shipyards

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VCNO: Navy readiness at lowest level in years

FEBRUARY 8, 2017 — “It has become clear to me that the Navy’s overall readiness has reached its lowest level in many years,” Vice Chief of Naval Operations Admiral William F. Moran

Evoqua adds to BWMS partner network

FEBRUARY 8, 2017 — Evoqua Water Technologies reports that it SeaCure ballast water management system (BWMS) continues to build momentum in the marine market. The company has added Hong Kong based Hai

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Drewry: Chemical tanker oversupply to continue

FEBRUARY 1, 2017 — Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries from shipbuilders and swing tankers flooding the market. As a result, freight rates

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Profits down, Keppel closes three yards, mothballs two

JANUARY 26, 2017 — As part of a continuing painful “rightsizing,” Keppel Offshore & Marine is to close three Singapore shipyards and mothball two overseas yards. Parent Keppel Corporation Limited today reported

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Genting Hong Kong issues profit warning

JANUARY 24, 2017 — Genting Hong Kong has mostly been in the headlines lately as it unveiled ambitious plans to build new vessels for its various cruise brand at its newly created

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Investigators raid Damen Shipyards headquarters

JANUARY 17, 2017 — Agents of the Netherlands tax investigation service FIOD (Fiscal Information and Investigation Service) raided the Goinchem headquarters of Damen Shipyards on Friday. No arrests were made. The raid

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Foss Maritime completes CEO transition

JANUARY 12, 2017 — John Parrott assumed the role of President and CEO of Foss Maritime on January 1, 2017, after successfully completing a four-month transition announced last July. Parrott joined Foss