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OCTOBER 19, 2014 —The Lockheed Martin [NYSE: LMT]-led industry team yesterday launched the Navy's seventh Littoral Combat Ship (LCS), the Detroit, into the Menominee River at shipbuilder Marinette Marine Corporation (MMC). The ship's sponsor, Mrs.…
OCTOBER 19, 2014—A consortium consisting of Royal Boskalis Westminster N.V., Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has been awarded a $1.5 billion contract by the Suez Canal Authority in connection with the…
OCTOBER 17, 2014 — Shipowners' organizations are welcoming a decision on Ballast Water Management Systems (BWMS) taken at this week's meeting of IMO's Marine Environmental Protection Committee (MEPC). IMO's Ballast Water Management Connvention is getting…
OCTOBER 17, 2014 — Malaysia's largest Offshore Support Vessel (OSV) shipbuilder, Singapore-listed Nam Cheong Limited, has launched the first AHTS built to its new, proprietary, NCA80E design. It already holds letters of intent worth $186…
OCTOBER 17, 2014 — The cruise ship Carnival Magic was today reportedly returning to the U.S. with a low risk Ebola contact in voluntary isolation in her cabin. The Texas Health Presbyterian Hospital employee, who…
OCTOBER 17, 2014 — Under a settlement agreement with the United States,  ATP Infrastructure Partners LP (ATP-IP) will pay a $1 million civil penalty and perform corrective measures to resolve claims by the U.S. under…
OCTOBER 17, 2014 — Weld distortion is a costly problem for U.S. shipyards. A National Shipbuilding Research Program (NSRP) project is focusing on reducing weld distortion by using a new welding process: HiDep (high deposition)…
OCTOBER 16, 2014 — European shipowners are urging EU regulators not to go ahead with a unilateral EU Regulation for Monitoring, Reporting and Verification system of carbon dioxide emissions from maritime transport (EU MRV Regulation),…
OCTOBER 16, 2014 — South Korea's Hyundai Heavy Industries Co., the world's largest shipbuilder, said today that it has cut back the number of executives, including those at Hyundai Mipo Dockyard Co. and Hyundai Samho…
OCTOBER 16, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $31.8 million senior secured credit facility to Epic Gas Ltd. to acquire two pressurized liquefied petroleum gas (LPG) tankers on…
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