Japan files WTO complaint on Korean shipbuilding subsidies

NOVEMBER 14, 2018 — As South Korea continues to struggle to find ways to help its battered shipbuilding industry, Japan has now formally complained to the World Trade Organization (WTO) asserting that

Putting Data to Work: the pursuit of operational excellence of marine assets

November 14, 2018 —  Advancements in the field of data science are presenting new opportunities for ship owners looking to improve fleet utilization by combining advanced analytics with lessons learned from operations.  It is

VIDEO: Damen Curaçao commissions new Panamax floating dock

NOVEMBER 14, 2018 — Damen Shiprepair Curaçao (DSCu), has now commissioned the largest of two new floating dry docks. After final tests on the morning of November 2, the 230 m x

Thrustmaster acquires controlling interest in Blue Thruster

NOVEMBER 14, 2018 — Thrustmaster Holdings B.V., affiliated with U.S. based Thrustmaster of Texas Inc. recently acquired a 58.5% stake in Blue Thruster, a Dutch based maritime innovations company. With this transaction,

One GDMA scandal defendant pleads guilty, another heads for prison

NOVEMBER 13, 2018 — The Fat Leonard bribery scandal continues to leave a widening trail of tarnished Navy reputations in its wake. Today a retired U.S. Navy captain pleaded guilty to criminal

Leslie Controls wins $5.65 million Virginia class valve contract

NOVEMBER 13, 2018 — Tampa, FL, based Leslie Controls, a CIRCOR International brand, has been awarded a $5.65 million contract to provide valves to the U.S. Navy for ten Block V Virginia-class

Taiwan’s Wan Hai Lines orders 20 containerships plus 8 options

NOVEMBER 13, 2018 — Taipei, Taiwan, headquartered Wan Hai Lines has placed orders for 20 new containerships, split between Japan Marine United Corporation and China’s Guangzhou Wenchong Shipyard and China Shipbuilding Trading

STX gets LR AIP for LNG fueled 50,000 dwt tanker design

NOVEMBER 13, 2018 — Classification society Lloyd’s Register has granted South Korea’s STX Offshore & Shipbuilding Co., Ltd. approval in principle for a 50,000 dwt MR tanker design capable of using LNG

CIT names managing director to lead its maritime finance business

NOVEMBER 12, 2018 — CIT Group Inc. (NYSE: CIT) has named Evan Cohen as managing director and group head for its Maritime Finance business. In his new role, Cohen leads a team

Rolls-Royce to equip two fishing vessels on order at Karstensen

NOVEMBER 12, 2018 — Icelandic shipowners Samherji Island and Sildarvinnslan have confirmed orders with Denmark’s Karstensen Shipyard for two identical 88 m trawl and purse seiner newbuildings whose hulls will be built in

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