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
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
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
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 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
Stockholm, Sweden, headquartered Climeon has received an additional order, worth EUR 1.5 million (about $1.7 million) from shipbuilder Fincantieri. It covers the supply of Climeon Heat Power modules for the fourth cruise
Wärtsilä Corporation has signed a joint development project agreement with South Korean shipbuilder Samsung Heavy Industries (SHI) aimed at finding a more efficient solution for LNG carriers and shuttle tankers. An important
Skudeneshavn, Norway, headquartered Solstad Offshore has signed a contract with Shell Brasil Petroleo Ltda (Shell) for the PSV Normand Starling, a 4,000 dwt STX PSV 08 CD delivered by the shipbuilder in
Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD) yesterday reported its 2018 results and backlog. The company had net income of $198,000 and earnings per diluted share of $0.04
Estonia’s Tallink Group has entered into a contract with Finnish shipbuilder Rauma Marine Constructions (RMC) covering the construction of a new LNG-fueled fast ferry for the Tallinn – Helsinki route shuttle operation.