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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

Yang Ming takes options on four 11,000 teu boxships, eyes an additional four

Taiwanese line Yang Ming Marine Transport has excised an option with Japanese owner Shoei Kisen Kaisha for the charter of additional four 11,000 teu

ExxonMobil Signs LNG Tie-up Pact with Uniper

German utility Uniper SE signed a Heads of Agreement (HOA) with ExxonMobil Gas Marketing Europe Limited

Driftwood LNG export terminal gets environmental ‘green light’

The Driftwood LNG export terminal project proposed for near Lake Charles, Louisiana, has been given the environmental green light

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

Hapag-Lloyd declares general average on burnt Yantian Express

Hapag-Lloyd has declared general average on its burnt-out 7,500 teu boxship, Yantian Express.

DOF Subsea to support FPSO work in Malaysia

Malaysia-based Yinson Energy has awarded DOF Subsea a contract to provide transportation and installation services

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

MSC secures US$439 million financing to install scrubbers

Geneva-based shipping giant Mediterranean Shipping Company SA (MSC) has secured financing of US$439 million

MOL-operated Car Carrier Grand Orion Makes 1st Call at Port of Sihanoukville, Cambodia

Mitsui O.S.K. Lines, Ltd. yesterday announced that on January 23, the MOL-operated car carrier Grand Orion

Kongsberg unveils advanced FF simulator improving maritime safety training

Kongsberg Digital has unveiled an innovative new simulator solution for training officers and crew in advanced firefighting

Destroyer Honors Navy SEAL Who Threw Himself on Grenade

The U.S. Navy’s second Zumwalt-class destroyer, USS Michael Monsoor (DDG 1001), was commissioned on January 26 at Naval Air Station North Island, California.

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