Songa Bulk sells a Supramax, buys a Capesize

SEPTEMBER 22, 2017 — Songa Bulk ASA (Oslo Axess: SBULK) says it has entered into an agreement to sell a Supramax bulk carrier, built in 2009 at the Tsuneishi Zhoushan shipyard, and

Evac names new President, Offshore and Merchant

SEPTEMBER 22, 2017 — Evac Group has named Tomas Michelsson as President, Offshore and Merchant, effective January 18, 2018, succeeding Claes Rudling, who retired during the summer. Evac is a leading provider

Samsung Heavy develops new LNG FSRU regas system

SEPTEMBER 22, 2017 — South Korean shipbuilder Samsung Heavy Industries has developed a new proprietary LNG regasification system for LNG Floating Storage and Regasification Units (FSRU). The system utilizes glycol to regasify

Electric Boat awarded $5.1 billion Columbia Class design contract

SEPTEMBER 21, 2017 – The U.S. Navy has awarded General Dynamics Electric Boat a $5.1 billion Integrated Product and Process Development (IPPD) contract to complete the design of the lead Columbia-class submarine,

Horizon takes steps to deal with revenue shortfall on ferry project

SEPTEMBER 21, 2017 – Horizon Shipbuilding, Bayou La Batre, AL, said today that project revenues from its major NYC Ferry newbuilding project were insufficient for it to continue normal day to day

Neptun floats out engine room module for LNG fueled cruise ship

SEPTEMBER 21, 2017 — The Meyer group’s Neptun shipyard in Rostock, Germany, today launched the first of two “floating engine room” modules for the world’s first LNG fueled cruise ship, AIDAnova. The

Another big box ship order raises over capacity worries

SEPTEMBER 21, 2017 — Analysts are worried that the container shipping industry is about to build itself a whole new lot of overcapacity. South Korea’s Daewoo Shipbuilding & Marine Engineering Co. said

Dorian calls in ABS to help it evaluate LPG as a marine fuel

SEPTEMBER 21, 2017 — Dorian LPG Ltd. (NYSE: LPG) has engaged ABS to evaluate the use of liquefied petroleum gas as a marine fuel, among other options, in advance of the IMO

Wärtsilä marine gear boxes to be produced by Siemens

SEPTEMBER 21, 2017 — Wärtsilä has reached a contract manufacturing agreement that will see the assembly and testing of its gear boxes will be moved to the Siemens Mechanical Drives facilities in

Rolls-Royce and Inmarsat in LOI on energy management system

SEPTEMBER 21, 2017 — Satellite communications provider Inmarsat and Rolls-Royce have signed a Letter of Intent to make the Rolls-Royce Energy Management system optionally available via Inmarsat Maritime’s Fleet Xpress high speed

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