• News

Maersk names first Triple-E containership

JUNE 14, 2013 — Maersk Line’s newest containership, the first of the Triple-E series, was named this morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo,

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Ingalls gets $76.8 million funding for seventh NSC

JUNE 14, 2013 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division today received a $76.8 million fixed-price contract from the U.S. Coast Guard to purchase long-lead materials for Kimball (WMSL 756), the

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Heads roll at KHI as board torpedoes Mitsui merger

JUNE 14, 2013 — A management integration of Japan’s Kawasaki Heavy Industries and Mitsui Engineering and Shipbuilding Co is not going to happen. And the three Kawasaki executives who were pressing for

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Shipping industry confidence levels perk up

JUNE 14, 2013 — Smile: According to international accountancy firm Moore Stephens, overall confidence levels in the shipping industry rose to their highest level for two and a half years in the

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Wärtsilä gets European Investment Bank R&D loan

JUNE 14, 2013 — The European Investment Bank (EIB) has granted Wärtsilä a EUR 150 million loan to finance its research, development and innovation (RDI) activities in several European countries. Key areas

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Swanland sinking report raises major concerns

JUNE 14, 2013 — A report issued this week by the U.K. Marine Accident Investigation Branch underscores the dangers of improperly loading high density cargoes and shines a light into that part

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$9.1 million more for McFaul overhaul

JUNE 14, 2013 — Marine Hydraulics International, Norfolk, Va., is being awarded a $9,175,804 modification to previously awarded contract (N00024-10-C-4405) to exercise options for the accomplishment of the USS McFaul (DDG 74)

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Metal Shark bites off a chunk of Navy business

JUNE 14, 2013 — Gravois Aluminum Boats LLC, Jeanerette, La., which does business as Metal Shark Aluminum Boats, is being awarded a $9,634,577 firm-fixed-price, indefinite-delivery/indefinite-quantity U.S. Navy contract for the construction of

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U.S. back on Paris MOU “White List”

JUNE 13, 2013 — The U.S. is back on the “White List” of quality flags maintained by the Paris MOU, which coordinates the port state control inspection efforts of 27 countries. The