The United States Federal Maritime Commission and the Department of Justice Antitrust Division on Monday agreed to boost cooperation and communication in their respective oversight and enforcement responsibilities of the ocean liner shipping industry.FMC Chairman Daniel Maffei and Acting Assistant Attorney General Richard Powers signed the first-ever interagency memorandum of understanding (MOU)
Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil.The FPSO P-79 project is worth overall approximately $2.3 billion. Saipem’s portion is approximately $1.3 billion.
Fincantieri signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) to support the Conceptual Design of the new class of aircraft carriers “CVX” for the Navy of the Republic of Korea (South Korea).The program relating to the first-in-class unit envisages the tender for the Basic Design starting from the second half of 2021
The U.S. Army Corps of Engineers (USACE) is evaluating remote operation of locks within the U.S. inland waterways system. Timetables are hazy, but the Corps plans to include remote operations capabilities during rehabilitations or new construction, in the work planned, for example, in the Upper Ohio Navigation Project, part of the USACE’s Pittsburgh District.
Lockport, La.-based Bollinger Shipyards has acquired Gulf Island Fabrication’s shipyard facilities in nearby Houma for approximately $28.6 million.The purchased site encompasses 437 acres on the west bank of the Houma Navigation Canal, of which 283 acres is unimproved land that is available for expansion.
There is an old adage that states that a repair yard can economically build new ships, but a new construction yard should never touch ship repair jobs. In my experience there is a lot of truth to that statement, and it does not mean that new construction yards are run by less capable people; it simply means that ship construction and ship repair and conversion are fundamentally different
U.S.-based Crowley and Danish shipping company ESVAGT are teaming up to build and operate purpose-built, Jones Act vessels to support the emerging U.S. offshore wind energy market.As the U.S. offshore wind industry continues to gain momentum at pace, a large number of Jones Act compliant vessels will be needed to build
America's largest military shipbuilder Huntington Ingalls Industries (HII) announced Friday that its board of directors has elected Kari Wilkinson to serve as executive vice president of HII and president of HII’s Ingalls Shipbuilding division, effective April 1. She will succeed Brian Cuccias, who announced that he will retire April 1.
“…We have built our reputation job by job, boat by boat, and tow by tow, and we intend to continue to do so.”The Great Lakes Towing Company (GLT) and the Great Lakes Shipyard are core businesses within The Great Lakes Group of Companies, based in Cleveland, on the Old River, a shipping channel that runs west from where the Cuyahoga River meets Lake Erie.
Fincantieri is teaming up with the Mexican government to open a new shipyard that will provide repair, conversions and maintenance cruise ships, large cargo vessels and oil and gas vessels.The Italian shipbuilding giant revealed Tuesday that it has signed a letter of intent (LoI) with the Ministry of Economic Development and Labor of the Yucatán State (Mexico) to participate in the design and
General Dynamics Corp was awarded a $9.47 billion contract for the construction of Columbia class submarines, moving the U.S. Navy's top procurement priority out of the early-construction phase, the Pentagon said on Thursday.The contract for the nuclear-powered ballistic missile submarines covers the move to full construction of the first ship in the class, the USS Columbia
Australia’s new, nearly completed icebreaker built at Damen's Galati shipyard in Romania is traveling to the Netherlands to undergo final commissioning and sea trials that had been delayed due to the coronavirus pandemic.The Nuyina is currently under a month-long tow from Romania to the Dutch port of Vlissingen