Florida-based Eastern Shipbuilding Group announced on Tuesday it has received a notice to proceed after winning a contract to design and build a new hopper dredge for the U.S. Army Corps of Engineers (USACE).The 6,000-cubic-yard-capacity diesel-electric dredge will be constructed at Eastern’s Allanton and Port St. Joe facilities and is scheduled for delivery in 2027, the builder said.
The IMO’s latest crunch meeting in early July may not have aligned global shipping with mid-century targets established in the 2015 Paris Agreement. However, its 2023 Strategy indicates a clear direction of travel. Energy supplies by sea are essential for many countries and therefore ships have a key role in supporting the world’s energy transition – not only on their own account
Space tourism company Space Perspective is converting an offshore support vessel (OSV) to function as the world’s first "marine spaceport". The Florida-based company in November 2022 announced it had acquired the 292-foot-long vessel from Edison Chouest Offshore as the first in its planned global fleet of converted spaceport vessels to support the mobile launch of its balloon-driven passenger
Much has changed since Marine News’ 2022 shipbuilding report published in March last year, and business opportunities in certain market segments continue to grow. But the shipyards that are looking to cash in are still facing many of the same challenges.For example, many American shipyards and their partners throughout the shipbuilding supply chain are still finding it difficult to attract and
The world's top passenger port is installing a network shore power systems for cruise ships that, once completed, will be the largest of its kind globally.PowerCon said it has been tapped as a subcontractor to deliver five systems that will supply shore power for cruise ships at PortMiami's V (Virgin), F (Carnival), A (Royal Caribbean), B (Norwegian Cruise Line) and MSC Cruise Line terminals.
The demand for warships is strong, and the Navy continues to receive support from the Congress to build more ships. The Navy is working to achieve a fleet of about 355 ships, plus a fleet of about 150 unmanned vesselsBut to achieve something close to that goal requires more than demand, and even more than money.
Eastern Shipbuilding Group, Inc. (ESG) on Thursday announced Joey D’Isernia has been appointed CEO and chairman of the board, succeeding company founder Brian D’Isernia, who is retiring after more than 46 years in the role.“We all stood on Brian’s shoulders as he built this company from the ground up.
Panama's vessel registry, the world's largest, has withdrawn its flag from 136 ships linked to Iran's state oil company in the last four years, the country's maritime authority said this week, pushing back against claims by an anti-nuclear group.Shipments of Iranian crude hit all-time highs in the last two months of 2022 and had a strong start this year, according to flow tracking firms.
When Hurricane Michael slammed the Florida Panhandle in October 2018, the deadly category 5 storm inflicted billions in damages to the region, tearing apart homes and businesses in its path. Among those severely impacted was Eastern Shipbuilding Group, which suffered a nearly direct hit at its Allanton shipyard
Norwegian Cruise Line must pay $110 million in damages for use of a port that Cuba's government confiscated in 1960, a U.S. judge ruled on Friday, a milestone for Cuban-Americans seeking compensation for Cold-War era asset seizures.The decision by U.S. District Judge Beth Bloom in Miami follows her March ruling that the use of the Havana Cruise Port Terminal constituted trafficking in
Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses.Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance clients on Jan. 1, giving them the first opportunity to scale back exposure since the war in Ukraine started
A Hong Kong registered tanker assisted in the rescue of two men adrift in a sailboat off the U.S. East Coast.On Sunday, watchstanders at the U.S. Coast Guard Fifth District command center were notified of an overdue sailing vessel, Atrevida II, which was sailing from Cape May, N.J. to Marathon, Fla.