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KDB on standby to save Hanjin Heavy

State-run Korea Development Bank is on standby once again to step in and save one of the nation’s shipbuilders.

ABB to power Iceland’s first electric ferry

New electric ferry to operate on an Icelandic route known for its harsh weather conditions will benefit

Hyundai Heavy Industries May Be Sole Bidder for DSME

Samsung Heavy Industries is not likely to compete with Hyundai Heavy Industries for rights to acquire Daewoo Shipbuilding and Marine Engineering

Next Generation of Z-Tech Tugs Arrive

At the end of 2018, Gulf Island Shipyards completed the first of ten Z-Tech 30-80 tugs, five of which were ordered by Bay Houston Towing Company

ONE Grus Delivered

Ocean Network Express Pte. Ltd. (ONE) has announced that ONE Grus, with a carrying capacity of 14,000 TEU

Concept Design for World’s First Pure-Electric Tanker Revealed

Asahi Tanker Co. and Exeno-Yamamizu Corporation Tokyo have developed a new domestic shipping tanker design which incorporates zero emission electric propulsion

Samsung Heavy 2018 net loss widens on fewer orders

South Korea’s major shipyard Samsung Heavy Industries Co. said that its net losses for 2018 grew 13.9 percent from a year

Danish hybrid ferry project appoints German drive specialist

German drive and automation specialist Baumüller has been commissioned by Danish shipyard Hvide Sand to develop hybrid propulsion

Fincantieri launches the ninth multipurpose frigate “Spartaco Schergat”

The launching ceremony of the “Spartaco Schergat” frigate, the ninth of a series of 10 FREMM vessels – Multi Mission European Frigates

NYK Takes Delivery of New Coal Carrier

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has taken delivery of a coal carrier

Seaspan Shipyards Awards JSS Contract to INDAL Technologies

Canadian shipbuilder Seaspan Shipyards has awarded Ontario-based INDAL Technologies Inc. a contract valued at almost $20M

SEACOR Marine Enters Agreement To Acquire Three Additional Platform Supply Vessels

SEACOR Marine Holdings Inc. announced it has entered into definitive agreements to acquire three platform supply vessels

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