Seabulk's new electric-hybrid tugboat Spartan was launched on November 1 at Master Boat Builders' Coden, Ala., shipyard.Scheduled to be delivered in January 2022, the Robert Allan Ltd.-designed vessel has overall length of 98 feet, beam of 43 feet and ...
Read more
In the Shipyard: Austal USA Opens Ship Repair Business in Mobile
Known best for its construction of U.S. Navy warships, Austal USA in September 2020 acquired waterfront property along the Mobile River and established a commercial ship repair facility. Mike Bell, Austal’s VP Operations and Harley Combs, Director, Aus...
Read more
Austal USA Picks Up the Lease on the Marine Group Boatworks’ Ship Repair Yard
Marine Group Boat Works (MBGW) transfered the lease of its National City facility to Austal USA. The deal is scheduled to close mid-December 2021. This announcement comes after a period of unprecedented growth for MGBW in its yacht, commercial and spec...
Read more
Serbia Restores Warship that Fired First Shots of World War One
Serbia has finally recalled to service as a floating museum a warship that fired the first shots that began World War One, following years of lobbying from navy ship enthusiasts who wanted it restored.The SMS Bodrog was one of two Austro-Hungarian…
Read more
SHI SVESSEL “Smart Ship” Design gets BV Cyber Secure AIP
Samsung Heavy Industries Co., Ltd (SHI) received an Approval in Principle (AiP) for an LNG carrier design under Bureau Veritas’ (BV) Cyber Managed Prepared notation. The certificate was delivered to the Hyun Joe Kim, Vice President of SHI, by Christoph...
Read more
Hapag-Lloyd Profit Soars 10-fold on Record Freight Rates
German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport capacity and rising transport volumes.The world's fifth biggest operator said…
Read more
Shooting the Messenger? Shipping Carries the Can as Investors Shun Coal
Shipping companies that transport the world's coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel.In a sign of investors taking...
Read more
Solstad Offshore Sells Platform Supplier
Norwegian offshore vessel owner Solstad Offshore is continuing with divestments of non-core vessels and has now sold the Rem Provider platform supply vessel.The vessel, built in 2007, was sold by Solstad Offshore's subsidiary Solstad Rederi…
Read more
Interview: Five Minutes with Susan Ludwig, President, Coast Guard Foundation
COVID has presented numerous challenges, particularly to the members of the U.S. Coast Guard. The Coast Guard Foundation has stood strong throughout to assist, as Susan Ludwig discussed with Maritime Reporter TV.Susan, when COVID effectively shut down ...
Read more
Report: Exxon, SBM Offshore in Talks to Build Fourth FPSO for Guyana
Exxon Mobil is in discussions with Dutch contractor SBM Offshore NV to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said.The talks include the potential for some future p...
Read more