Investigators raid Damen Shipyards headquarters

JANUARY 17, 2017 — Agents of the Netherlands tax investigation service FIOD (Fiscal Information and Investigation Service) raided the Goinchem headquarters of Damen Shipyards on Friday. No arrests were made. The raid

Vard inks LOI for expedition cruise ship

JANUARY 16, 2016 — The market for expedition cruise ships continues to develop. Vard Holdings Limited says that it has signed a Letter of Intent (“LOI”) for the design and construction of

VIDEO: MV Werften picks ABB packages for five ships

JANUARY 10, 2017 — ABB is to supply the complete power, propulsion and automation packages for five cruise vessels being built by Genting Hong Kong brands Crystal Cruises and Star Cruises by

MV Werften cuts first steel for Crystal River Cruises duo

JANUARY 9, 2017 — German shipbuilder MV Werften’s Wismar shipyard today celebrated the cutting of the first piece of steel for Crystal River Cruises’ two additional Rhine Class luxury river yachts, Crystal

DHT finishes fixes to newbuild VLCC rudders

JANUARY 9, 2017 — Tanker operator DHT Holdings, Inc. (NYSE:DHT) reports that during a routine inspection of the first of a series of six 299,000 dwt newbuildings, the DHT Jaguar delivered in

Short jail term for former ST Marine president

JANUARY 6, 2017 — Singapore District Judge Kessler Soh Boon Leng yesterday imposed a jail sentence of 14 days on a former president of shipbuilder Singapore Technologies Marine (ST Marine), Chang Cheow

DryShips gets into gas carriers

JANUARY 5, 2017 — Athens headquartered DryShips Inc. (NASDAQ:DRYS) says it has agreed to enter into a “zero cost” option agreement with companies controlled by Chairman and CEO George Economou, to purchase

VIDEO: Vigor delivers catamaran research vessel

JANUARY 3, 2017 — The Sentinel, a new research vessel commissioned last month by California’s Department of Water Resources (DWR) is a state of the art replacement for the San Carlos, which

DDG 115 completes acceptance trials

DECEMBER 28, 2017 — Naval Sea Systems Command reports that the future USS Rafael Peralta (DDG 115) successfully completed acceptance trials December 16 after spending two days underway off the coast of

Navy takes delivery of LCS 10

DECEMBER 27, 2016 — Austal Limited (ASX:ASB) reports thatr the future USS Gabrielle Giffords (LCS 10) has been delivered to the United States Navy (USN) during a ceremony held aboard the ship

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