Exmar Avoids Loss by Selling Vessels
Belgian shipowner Exmar reported a $28 million net profit for the year 2017, on IFRS, compared to $40.4 million in 2016. The Nicolas Savery-led shipowner said that despite the drop…
Fred. Olsen Windcarrier, Seacor Team Up for US Offshore Wind Market
Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation…
Emas Offshore's PSV Charter Terminated
Singapore’s Emas Offshore has received a notice from Marina Aquata Shipping to terminate the bareboat charter for one of its leased platform supply vessels (PSVs).
Shipping Industry Sells Out on Paris Agreement
A call by the shipping industry for governments to compromise on ambition ahead of key UN discussions to reduce maritime emissions actually abandons the goals of the Paris agreement…
Yang Ming Establishes Regional Center for Mediterranean
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has set up the new regional center in Mediterranean area named Yang Ming(Mediterranean) Marine…
Christie Thomas New Vice President at Huntington Ingalls Industries
Huntington Ingalls Industries announced that Christie Thomas has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division.
CARENA Acquires New Dock
The Compagnie Abidjanaise de Réparation Navale et de maintenance industrielle (CARENA), subsidiary of the Bolloré Group and the SOFIA Group, just acquired a 3rd dock…
Twin Disc Rolls Out New HP500 PTO
Twin Disc begins an impressive 2018 by introducing its fourth new rugged and reliable Power Take Off. Built to deliver serious muscle where other PTOs would falter…
ASMAR Shipyards Contracts MELCAL for 2 Cranes for Antartica I
Project “Antarctica I”, a modern Antarctic ship for Chile, will be built at ASMAR Shipyard, under commission of the Chilean Navy. The polar class vessel will be…
Shipbuilder HII Names Thomas VP Pricing, Contracts
Huntington Ingalls Industries said that Christie Thomas was promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. She will succeed Tom Johnston, who will retire on April 1. Thomas will have overall responsibility for contracts, pricing, and export/import licensing and compliance for the Newport News shipyard and will report to Don Godwin, Newport News’ chief financial officer.
China Okays Merger of Two Largest Shipbuilders - Bloomberg
China's cabinet has given preliminary approval to merge the country's two largest shipbuilders, China State Shipbuilding Corp with China Shipbuilding Industry Corp…
GAIL India to get 90 LNG Cargos from U.S. in 2018
India's state-owned GAIL (India) Ltd on Friday said it would be annually receiving about 90 cargoes of liquefied natural gas (LNG) from Sabine Pass and Cove Point LNG terminals in the U.S.
Mitsui LNG Carrier Named Marvel Falcon
On March 29, a naming ceremony was held at Geoje Shipyard of Samsung Heavy Industries Co., Ltd. in Korea, for new liquefied natural gas (LNG) carrier that NYK has…
Obangame Express Concludes in Tema
The Ghanaian portion of exercise Obangame Express 2018 (OE18) concluded yesterday in Tema, Ghana, with a closing ceremony. Participants from the Royal Canadian Navy, the German Navy, the U.
Transocean Acquires Songa Offshore
Transocean Ltd. announced today that it completed the previously announced compulsory acquisition of the remaining outstanding shares of Songa Offshore SE. All remaining…
St. Lawrence Seaway Navigation Season Begins
The St. Lawrence Seaway Management Corporation marked the opening of the Seaway’s 60th navigation season today, with the transit of the newly built Algoma Niagara through Lock 3 on the Welland Canal.
Ingalls to Build NSC 10 for USCG
Huntington Ingalls Industries’ Ingalls Shipbuilding division received a $94 million fixed-price contract from the U.S. Coast Guard today to purchase long-lead materials…
Fincantieri, Grimaldi Sign Cruise Revamp Deal
The construction of the two mid-body sections will begin in 2018, while the completion of the works at Palermo shipyard is foreseen within summer 2019. The two vessels…
Ulstein delivers Acta Auriga before time
Acta Marine’s newbuild Walk to Work vessel Acta Auriga, was delivered from Ulstein Verft on 28 March 2018, three days before schedule. High quality and delivery…
BOEM to Review Offshore MA Wind Plans
In support of the President's America-First Offshore Energy Strategy, the Bureau of Ocean Energy Management (BOEM) today announced a Notice of Intent (NOI) to prepare…
