Hyundai Heavy sets lower order target for 2015
JANUARY 5, 2015 — In a New Year message Hyundai Heavy Industries President and CEO Kwon Oh-gap told employees that the world’s largest shipbuilder has set its order target at $22.95 billion
BAE Mayport gets $14.5 million Navy contract mod
JANUARY 4, 2015 — BAE Systems Southeast Shipyards Mayport, LLC, Jacksonville, FL, is being awarded a $14,572,040 modification to a previously awarded contract (N40024-10-C-4406) for the selected restricted availability of the Arleigh
People smugglers adopt callous new technique
JANUARY 2, 2015 — In two incidents within days of each other, people smugglers abandoned ship and left hundreds of refugees to their fates as the rust buckets into which they had
Two Damen shipyards start the New Year with new names
JANUARY 2, 2015 — Shipdock Amsterdam and Shipdock Harlingen have started the new year with new names: Damen Shiprepair Amsterdam (DSA) and Damen Shiprepair Harlingen (DSH). DSA services vessels up to 250
Wärtsilä to power giant dredge
JANUARY 2, 2015 — A 6,500 cu.m. non self-propelled cutter dredge under construction in China will be one of the world’s largest with 5,200 kW of cutter power. Designed by the Design
Crowley sells two 1969-built tugs
DECEMBER 31, 2014 — Shipbroker Marcon International, Inc. of Coupeville, WA, reports that Crowley Marine Services, Inc. has sold the two 3,500 BHP twin screw, low profile harbor docking and coastwise tugs
Golar LNG goes ahead with second FLNGV conversion
DECEMBER 31, 2014 — Golar LNG Limited says that it has executed and made effective agreements for conversion of a second Moss Liquefied Natural Gas (LNG) carrier, the 125,000 cu.m LNG carrier
Panama Canal Board approves new port
DECEMBER 31, 2014 — The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have
Hyundai Heavy reports deal with union
DECEMBER 31, 2014 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reports that its management and labor union have concluded their negotiation on the wage and collective bargaining agreement
NYK cops plea in price fixing case
DECEMBER 30, 2014 — Japan’s Nippon Yusen Kabushiki Kaisha (NYK) has agreed to plead guilty and to pay a $59.4 million criminal fine for its involvement in a conspiracy to fix prices,