Elena, jointly owned by PAO Sovcomflot and the Japanese company NYK, has embarked on her hundredth voyage from the port of Prigorodnoye in Russia to Japan.
Mammoet Bags LNG Project in Louisiana
Mammoet announces it has been awarded the heavy lift and heavy haul contract for the Cameron LNG project in Hackberry, Louisiana. The multi-billion dollar project…
Russian Trawler Sinks with 54 Dead
At least 54 people died when a Russian trawler sank off the Kamchatka Peninsula in Russia’s Far East, media reports say. The Dalniy Vostok sank in the Sea of Okhotsk…
Navig8, Ocean Yield in Chemical Tanker Deal
Norway’s Ocean Yield has bought eight chemical tanker newbuildings for $306.8m from Navig8 Chemical Tankers Inc, which will lease the vessels back on 15-year "hell and high" bareboat charters.
Northern Offshore Delays Deliveries for Two Jack-up Rigs
The Houston-based Rig player Northern Offshore has negotiated a nine month delay for the delivery of two high specification jack up rigs Energy Engager and Energy Encounter.
Pakistan to Buy Eight Submarines from China
Pakistan is close to signing a $4 to $5 billion deal to buy eight submarines from China, the Financial Times said on Thursday, in what it added would likely be China's largest overseas arms sale.
Taiwan Pushes for Local Submarine Program
Taiwan's president, Ma Ying-jeou, reiterated Taiwan's determination to push ahead with its domestic submarine program to modernize its fleet and bolster the country's defense capabilities.
Can Shipping Lines Survive?
The world's shipping lines risk bankruptcy and will have to shed assets in order to stay afloat. The outlook for the global container shipping industry remains challenging for the remainder of 2015…
Massive cargo ship runs aground in US
A 33,044-ton cargo ship ran aground Wednesday in the Delaware River near the Burlington-Bristol Bridge, between Pennsylvania and New Jersey. According to the U.S.
Dubai to Expand LNG Terminal
The UAE is planning to expand the capacity of a liquefied natural gas (LNG) terminal in Dubai to help meet rising demand for electricity and water, the energy minister Suhail Al Mazrouei said.
Bulk Carrier Runs Aground in Delaware River (Link to Video)
Coast Guard Sector Delaware Bay is investigating a ship aground in the Delaware River near the Burlington Bristol Bridge, which connects Burlington, NJ and Bristol Township, PA.
Largest All-Electric Pipe Bender Starts Operations at Newport News Shipbuilding
Unison has commissioned what is believed to be the largest all-electric tube bending machine ever produced. The machine has started operations at Newport News Shipbuilding…
