HHI to build LNG fueled Aframax quartet for Sovcomflot

MARCH 19, 2017 — Hyundai Heavy Industries Co reports that its Hyundai Samho Heavy Industries shipbuilding subsidiary has won a $240 million order to build four 114,000 dwt Ice Class 1A LNG

DHT Holdings sells 2001-built VLCC

MARCH 17, 2017 — DHT Holdings, Inc. (NYSE:DHT) reports that it has entered into agreement to sell the DHT Ann, a 2001 built VLCC, for $24.8 million. The sale is in accordance

Horizon appoints new VP Business Development

MARCH 15, 2017 — John Hotz has joined Horizon Shipbuilding, Inc., Bayou La Batre, AL, as Vice President of Business Development. Mr. Hotz has worked within the Commercial and Government Marine Industry

Damen picks Dassault for digital transformation

MARCH 9, 2017 —Dassault Systèmes (Paris:DSY) says that Damen Shipyards Group has selected its 3DEXPERIENCE platform and its marine and offshore industry solution experiences to digitally transform its operations. The “Designed for

Wartsila in new JV with China State Shipbuilding

MARCH 7, 2017 — Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation

DHT sells its oldest VLCC

MARCH 7, 2017 — DHT Holdings, Inc. (NYSE:DHT) reports that it has entered into agreement to sell the DHT Phoenix, a VLCC delivered by Daewoo Shipbuilding and Marine Engineering in 1991, for

Ingalls christens National Security Cutter Kimball

MARCH 6, 2017 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division christened the seventh Legend-class National Security Cutter, Kimball (WMSL 756), Saturday, in a ceremony attended by around 1,000 guests. “We wouldn’t

Vard secures Norwegian ship maintenance contract

MARCH 6, 2017—Headquartered in Norway, Vard Holdings Limited (VARD) has secured a framework agreement valued at about NOK 48 million (about $6.84 million) for the maintenance of five Coast Guard vessels for

Cochran: FY2017 Navy shipbuilding appropriations bill agreed

MARCH 3, 2017 — U.S. Senator Thad Cochran (R-Miss.) said yesterday that an agreement on a final FY2017 Defense Appropriations Bill has been reached that would increase funding for new ships for

Fredriksen companies give DSME “trillion won” order

MARCH 2, 2017 — Daewoo Shipbuilding & Marine Engineering today announced that, on February 2, it had booked a shipbuilding contract worth a potential one trillion won (about $872 million) from unnamed

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