Red ink quarter for Conrad
Morgan City, La., headquartered shipbuilder and repairer Conrad Industries, Inc. (OTC Pink: CNRD) has reported first quarter 2019 results that included a net loss of $307,000 and loss per diluted share of
shipbuilder
Acta Marine takes delivery of second walk-to-work vessel
Den Helder, Netherlands headquartered Acta Marine’s newbuild walk- to-work vessel Acta Centaurus has been delivered on schedule by Norwegian shipbuilder Ulstein and is about to set sail for its first offshore wind
New Wärtsilä waterjets picked for Trinidad & Tobago cat
Wärtsilä has won its first order for its new WJX series of waterjets introduced in early March. Four WXJ1200 waterjets will power the 100 m long, wave-piercing catamaran ferry ordered from Incat
Wallenius-SOL orders LNG fueled RO/ROs
A new Swedish shipping company has ordered a series of LNG fueled newbuilds at Chinese shipbuilder CMC Raffles that will be the largest RO/RO vessels thus far built to Finnish/Swedish Ice Class
Damen reports net loss for 2018
Damen Shipyards Group posted a net loss of EUR 17 million (about $19 million) for 2018. This is the first time in 15 years that the Dutch shipbuilder has announced losses. Damen
Royal Caribbean orders fifth Edge class cruise ship
Royal Caribbean Cruises Ltd. (NYSE: RCL) today announced that it has entered into an agreement with French shipbuilder Chantiers de l’Atlantique to order a fifth Edge-class cruise ship for delivery in the
Kongsberg wins major power-by-the-hour service contract
When Norway’s Kongsberg Group acquired the Rolls-Royce Commercial Marine (RRCM) business, it took on board an operation that in 2018 reported an underlying loss of about $45 million. It is understood that
GAO: Navy’s estimate of Columbia Class cost “not realistic”
A GAO (U.S. Government Accountability Office) report says that Navy’s cost estimate to construct 12 Columbia class submarines—$115 billion—is not realistic because it is based on several overly optimistic assumptions, such as
Chinese yard plans to build 270,000 cu.m LNG carrier
China’s Hudong-Zhonghua Shipyard is planning to build a 270,000 cu.m LNG carrier — the largest ever ship of this type, reports classification society DNV GL. DNV GL signed a joint development project
ABB to supply solutions for second Lindblad icegoing cruise ship
ABB is to supply power, automation, propulsion and digital systems for the second icegoing cruise ship to be built for Lindblad Expeditions by Ulstein (see earlier story). ABB will deliver a full