Harley orders two ATB tugs from Conrad Shipyard
JUNE 15, 2016 — Conrad Shipyard, Morgan City, LA has signed a contract with Harley Marine Services of Seattle, WA, to build two 4,560 HP ATB tugs. “It is always gratifying to
shipbuilding
HII makes VP appointment at Newport News
JUNE 14, 2016 — Huntington Ingalls Industries (NYSE:HII) reports that Michael Lempke has been appointed vice president of energy programs for its Newport News Shipbuilding division. He will succeed Pete Diakun, who
First National funds Nigeria shipyard offer
JUNE 14, 2016 — First National Partners of Atlanta, GA, structured and sourced financing for Fairway Offshore, a local Nigerian marine services provider, to make an offer to acquire from foreign ownership,
Otto Marine gets acquistion offer, wins shipbuilding contract
JUNE 9, 2016 — Yesterday, Singapore listed offshore services provider Otto Marine said that it had received an acquisition offer for its shares and would seek a voluntary delisting. Today, the news
Atlantic orders seven new OSVs at Chinese shipyard
JUNE 9, 2016 — Atlantic Navigation Holdings (Singapore) Limited has signed shipbuilding agreements with an undisclosed shipyard in China covering construction of five Maintenance/Work/Utility vessels and two Anchor-Handling Tug, Supply and Safety
Korea outlines shipping, shipbuilding restructuring plan
JUNE 9, 2016 — Following a ministerial meeting chaired by Deputy Prime Minister Hwang Woo-yea, the government of South Korea has announced restructuring plans for the shipping and shipbuilding industries and measures
Amendment to Puerto Rico bill threatens Jones Act
JUNE 8, 2016 — The U.S. marine industry is condemning a measure proposed by Rep. Gary Palmer (R-AL) that would exempt Puerto Rico from the Jones Act – which requires waterborne cargo
Hyundai Heavy unveils $3 billion restructuring plan
JUNE 8, 2016 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, today said that it will implement a management improvement plan by 2018. Worth 3.5 trillion won (over $3
Estonian shipyard books EUR 16 m patrol vessel order
JUNE 6, 2016 —Estonia’s Baltic Workboats AS has won an EUR 16 million contract to design and build an advanced new multifunction patrol vessel for Estonia’s Police and Border Guard Board. It
Eastern delivers Z-Tech escort tug
JUNE 3, 2016 — Delivered by Eastern Shipbuilding Group, Panama City, FL last month, the Zyana K is the second in a series of Robert Allan, Ltd. (RAL) designed Z-Tech 2400 class