Not too surprisingly, tanker owners’ association INTERTANKO is less than happy with the European Parliament’s vote to include shipping in the EU Emissions Trading System (see earlier story). “INTERTANKO members noted with
As we reported earlier, Lockheed Martin (NYSE: LMT) is one of the six companies recently awarded a NAVSEA contract to provide a study as part of the U.S. Navy’s Large Unmanned Surface
For months now there have been indications that a major rethink of the Navy’s future fleet priorities has been underway – and that it could have far reaching implications for shipbuilders. Yesterday
Propulsion specialist Schottel, Spay, Germany, reports that its board has approved the acquisition of a 3,000-square-meter site in Saint Petersburg, Russia. It will be used to build a new service center for
Damen Shipyards Group’s Galati, Romania, shipyard has launched a Marine Aggregate Dredge (MAD) 3500 at its Galati yard in Romania. Damen is building the MAD for U.K.-based Hanson Marine. The company will
The European Parliament has voted to include CO2 emissions from the shipping sector in the EU Emissions Trading System (ETS). The Parliament also wants to see an Ocean Fund set up to
Holland Ship Electric has selected Corvus Energy to supply lithium ion battery-based energy storage systems (ESS) for the five new all-electric ferries being built by Holland Shipyard Group for Amsterdam’s municipal public
In a filing with the SEC yesterday, Carnival Corporation & plc reported preliminary third quarter 2020 results that included a U.S. GAAP net loss of $2.9 billion which included $0.9 billion of
Bollinger Shipyards LLC reports that it will construct a state-of-the-art, floating dry dock for General Dynamics Electric Boat to support the construction and maintenance of the United States’ new Columbia Class of
Philly Shipyard Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), is to participate in the U.S. Navy’s Auxiliary General Ocean Surveillance (T-AGOS(X)) industry studies under an award made to