Breaking News

April 25, 2017

Damen Yichang launches TSHD for Australian customer

APRIL 25, 2017 — Damen Shipyards Group reports that the Damen Yichang Shipyard in China has now launched a Trailing Suction Hopper Dredge (TSHD) 650 ordered by Gippsland Ports of Victoria, Australia, in December 2015. The vessel, named Tommy...
April 25, 2017

Ample vessel supply makes Drewry bearish on LNG rates

APRIL 25, 2017 — Shipping consultancy Drewry believes that, given the mounting pressure on freight rates and continuing fleet growth over the next two years, excess LNG carrier supply will reduce only gradually with the recovery in rates pushed...
April 25, 2017

BWMS: Why bulkers are different

APRIL 25, 2017 — The U.S. dry bulk market will face a shortfall of vessels in a few years of time unless owners of this type of vessel can persuade the U.S. Coast Guard that bulkers face a number of specific difficulties in implementing the...
April 25, 2017

UPDATE: Second death in bulker explosion

APRIL 25, 2017 — A second crew member has died as a result of yesterday's explosion on board the Marshall Islands flagged, Slovenian owned bulk carrier Tamar (see earlier story) In an update issued this morning, the Coast Guard says that the...
April 25, 2017

NASSCO gets another $7.9 million for LCS work

APRIL 25, 2017 — General Dynamics National Steel and Shipbuilding Co. (NASSCO), San Diego, CA, has been awarded a $7,973,506 modification to a previously awarded cost-plus-incentive-fee, award-fee contract (N00024-15-C-4313) for option period...
April 25, 2017

Austal delivers first Cape Class patrol boat

APRIL 25, 2017 — Austal (ASX:ASB) reports that its Henderson, Western Australia, shipyard has delivered the first of two Cape-class patrol boats for the Royal Australian Navy, the Australian Defence Vessel (ADV) Cape Fourcroy. The two 58 m...
April 24, 2017

CBO puts a price on 355 ship Navy - it's hefty

APRIL 24, 2017 — A new report from the Congressional Budget Office estimates that, over the next 30 years, meeting the 355-ship objective called for in the new Navy force structure assessment (FSA) released in December 2016 would cost an...
April 24, 2017

USCG coordinates medical response to bulker explosion

APRIL 24, 2017 — The U.S. Coast Guard is coordinating with the New York Air National Guard’s 106th Rescue Wing and the Canadian and Portuguese Coast Guards to provide a medical emergency response for crewmembers following an explosion aboard...
April 24, 2017

Swiftships gets $27.4 million mod to Iraq contract

APRIL 24, 2017 — Swiftships LLC is being awarded a $27,402,593 firm-fixed-price modification to a previously awarded contract (N00024-14-C-4217) for the accomplishment of continuous lifecycle support for the Iraqi Navy. The Morgan City, LA,...
April 24, 2017

Bullets fly as piracy incidents mount

APRIL 24, 2017 — Several recent incidents show that Somali pirates are active again and are showing no hesitation in firing on merchant vessels. EU NAVFOR reports that late on Saturday evening, during a European Union counter-piracy patrol...

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