More red ink at Vard, but order backlog edges upward

JULY 24, 2017 – Specialist shipbuilder and designer Vard Holdings Limited, which is now 78.20% owned by Fincantieri, has reported its financial results for the second quarter and first half-year ended June

VIDEO: Silver Ships to commission multi-mission patrol boat

JULY 24, 2017 — A 38 ft multi-mission patrol boat for Montauk Harbor, Montauk, NY, will be officially dedicated with a “splash down” ceremony in Montauk on July 26. The vessel is

EU backs project aimed at building FRP vessels over 50 m

JULY 24, 2017 — A EUR11 million project backed with funding from the EU is aiming to enable the construction of ships over 50 m in length (including inland waterways vessels), using

Clarksons says number of active shipyards is lowest in years

JULY 24, 2017 — According to the world’s largest shipbroker, Clarksons, the number of “active” shipyards in the world has fallen to its lowest number in many years. Clarksons is talking about

Fosen Yard and Hantong Shipbuilding sign LOI

JULY 24, 2017 — Fosen Yard, Rissa, Norway and Hantong Shipbuilding, China, have signed a Letter of Intent to form a joint venture to build RoPax, RO/RO and cruise vessels. The new

Port of Corpus Christi to get a Suezmax-capable oil dock

JULY 24, 2017 — The Port of Corpus Christi, Texas, has approved a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-year lease agreement covers

Senate bill ups funding for Corps of Engineers waterways work

JULY 24, 2017 — Waterways Council, Inc. reports that the Senate Appropriations Committee has approved the FY 2018 Energy & Water Development (E&WD), and Related Agencies appropriations bill. It significantly increases FY

Royston repowers two Lake Windermere passenger vessels

JULY 24, 2017 — The Queen of the Lake, a traditional wooden launch built in 1949, is one of two well-known passenger service vessels operating at a leading British tourist destination that

Philly Shipyard signs LOI for two boxships with “blue chip” operator

JULY 21, 2017 — Philly Shipyard, Inc. (PSI), a wholly-owned subsidiary of Philly Shipyard ASA (Oslo: PHLY), says it has entered into a Letter of Intent (LOI) with what it describes as

Hampton Roads Transit christens first of three new ferries

JULY 21, 2017 — Virginia’s Hampton Roads Transit recently christened its newest passenger ferry, Elizabeth River IV. Designed by BMT and constructed by the Armstrong Marine shipyard in Swansboro, NC, the ferry

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