Kotug Smit orders three more tugs from Damen
JUNE 15, 2017 – Damen Shipyards Group is to deliver three newbuild tugs to Kotug Smit Towage for its European harbor towage operations. The order is for two ASD Tugs 2913 and
shipyards
MARAD: $9.8 million available for Small Shipyard Grants
JUNE 2, 2017 — The U.S. Department of Transportation’s Maritime Administration (MARAD) last week announced the availability of $9.8 million in Federal funding to support capital improvements and employee training at small
Bollinger wins SCA Safety Award for twelfth year in a row
MAY 23, 2017 — Bollinger Shipyards was presented the 2016 “Award for Excellence in Safety” at the Shipbuilders Council of America (SCA) recent Annual General Membership Meeting in Washington, DC. This marks
Fincantieri signs STX France share purchase agreement
MAY 19, 2017 — Fincantieri S.p.A. reports that it has now signed today a share purchase agreement for the acquisition of 66.66% of the share capital of shipbuilder STX France from its
Senate committee passes 2018 Coast Guard reauthorization
MAY 19, 2017 — The Senate Committee on Commerce, Science and Transportation yesterday passed S. 1129, the 2018 Coast Guard reauthorization act by voice vote. Among other things it authorizes the Coast
Wartsila to power world’s largest expedition mega yacht
MAY 11, 2017 — Wärtsilä is to supply the main engines for the first Endeavor class expedition mega yacht that Genting Hong Kong is building for its Crystal Cruises unit at its
Euronav orders two at HHI, backed by seven-year charters
MAY 9, 2017 — Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN & Euronext: EURN) has signed two seven-year time charter contracts with Valero Energy Inc. for Suezmax vessels with specialised Ice Class
UAE bulk port orders Damen ASD 2913 tug
MAY 8, 2017 — Major Middle East bulk-handling port Saqr Port, UAE, has signed a contract with the Damen Shipyards Group for the delivery of an ASD 2913 tug. The vessel will
VIDEO: OSU picks Gulf Island to build research vessels
MAY 8, 2017 — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) reports that, through its subsidiary Gulf Island Shipyards, LLC, it has received a contingent notice of intent to award from Oregon State
VIDEO: Navy slows pace of frigate acquisition
MAY 4, 2017 — The Navy has slowed its frigate procurement timeline, and is now planning to awarding a detail design and construction contract in Fiscal Year 2020. In joint written testimony