shipbuilding

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HHI management improvement plan gets green light

JULY 26, 2016 — The world’s largest shipbuilder, South Korea’s Hyundai Heavy Industries (HHI) reports that accountancy firm Samil PwC has told it that its 3.5 trillion won worth management improvement plan

Chesapeake delivers twelfth tug to Vane Brothers

JULY 21, 2016 — Chesapeake Shipbuilding Corp, Salisbury, MD, has delivered the Fort McHenry, the twelfth ocean going tugboat it has built for Vane Brothers of Baltimore, MD. Chesapeake Shipbuilding has five

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Rolls Royce wins polar cruise ship contract

JULY 18, 2016 — Norway’s Hurtigruten and Kleven have now converted a letter of intent that they signed back in April (see earlier story) into a firm contract. As a result, Rolls-Royce

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Stolt-Nielsen swoops on Jo Tankers

JULY 18, 2016 — Oslo-listed Stolt-Nielsen Limited says that is to acquire the chemical tanker operations of Jo Tankers. The transaction comprises 13 chemical tankers and a 50% share in a joint

Hercules Offshore sells jack-up for $3.16 million

JULY 12, 2016 —  Houston headquartered offshore drilling contracror Hercules Offshore, Inc. (OTC Pink: HEROQ) said yesterday that its subsidiary, Hercules International Drilling Ltd., entered into an agreement to sell the jack-up

Hyundai Heavy inks smart ship software MOU

JULY 6, 2016 — Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has signedof a Memorandum of Understanding for creating an eco system for smart ships with SK Shipping, Intel, Microsoft, the