rss icon Subscribe
desktop mobile

Shipbuilding

Marine News Boat of the Month: February 2018

GLDD Ellis Island.jpg

Ellis Island, largest hopper dredge in United States market built and delivered by Eastern Shipbuilding   In late November 2017, Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services,

Uljanik Floats Out Scenic Eclipse

(Photo: Uljanik Shipyard)

 Croatian shipbuilder Uljanik Shipyard said it has floated out a new polar discovery passenger ship for the Scenic group, on January 31, 2018.   The new 168-meter, 237-passenger luxury vessel, Scenic Eclipse, features Polar Class 6 COLD DI notation. It is the first vessel launched this year at Uljanik.

Fincantieri Lays Keel for Italy’s New Amphibious Unit

(Photo: Fincantieri)

A keel laying ceremony of the multipurpose amphibious unit (LHD or Landing Helicopter Dock) was held Tuesday at Fincantieri’s shipyard in Castellammare di Stabia, Italy, marking the beginning of the slipway works of the unit.   The new unit will be delivered in 2022 and it falls within the naval program of the maritime capability of Defense,

Two Damen ASD Tugs 2810 for Iskes Towing & Salvage

Damen ASD Tugs 2810. Photo: Damen

 Iskes Towage & Salvage, the leading maritime service provider based in the port of IJmuiden, Amsterdam, has taken delivery of two Damen ASD Tugs 2810.    The vessels were built at Damen Song Cam Shipyards, Vietnam, and delivered last year to Damen Shipyards Gorinchem, the Netherlands, as part of

Cruise Ships & Eco-Trends in Energy Transition

Hurtigruten's hybrid vessels. (Images Courtesy: Hurtigruten)

Around 360 cruise vessels are operating on the ocean today, transporting thousands of passengers to both new and established locations across the world. The Cruise Boom relishing the industry in recent years has driven growth and advancement with 93 new vessels now under construction showcasing the latest technology available today.

GTT Bags Order for Three LNG Carriers, One Bunkering Vessel

Mark III system's original design. Photo: GTT

 GTT announces it has received several orders, since the beginning of the year, for the equipment of three LNG Carriers (LNGCs) and one bunkering vessel.   The three LNGCs, offering capacities ranging from 174,000 to 180,000 m3, will be built at Samsung Heavy Industries (SHI) and Hyundai Samho Heavy Industries (HSHI)’s.

Philly Shipyard Order Backlog Touches USD 187.7 mln

Philly Shipyard aerial view Photo: Philly Shipyard

 As of 31 December 2017, Philly Shipyard had an order backlog of USD 187.7 million. The contract with Matson (Hulls 029-030) provides for shipbuilding activity with delivery dates through Q1 2019.   On 20 November 2017, Philly Shipyard delivered Hull 028, the final product tanker in the four-ship order for Philly Tankers,

Pardo 43 Makes its Debut

Pardo 43 (Photo: Pardo Yachts)

Pardo Yachts Debuts Pardo 43 at the Miami Yacht Show this week. PARDO 43 was designed for sophisticated owners who appreciate high quality, top design, luxurious and comfort. Performance and speed distinguish the new PARDO 43 thanks to a  careful study of hull shape and engineering.    Hull and Deck The PARDO 43 V hull,

Philly Shipyard's Q4 Net Income Rises to 31.5 Million

File Image: A U.S. flag tanker just after its launch circa 2013 at Aker's Philly Shipyard. (CREDIT Aker)

Reuters reports that the Q4 net income for the Philly Shipyard was up, compared to income of USD 19.3 Million in Q4 2016.   The firm also reports an order backlog of USD 187.7 Million at the end of 2017. EBITDA for Q4 2017 was reported at USD 40.4 miilion, as compared to Q4 EBITDA of USD 34.0 million, one year ago. 

Heesen Delivers VanTom

VanTom (Photo: Heesen)

VanTom, the sixth yacht in the popular 50 meter semi-displacement class designed by Frank Laupman at Omega Architects has been delivered. The delivery took place in international waters on February 14, 2018 after intensive tests in the rough winter waves of the North Sea. The sea trials took place on January 12 and 29 in Beaufort 4 and 6,

DNV GL Revises Stern Tube Bearing Class Notations

Propeller shaft system (Photo: DNV GL)

DNV GL has revised its class rules for single stern tube bearing installations and introduced two new class notations, “Shaft align(1)” and “Shaft align(2)”, to help customers better manage the risk of stern tube bearing failure. The new class notations can be assigned to both newbuilds and vessels

ClassNK Updates PrimeShip-HULL Software

ClassNK has just released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.5.0.0, developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT).   The new version incorporates the latest rule amendments to CSR BC & OT (Rule Change

Hedge Funds Hook Shipping Stocks Grappling for Recovery

Emerging recovery for segments of global shipping industry; Nordic American Tanker and Dryships Inc among popular stocks.   Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry.   Hedge

Huntington Ingalls Industries Q4 Revenue up 3.9%

HII’s Ingalls Shipbuilding division in Pascagoula, Miss., in June 2017 (Photo: Lance Davis/HII)

U.S. military shipbuilder Huntington Ingalls Industries reported fourth quarter 2017 revenues of $2 billion, up 3.9 percent from the fourth quarter of 2016.   Operating income in the quarter was $227 million and operating margin was 11.4 percent, compared to $268 million and 13.9 percent, respectively, in the fourth quarter of 2016.

Maritime Apps