Shipbuilding News
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Drydock and Ship Repair Yard Being Developed in Jamaica
Efforts are proceeding to open a new ship repair yard and maintenance operation in Kingston, Jamaica. Government officials and the project sponsors highlight Jamaica’s strategic position located near key routes serving the Caribbean, Central America, and ships using the Panama Canal. The yard is expected to provide good-paying jobs and…
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HD Hyundai Gets AIP for its Second-Gen Autonomous Nav System
Hyundai Heavy Industries’ autonomous navigation plans have moved ahead towards commercialization with approval in principle from the Korean Register (KR) and the Liberian Registry (LISCR). The newly-approved Hyundai Intelligent Navigation Assistant System (HiNAS 2.0), developed by HHI subsidiary Avikus, gathers data from sensors attached to the vessel and from its…
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St. Johns Shipbuilding Starts Next CTV for Atlantic Wind Transfers
On Friday, St. Johns Ship Building held a keel laying ceremony for its second crew transfer vessel (CTV) for Rhode Island-based Atlantic Wind Transfers (AWT). The Chartwell-designed aluminum catamaran can transport 24 people to and from offshore wind turbines for repair and service operations, and AWT has ordered a series of…
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Fincantieri Enters U.S. Wind Sector with Contract to Build Crest’s SOV
Fincantieri, through its U.S. subsidiary Fincantieri Marine Group, is entering U.S. offshore wind as part of the corporation’s effort to become “a prime mover in the offshore wind sector.” The shipbuilding group reached an agreement for a construction contract with Crest Wind, a joint venture between Crowley and Esvagt, to…
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MARAD Will Grant Nearly $20 Million to Small Shipyards in 2023
The Maritime Administration (MARAD) has opened the application period for its annual Small Shipyard Grant Program. Once again this year, the U.S. federal budget includes approximately $20 million in funding to be awarded in grants to help modernize small U.S. shipyards and train their workforce. This marks the fifteenth year…
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Diana Shipping Announces the Completion of Sale and Leaseback Transaction of mv DSI Andromeda
Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, Friday (Dec 23) announced that, through a separate wholly-owned subsidiary, it has completed the previously announced sale and leaseback agreement with an unaffiliated Japanese third party for the 2016-built Ultramax…
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Cory places order for two Damen Shoalbuster 2208 multi-purpose workboats
Cory, one of the UK’s leading waste management and recycling companies, has placed an order for two additional Damen Shoalbuster 2208S multi-purpose workboats to join its existing fleet The new vessels will join four Shoalbusters 2208S that Cory Group bought ten years ago to undertake the same role. They will…
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Robert Allan delivered the RApport 2600 tug Hayden Grace to Bay-Houston
Robert Allan Ltd. is pleased to announce that the RApport 2600 tug Hayden Grace was successfully delivered to Bay-Houston Towing Co. and started her commitments in Galveston, Texas in November. The newly completed RApport series tug was constructed at Master Boat Builders Inc. of Coden, Alabama. Three vessels of this…
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Sanmar’s delivery of the Boğaçay L to South American towage giant SAAM Towage
When a new design is created, it’s not easy to predict how successful it might be. But with the commissioning of the 50th tug in a series, Sanmar’s delivery of the Boğaçay L to South American towage giant SAAM Towage is further proof of the design’s real-world success. Now named…
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DSME and POSCO partner to develop new shipbuilding materials
The companies will develop new shipbuilding materials and welding technologies that can be applied to future vessels. South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has formed an alliance with steel-maker POSCO to develop new materials for shipbuilding, reported Yonhap News Agency. Under the partnership agreement, the duo will develop…
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