Maersk: Fuel to cost $250 million more to comply with ECA
JULY 17, 2014 — Maersk Line says that ECA regulations coming into force in 2015 will cost it around $250 million a year in additional fuel costs. The container shipping giant will
$58 million boost for Eastern Canada ferries
JULY 17, 2014 — The Government of Canada is investing $58 million over two years to support interprovincial ferry services in Eastern Canada. It says that investment will allow for continued ferry
Aker Philly announces share buy back
JULY 17, 2014 — Oslo-listed Aker Philadelphia Shipyard ASA (OSE:AKPS) reported second quarter results that included adjusted EBITDA of $4.4 million compared to $3.7 million in Q2 2013 and an order backlog
Vigor to drydock Navy sub tender
JULY 17, 2014—Vigor Industrial, LLC, of Portland, OR, is being awarded a $16,984,940 firm-fixed-price contract for a 120-calendar day regular overhaul and drydocking of USS Emory S. Land (AS 39). Work will
ASC chief steps down
JULY 16, 2015 — Steve Ludlam is stepping down as Managing Director of Australian shipbuilder ASC. Wholly owned by the Government of Australia and founded as Australian Submarine Corporation, the company is
Lloyd’s Register to class BC Ferries’ gas-fueled ferries
JULY 16, 2014—Lloyd’s Register has been selected by BC Ferries to class its new Intermediate Class LNG-fueled ferries. Earlier this month, BC Ferries awarded a contract worth about $165 million to Remontowa
Fortescue poised to order another VLOC quartet
JULY 16, 2014 — In its latest quarterly report released today, Australia’s Fortescue Metals Group Ltd (ASX: FMG) says it is in advanced negotiations with another major Chinese shipbuilder to build four
Ukraine formally closes Crimean ports
JULY 16, 2014—Ukraine has now put into effect a directive that formally closes sea ports in the Crimean region to international shipping. This affects the following ports: Kerch Theodosia Sevastopol Yalta Evpatoria
BAE Norfolk gets $29.7 million Navy contract mod
JULY 16, 2014—BAE Systems Norfolk Ship Repair, Norfolk, VA, is being awarded a $29,773,261 modification to previously awarded contract (N00024-11-C-4403) for the USS San Jacinto (CG 56) fiscal year 2014 drydocking selected
New Generation delivers pushboat to Blessey
JULY 16, 2014—New Generation Shipbuilding, Houma, LA, recently delivered one of its signature 72 ft x 30 ft pushboats, the Lisa Gail Strafuss, to Blessey Marine Services, Harahan, LA. A sister-ship is