GAO: First Ford class carrier headed for cost overruns
NOVEMBER 21, 2014 — The lead Ford-class aircraft carrier (CVN 78) looks likely to be delivered late and over budget. The Navy will try to use smoke and mirrors to minimize the
Chouest, Island OCV newbuilds will be longer and wider
NOVEMBER 20, 2014 — Production is in full swing at Norway’s Ulstein Verft on the first of the two giant SX165 design construction vessels ordered by Edison Chouest Offshore and Island Offshore
Shell launches new range of EALs
NOVEMBER 20, 2014 — Shell has launched a new range of Environmentally Acceptable Lubricants (EALs), including Shell Naturelle S4 Stern Tube Fluid 100. The Shell Naturelle range of products enables ships entering
Two shipyards face OSHA penalties
NOVEMBER 20, 2014 — Colonna’s Shipyard, Inc., Norfolk, VA, and Austal USA LLC, Mobile, AL, have both been given citations by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA)
Sewol operator CEO gets 10 year prison sentence
NOVEMBER 20, 2014 — South Korea’s Gwangju District Court has imposed a 10 year prison sentence on Kim Han-Sik, CEO of Chonghaejin Marine Co., the operator of the ferry Sewol, which sank
World’s biggest box ship has world’s biggest engine
NOVEMBER 20, 2014 — The world’s largest containership, China Shipping Container Lines 19,000 TEU CSCL Globe (CSCL) is also noteworthy for being powered by what is, physically, the largest engine ever constructed
Seaspan orders two LNG fueled ferries
NOVEMBER 19, 2014 — Seaspan Ferries Corporation (SFC), Delta, B.C., Canada, has awarded Sedef Shipyard of Istanbul, Turkey a contract for the construction of two new dual-fueled (diesel and liquefied natural gas)
Stena to operate 1,500 passenger ferry on methanol
NOVEMBER 19, 2014 — One of the world’s biggest ferry companies, Sweden’s Stena Line, says it is to become the first operator in the world to run a large 1,500 passenger ferry
Gulf Island to build third 8,000 bhp towboat
NOVEMBER 19, 2014 — Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that, through its subsidiary Gulf Island Marine Fabricators, L.L.C., it has received notice to proceed with an option for the
CIT finances Blue Wall bulker acquisitions
NOVEMBER 19, 2014 — CIT Group Inc. (NYSE:CIT) reports that CIT Maritime Finance provided a $24.1 million senior secured credit facility to Blue Wall Shipping Limited, an investment holding company. The facility