More European shipowners switch to ClassNK
JUNE 7, 2013 — ClassNK, which now bills itself as “the world’s largest classification society,” plans to get even larger. At Nor-Shipping, it underscored these ambitions by announcing plans to open more
STX Pan Ocean files for receivership
JUNE 7, 2013 — Dragged down by the continuing problems of the bulker market, Seoul and Singapore listed STX Pan Ocean Co., Ltd. filed for receivership in Seoul Central District Court today.
Teekay LNG newbuilds get U.S. gas export charters
JUNE 7, 2013 — When Teekay LNG Partners L.P. (NYSE:TGP) inked an agreement with Daewoo Shipbuilding & Marine Engineering (DSME) in December for the construction of two 173,400 cu.m LNG newbuildings (see
Austal launches JHSV 3
JUNE 6, 2013 — Austal USA’s Mobile, Alabama, shipyard yesterday successfully completed the launch process of the third Joint High Speed Vessel, the recently christened USNS Millinocket (JHSV 3). This 103-meter high-speed
Brazil shipyard suppliers get R&D cash infusion
JUNE 6, 2013 — The Brazilian shipbuilding supplier industry is to get BRL 41 million (about $19.25 million) to invest in new technology and equipment. FINEP (Financiadora de Estudos e Projetos), an
Newport News delivers final Block II Virginia class sub
JUNE 6, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that its Newport News Shipbuilding (NNS) division delivered the submarine Minnesota (SSN 783) to the U.S. Navy today. The boat, the last of
Wärtsilä provides design for Subsea 7 HCV newbuild
JUNE 6, 2013 — The newbuild heavy construction vessel (HCV) ordered by Subsea 7 at South Korean shipbuilder Hyundai Heavy Industries last month (see previous story) will be built to Wärtsilä Ship
Horizon names Hamlin EVP and COO
JUNE 6, 2013 — Jones Act containership operator Horizon Lines, Inc. (OTCQB: HRZL) has named William A. Hamlin Executive Vice President and Chief Operating Officer. Mr. Hamlin, who joined Horizon Lines in
“Nose jobs” pay off for slow steaming box ships
JUNE 6, 2013 — A “nose job” can maker older containerships look better in terms of fuel economy. DNV has gathered before and after operational-performance data that indicate that redesigning the bulbous
Crowley wins Seattle environmental award
JUNE 6, 2013 — Crowley Maritime Corp. has been honored with the Marine Environmental Business of the Year Award. Crowley’s Gordon Brink, administrative assistant, harbor ship assist and tanker escort services, accepted