Ray Bagley named NNS VP of Trade Operations

NOVEMBER 12, 2014 —  Huntington Ingalls Industries (NYSE:HII) says that Ray Bagley has been appointed vice president of trades operations at the company’s Newport News Shipbuilding division. Mr. Bagley, who will earn

Kinder Morgan buys two Crowley Jones Act tankers

NOVEMBER 5, 2014 — Kinder Morgan Energy Partners, L.P. (NYSE: KMP) continues to grow its Jones Act tanker fleet. The pipeline giant first got into this market at the end of last

Nerbovik now Aker Philly President and CEO

NOVEMBER 5, 2014 — Aker Philadelphia Shipyard ASA (Oslo: AKPS) today released  third quarter results (read them here) and reported that its Board of Directors has appointed Steinar Nerbovik as President and

MAN engines in Petrofacs newbuild to be SCR equipped

NOVEMBER 5, 2014 — The JSD 6000 deepwater derrick lay vessel ordered from Chinese shipbuilder ZPMC in January by Petrofac (see earlier story) will be powered by six MAN 16V32/44CR engines and

Fire forces Australian shipyard into administration

NOVEMBER 4, 2014 — Brisbane-based shipbuilder Aluminium Boats Australia Pty Ltd today announced that it had been placed into voluntary administration. John Park and Kelly Trenfield from global business advisory firm FTI

Red ink tide rises at Hyundai Heavy

OCTOBER 30, 3014 – The world’s largest shipbuilder, South Korea’s Hyundai Heavy Industries has reported a record quarterly operating loss of 1.93 trillion won ($1.83 billion). Though it expects to return to

Chinese shipyard to build world’s first CNG carrier

OCTOBER 28, 2014 — Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry Ltd. reports that it has signed a shipbuilding contract with CIMC ENRIC SJZ GAS that will see it build the world’s

HMD to install Clean Marine scrubbers in two tankers

OCTOBER 24, 2014 — Lysaker, Norway, headquartered Clean Marine AS  says it has been selected by South Korean shipbuilder Hyundai Mipo Dockyard to supply exhaust gas cleaning systems (scrubbers) for two new

Fredriksen swoops on Flex LNG

OCTOBER 24, 2014 — Billionaire John Fredriksen is poised to add Flex LNG to his empire. Geveran Trading Co Ltd, which is indirectly controlled by trusts established by John Fredriksen for the

Eastern Shipbuilding adds three more

OCTOBER 23, 2014 — Eastern Shipbuilding Group, Inc., Panama City, FL, has added three more vessels to its orderbook. In August, Suderman & Young Towing Company and Bay Houston Towing Company each

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