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Monthly Archives: November 2019

HII Cuts Steel on USCG Cutter Calhoun

Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division started fabrication of the U.S. Coast Guard’s newest Legend-class national security cutter (NSC) Calhoun (WMSL 759) . The start of fabrication signifies that the first…
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ALMACO Staterooms for Carnival Elation

After completing a new stateroom project onboard Carnival Elation during a dry dock in 2017 -- part of the line’s Fun Ship 2.0 ship enhancement program - ALMACO was again tasked with to deliver 30 new staterooms during an upcoming refit at Grand…
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Southeast Asia Bullish on OFS Market

Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, said Rystad Energy.According to Norwegian energy research firm, the growth will be driven by a handful of new m...
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Austal USA Christens Latest Navy Ship

American, Australian-Domiciled global ship building company  Austal Limited said that its latest USA-made Navy vessel was officially christened during a ceremony Saturday at the company’s shipyard in Mobile, Alabama.The future USNS Newport, the Navy’s ...
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USCG Names Cutters After 9/11 Heroes

The U.S. Coast Guard (USCG) announced that two new Fast Response Cutters (FRCs) will be named in honor of Coast Guard reservists who served in the New York City Police Department and New York City Fire Department and lost their lives responding on 9/11...
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Hapag-Lloyd Expands Atlantic Loop 3

German international shipping and container transportation company Hapag-Lloyd AG announced that it is expanding fleet on Atlantic Loop 3 service between the US and Europe."Our Atlantic Loop 3 Service (AL3) fleet is growing with the addition of the 4…
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$154.5Mln EIB backing for Greek Port

The European Investment Bank (EIB) on Monday formally agreed to provide 140 million euros (USD $154.5 million) to support expansion and upgrading of Piraeus Port, Greece's main port.The largest ever loan for port investment in the country by Europe’s l...
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Massive Benefits in Reducing Ship Speeds

Cutting the speed of ships has huge benefits for humans, nature and the climate, according to a new report, a new report published by Seas at Risk and Transport & Environment (T&E) has highlighted.A 20% reduction would cut greenhouse gases but…
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Vale cuts Iron Ore Sales Outlook Range

Brazilian iron ore miner Vale on Monday said it now expects sales of iron ore and pellets to be between 307 million and 312 million tonnes in 2019, further reducing its full-year outlook as it grapples with the aftermath of a deadly dam burst.Vale has ...
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