OOCL Welcomes First of Six 24,000 TEU Megaships
Hong Kong-based container shipping line Orient Overseas Container Line (OOCL) has welcomed its first new ‘megaship’ with the naming ceremony of the
Hong Kong-based container shipping line Orient Overseas Container Line (OOCL) has welcomed its first new ‘megaship’ with the naming ceremony of the
South Korean shipping line HMM has placed a $1.2 billion order for nine 9,000 TEU capacity dual-fuel containerships powered by methanol. The shipbuilding
By Mircely Guanipa and Marianna Parraga PUNTO FIJO, Venezuela, Feb 13 (Reuters) – Venezuela will contract with an Iranian shipyard to build two
Italian shipping group Grimaldi has grown its newbuild orderbook with five additional “ammonia-ready” pure car and truck carriers (PCTCs) to be
Following up on yesterday’s news that Crowley and ESVAGT are moving forward with plans to construct a service operations vessel (SOV) for the U.S. wind
U.S.-based shipping company Crowley and Danish offshore services company ESVAGT have agreed to jointly build and operate a service operations vessel (SOV) for
Methanol is emerging as a promising alternative fuel that could help shipping meet its increasingly stringent emissions targets. When produced from non-fossil
By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the
Norwegian offshore services company Havfram has confirmed the start of construction on its first offshore wind turbine installation vessel at CIMC-Raffles in
By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as
By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as
Houston-based Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the U.S., has announced the launch of the
Master Boat Builders to CoMobile, Alabama-based Master Boat Builders will construct two new tugboats for Moran Towing Corporation. The tugs will mark the first
Danish offshore wind construction company Cadeler has placed an order to build a fourth state-of-the-art jack-up at COSCO Heavy Industries in Qidong, China.
ST PETERSBURG, Russia, Nov 22 (Reuters) – President Vladimir Putin on Tuesday touted Russia’s Arctic power at a flag-raising ceremony and
1,200 new jobs pledged as Harland & Wolff-led consortium is awarded a $1.9 billion Royal Navy contract LONDON, Nov 16 (Reuters) – Britain
Bollinger Shipyards announced Monday it has completed its acquisition of VT Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) from ST
With billions of dollars in new contracts why are US shipyard valuations hitting record
The transaction includes key U.S. Government programs, including the USCG Polar Security Cutter, U.S. Navy Auxiliary Personnel Lighters and a repair facility.
U.S. shipping company Matson has returned to Philly Shipyard with an order for three Jones Act containerships to join the two Aloha class sisterships already
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