The Commandant of the United States Coast Guard delivered his first State of the Coast Guard address Thursday at Coast Guard Base Los Angeles-Long Beach in San Pedro.Speaking from the largest port in the nation, Adm. Karl Schultz highlighted Coast Guard security and marine safety operations, which facilitate $4.6 trillion in annual economic activity.
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.
The U.S. Coast Guard is known for saving lives at sea, but did you know the service plays a huge role in the economy, too?As a regulatory entity, the Coast Guard conducts marine inspections on vessels entering United States ports to make sure the vessels do not pose a safety, security, or environmental threat to the country. With 90 percent of U.S.
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
Singapore's port authority has so far invested S$26 million ($19 million) into developing cleaner-burning liquefied natural gas (LNG) as a marine fuel at the city-state, the world's largest marine refueling hub, an executive at the port authority said."We've been working to develop LNG-bunkering in Singapore since about late-2015," said Alan Lim
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.
German Chancellor, Angela Merkel and Mecklenburg-Vorpommern’s Prime Minister, Manuela Schwesig were among those in attendance at a keel laying ceremony for the world’s largest polar-class expedition yacht held Tuesday in Germany.The ceremony marked a construction milestone for the 20,000 gross ton luxury expedition yacht Crystal Endeavor
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.