Lockheed Martin and DSME team on corvette size MCS

MAY 2, 2016 —  Lockheed Martin (NYSE: LMT) and Daewoo Shipbuilding & Marine Engineering (DSME) have signed a teaming agreement to partner on the Multi-mission Combat Ship (MCS), which is based on

Schottel products benefit from new gearbox technology

APRIL 29, 2016 — Schottel has developed a new HTG (high-torque gears) gearbox that it describes as “a highly-efficient, robust and reliable gearbox with an ideal gearing geometry.” It has low maintenance

Korea seeks stronger shipyard “self rescue” moves

APRIL 26, 2016 — As the Korean Government’s Financial Services Commission announced its plans for  restructuring vulnerable industries, including shipbuilding, Hyundai Heavy Industries (HHI), reported that, after nine consecutive red-ink quarters, it

NASSCO christens Kinder Morgan LNG-ready tanker

APRIL 25, 2016 — General Dynamics NASSCO hosted a christening ceremony at its San Diego, CA, shipyard Saturday for the second ECO Class Jones Act tanker under construction for Kinder Morgan subsidiary

Cathelco winning watermaker orders worldwide

APRIL 25, 2016 — Chesterfield, U.K., based Cathelco reports that its desalination division is continuing to win orders worldwide for its range of space saving watermakers. These include the first Cathelco desalinators

Algoma duo to have MacGregor self-unloading systems

APRIL 25, 2016 — Cargotec subsidiary MacGregor has received an order for gravity self-unloading systems for two 29,800 dwt bulk carriers (lakers) from China’s Jiangsu Yangzijiang Shipbuilding Co. Ltd.. The vessels will

VIDEO: NNS completes 965 ton CVN 79 superlift

APRIL 23, 216 — Huntington Ingalls Industries (NYSE:HII) has released video showing its Newport News Shipbuilding division placing a 965-ton structure dry dock using the shipyard’s 1,050-t gantry crane, continuing the construction

AWO members barge in on Congress

APRIL 22, 2016 — Members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, called on Congress on Wednesday during AWO’s annual Barge-In event. More

Wartsila to eliminate 550 jobs

APRIL 21, 2016 — With market conditions weakening in its equipment businesses and a marine market outlook that continues to be challenging, Wärtsilä says it plans to realign its organization, operations and

Milaha takes delivery of Qatar’s largest lift boat

APRIL 20, 2016 – Milaha (Qatar Navigation) has taken delivery of a new lift boat that will be deployed offshore, particularly in support of field maintenance efforts. Named Milaha Explorer, the newbuild

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