Incat Ferry Order from Denmark

  Incat Tasmania Pty Ltd, Australian shipbuilder, has secured a contract for the construction, delivery and long term charter of a large fast vehicle ferry for Danish company Mols-Linien A/S.

Korean Shipbuilders in Red

 South Korean shipbuilders are struggling with huge losses stemming from the delivery of low-priced ships and a delay in the construction of offshore facilities such as drill ships.

S. Korea Keeps Top Spot in Shipbuilding Beating China, Japan in Q3

 South Korean shipbuilders have ranked first in the world outpacing Chinese and Japanese rivals in terms of new orders in the third quarter of the year, reports

TMS Cardiff Gas Orders First LPG Carriers

  TMS Cardiff Gas Ltd. has signed a contract with Hyundai Heavy Industries of Korea for the construction of two 78,700 cbm LPG carriers with the option to build another two.

Japan’s First ME-GI Engine Passes Factory Tests

The factory acceptance test (FAT) of the first ME-GI engine in Japan recently took place at the Tamano Works of Mitsui Engineering & Shipbuilding Co., Ltd. (MES),

Damen's Third Ferry for South Korea

  All good things come in threes as Damen delivers the third vessel of the year, from the Damen Fast Ferry (DFFe) series to South Korean operators. Having already

Thyssen Taps Anil Group for Sub Bid

 Diversified German conglomerate ThyssenKrupp AG has initiated talks to partner Anil Ambani-led ADAG in building up to 12 submarines in a contract expected to be worth Rs50,000 crore ($7.

Epic Gas Secured Credit Facility for 7 Newbuilds

 Epic Gas Ltd has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction.   The

SSI to Present Welding & 3D Model Papers at ICCAS

"Intuitive Weld Management" and "Innovative methods for leveraging a 3D model" are two of the white papers that representatives from CAD/CAM developer SSI will

Singapore Offers Funding to Build LNG Vessels

 Singapore Offers Funding to Build LNG Vessels   Port of Singapore offers S$12 million funding for building of LNG-fuelled vessels as Singapore advances LNG bunkering

Willard to Build 3 Survey Ships for NOAA

NOAA awards shipbuilding contract to Willard Marine for the construction of three aluminum survey vessels   Willard Marine informs it was awarded a contract to

Construction Begins on Matson’s Aloha Class

Matson, Inc., a U.S. carrier in the Pacific, announced that production has begun on its two new Aloha Class containerships following a steel cutting ceremony at Aker Philadelphia Shipyard Inc.

DNV GL Publishes New Classification Rule Set

DNV GL's new rules for classification of ships become publicly available online today following a development and review process involving 250 internal experts

Gondon Shipyard Expansion Underway

Spanish shipbuilder continues expansion and improvement process at several of its facilities targeting increased productivity Gondan Shipyard announced it

Ulstein Systems Ordered for New Rock Installers

Ulstein Power & Control announced it has been contracted by Chinese shipbuilder AVIC Weihai Shipyard Co. Ltd. to deliver power and control for two subsea rock installation

More Democrats Needed to Repeal Crude Export Ban

Lawmakers who want to ditch the 40-year-old U.S. ban on exporting oil will likely enjoy a victory on Thursday in the Senate banking committee - but they are struggling

Hapag-Lloyd Secures Financing for Five Newbuilds

Container shipper Hapag-Lloyd announced it has signed a 12-year $372 million facility agreement with a banking syndicate to finance the construction of five new

Crowley Acquires Jones Act Tankers

  Crowley Maritime Corp. took delivery of Ohio, the first of four new, Jones Act, product tankers this week from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.

Aker ASA Equity Holdings Restructured

  Aker ASA has on 30 September 2015 transferred its equity holdings in Converto Capital Fund AS to Aker Capital AS, a wholly-owned subsidiary of Aker. As per 30 September 2015,

Saga Cruises Orders New Ships

 Saga Cruises has placed an order for a new cruise ship to be built by Meyer Werft in Germany with the delivery date of Summer 2019.    The deal comes with an

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