The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are pausing cover as the risk of attack from Yemen's Houthis on commercial vessels increases, industry sources said.The Iran-backed Houthis first launched aerial drone and missile strikes on the waterway in November.
The U.S. Department of Defense announced that Fincantieri Marinette Marine was awarded a contract valued at more than $1 billion to build the fifth and sixth Constellation-class Frigates for the U.S. Navy. FMM received the contract for the lead ship of the Constellation-Class in April 2020, and the Navy has since exercised five options for follow-on vessels.
Thordon Bearings has unveiled a new wireless propeller shaft bearing wear measurement system, marking a significant advancement in hull and propeller shaft condition monitoring.Developed in partnership with CSignum, a UK-based underwater communications specialist, Thordon’s Bearing Condition Monitoring – Wireless (BCM-W) system adopts patented electromagnetic field signaling (EMFS) technology to
BRIX Marine has announced the launch of its latest megayacht tender, the 11.8-meter T/T Kismet.This custom Naiad RHIB was designed for the tender garage on the 122-meter Kismet, recently launched by Lürssen. The 11.8-meter joins multiple other tenders in Kismet’s arsenal, and she stands out as a high-performance vessel that delivers a luxury experience from stem to stern.
Representing a breakthrough in the evolution of a ship’s propeller shaft line, Canada’s Thordon Bearings has unveiled the Thordon-Blue Ocean Stern Space (T-BOSS), a new solution designed to meet the propeller shaft requirements of the sterntubeless ship design proposed by the Blue Ocean Alliance.
Works began today on a new state-of-the-art production facility for capacity expansion for HamiltonJet, the New Zealand manufacturer of marine propulsion technology. This morning’s groundbreaking ceremony was held on site in Lunns Road, Christchurch.HamiltonJet has over 70 years of experience designing and manufacturing waterjet propulsion systems.
O3S – Oil Senegal Support Services, a homegrown Senegalese operator servicing the country's fledgling offshore energy sector, has ordered a new 36-meter fast supply vessel (FSV) from Singaporean shipbuilder Penguin International. Construction on the new FSV is expected to start later this year, with delivery of the new vessel expected to take place in 2025.
Silver Ships, a boatbuilder based in Theodore, Ala., announced the successful completion of reactivation and crew familiarization training for four Coastal Fast Response Boats (CFRBs) recently delivered to the Montenegrin Navy. The training, which spanned two weeks, concluded with a graduation ceremony attended by officials from the Montenegrin Navy, the Ministry of Defense, and the U.S. Embassy.
Bristol Harbor Group, Inc. (BHGI) has welcomed Brandon Foy, P.E. as a naval architect to its naval architecture and marine engineering firm.Foy holds a Master’s degree in Naval Architecture and Marine Engineering from the University of Michigan and a Bachelor’s degree in Naval Architecture and Marine Engineering from the Coast Guard Academy.
Mobile, Ala. shipbuilder Silver Ships announced it has delivered the first four coastal fast response boats (CFRB) under a contract award worth $6.12 million from the Naval Sea Systems Command.The vessels were designed and constructed as a part of the U.S. Navy Foreign Military Sale (FMS) program and will benefit the NATO Navy
engines, inc., a Jonesboro, Ark. based distributor of diesel engines and generator sets, has hired David Hughes as its new managing director. Hughes is an industry veteran with expertise in marine diesel product management, having most recently served as sales manager for marine products at Scania USA.