The United States on Wednesday blacklisted 24 Chinese companies and targeted individuals it said were part of construction and military actions in the South China Sea, its first such sanctions move against Beijing over the disputed strategic waterway.The U.S. Commerce Department said the two dozen companies played a “role in helping the Chinese military construct and militarize the
South Korea's shipbuilding giant Hyundai Heavy Industries has secured an order to build two very large crude carriers for unnamed European shipowners.The value of the orders for two 300,000-ton VLCCs, which will be equipped with scrubbers to meet IMO emission regulations, is 200 billion South Korean Won ($162.5 million).The VLCCs will be 330 meters long, 60 meters wide, and 29.7 meters high.
A Chinese survey ship that had been involved in a month-long standoff with a Malaysian oil exploration vessel in the South China Sea has left Malaysia’s exclusive economic zone (EEZ), shipping data showed on Friday.Since mid-April, the Haiyang Dizhi 8 had been surveying in the EEZ
The Netherlands based Royal IHC said it has been awarded a contract to design and build a Jones Act compliant dredger for the North Carolina State Ports Authority (NCSPA) for deilivery in 2021.The water injection dredger will be built at a partner shipyard in the U.S.“The construction, procurement of the main components
South Korean shipbuilder Hyundai Heavy Industries has said it has won an order to build two crude oil carriers.In a brief statement on the Korea Exchange, Hyundai said the order was worth 149,8 billion South Korean Won, or $122,2 million.Hyundai Heavy Industries said it would build the two crude oil carriers for a European client. It did not provide further details on the client.
Metal Shark announced Monday its Bayou La Batre, Ala. shipyard has delivered its first newbuild, a 120’ x 35’ river towboat for Florida Marine Transporters, Inc. (FMT) of Mandeville, La.The four-decked, welded-steel, USCG Subchapter “M”-compliant towboat Stephanie Pasentine, which bears the distinction of being Louisiana-based Metal Shark’s first-ever steel newbuild and also its first inland
U.S. Coast Guard Commandant Adm. Karl Schultz outlined his vision for the service Thursday during the State of the Coast Guard Address in Charleston, highlighting the organization’s top initiatives, accomplishments over the past year, and challenges facing the service today and on the road ahead.
South Korea's military said on Tuesday it plans to expand the deployment of an anti-piracy unit now operating off the coast of Africa to the area around the Strait of Hormuz, after the United States pressed for help in guarding oil tankers.Attacks on oil tankers in the Strait of Hormuz off the coast of Iran last year prompted U.S.
South Korean shipbuilders are expected to maintain their status as the world’s top position in new orders this year, although they may fail to meet their annual order targets.South Korean shipbuilders have secured new orders totaling 7.12 million compensated gross tons to build a total of 168 ships through November, accounting for 36 percent of the total deals placed around the globe
A tugboat is partially sunk and leaking diesel after alliding with a bridge in North Carolina's Oregon Inlet, the U.S. Coast Guard said.All eight people aboard the tug Miss Bonnie reached shore safely without injury after the vessel struck the Old Bonner Bridge at 11:09 a.m. on Sunday.
All American Marine, Inc. (AAM) completed construction and launched an aluminum research and survey vessel for Duke University. The Duke University Marine Lab (DUML) is a hydrofoil-assisted catamaran from Teknicraft Design. Measuring 77 x 26.5 ft. the vessel is based on a pair of successful Teknicraft Design vessels AAM built for NOAA.
Taiwanese shipping line Evergreen has confirmed its plans to build a total of ten 23,000 TEU containerships.According to a stock exchange filing, the new vessels would be built at three shipyards in South Korea and China.According to the reports from the South China Morning Post, the enormous order will cost Evergreen anywhere between US$1.4 billion and US$1.6 billion.