Japanese public multinational corporation Kawasaki Heavy Industries (KHI) has completed the construction of a new dock in northeast China, as the company streamlines costs amid competition from South Korean rivals.According to a press note from the manufacturer of ship and offshore structure
Mitsubishi Shipbuilding held a christening ceremony on February 21 for the next-generation LNG (liquefied natural gas) carrier currently under construction for Mitsui & Co., Ltd.The new ship, named Marvel Crane, is a design that significantly improves both LNG carrying capacity and fuel performance due to the adoption of efficient hull structure and hybrid propulsion system.
Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) has signed contracts for 36 newbuildngs worth a total contracts value of over RMB10bn (USD1.48bln).According to the state media Xinhua, the vessels will be built at a number of different yards under the CSSC umbrella and CSSC (Hong Kong) Shipping Company, will provide financing service to all 36 newbuildings.
SBM Offshore signed a contract Wednesday for a second hull in its planned series of Fast4Ward floating production, storage and offloading units (FPSO) with Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS).The order, which coincides with a keel laying ceremony for SBM's first Fast4Ward hull at the Shanghai shipyard, has been made before any engineering
Companies with workers repairing and refurbishing ship components utilizing sand blasting have become the subject of a new U.S. Department of Labor Occupational Safety and Health Administration (OSHA) standard.All employers and employees in the maritime industry need to be aware of the new requirements as OSHA continues efforts to protect workers from the hazards of exposure to breathable silica
Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three MEGI LNG carriers and two X-DF LNG carriers.According to a release from the shipping company, that owns and operates LNG carriers, and floating storage and regasification units
A pair of steel-cutting ceremonies held a week apart at separate Chinese shipyards initiated the construction of new workboats for Tianjin Port.Following the successful completion in 2015 of concurrent construction programs involving five vessels of three different designs, Canadian naval architecture firm Robert Allan Ltd.
Mississippi shipbuilder VT Halter Marine, Inc. said it has secured a new contract to build an articulated tug barge (ATB) tug with an option for a second vessel for Bouchard Transportation Co., Inc.Construction of the new vessel, M/V Evening Stroll, begins immediately at the builder’s Pascagoula, Miss. shipyard, with delivery scheduled for December 2019.
China earns cruise newbuild business, aims for ship financeWhile China has steadily built shipbuilding market share, cruise ship construction – more specifically mastering the logistical complexities inherent in cruise ship design, outfit and construction – has proved elusive. But it appears that Chinese shipbuilders have turned the corner, with contracts signed for the first cruise newbuilds.
SunStone Ships, Inc. announced it has finalized an agreement with shipbuilder China Merchants Industry Holdings Co. Ltd. to build a third Infinity class expedition cruise vessel, to be named Ocean Victory. The newbuild is scheduled to be delivered in March 2021.SunStone’s President & CEO, Niels-Erik Lund, commented, “We are pleased with the rapid adoption of the Infinity-class vessels.
The third generation of the Bouchard family continues within the family business as Buster’s sons Morton S. Bouchard Jr. and Frederick E. Bouchard join the company as Dispatchers in 1955. It was also during this time that Bouchard Transportation Co. furthered the tugboat side of its business with the construction of the Evening Star.
In 2017, Bouchard Transportation Co. announced its construction plans for ATB unit M/V Evening Breeze and B. No. 252, which is the sister to ATB unit M/V Evening Star & B. No. 250. These Jones Act vessels will include the newest modifications to the Intercon and pin system, and the most technologically advanced equipment in various spaces that are designed to reduce total emissions.