Korean shipbuilders awash in red ink
JULY 29, 2015 — All three South Korean shipbuilding giants have now reported massive operating losses. After market close Wednesday, Samsung Heavy Industries reported an operating loss of 1.55 trillion won ($1.3
JULY 29, 2015 — All three South Korean shipbuilding giants have now reported massive operating losses. After market close Wednesday, Samsung Heavy Industries reported an operating loss of 1.55 trillion won ($1.3
JULY 28, 2015 — With more than 42 million tonnes of bunker sales last year, Singapore is the world’s top bunkering port. As part of its efforts to keep that lead, the
JULY 28, 2015 — Costa Cruises is to build two 6,600 guest, LNG fueled cruise ships under the four ship newbuild program at Meyer Werft announced by Carnival Corporation & plc (NYSE/LSE:
JULY 27, 2015 — Open to students attending maritime themed high schools, SUNY Maritime College’s fourth annual STEM Academy, which runs July 27 to 31 at Fort Schuyler on the suburban Throggs
JULY 27, 2015 — ABS has granted approval in principle to a Jensen Maritime-designed, liquefied natural gas (LNG)-bunkering articulated tug-barge (ATB). The approval establishes that Jensen’s vessel concept, which is classed as
JULY 27, 2015 — Rolls-Royce Power Systems is investing in the development of next-generation combustion engines at its MTU brand. Today, new test stands went into operation in Friedrichshafen, Germany, MTU’s lead
JULY 27, 2015 — Marseilles, France, headquartered CMA CGM Group took delivery today of the CMA CGM Vasco De Gama on from China State Shipbuilding Corporation (CSSC). With a length of 399
JULY 27, 2015 — Spanish shipbuilder Zamakona Yards reports that its Santurce shipyard has completed the tuna freezer vessel Euskadi Alai for Echebestar Group member Bermeo. The 82.98 m Euskadi Alai is
JULY 27, 2015 — Matson, Inc. (NYSE: MATX), has promoted Kenny Gill, previously Senior Director of Operations for Horizon Lines’ Alaska division, to the position of Vice President, Alaska. In his new
JULY 24, 2015 — Cummins Generator Technologies reports that customs officers at the Port of Eilat in Israel have seized ten generating sets originating from United Arab Emirates and bound for Palestine.