Shipping industry needs ‘third-party verification’ that the alternative power cuts bunker costs by up to 60%, says International Windship Association official.
International Windship executive: Shipowners want proof of savings Read More »
US shipbuilder Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has announced that the National Security Cutter (NSC) Midgett (WMSL 757) has successfully completed acceptance trials. Midgett, the eighth NSC Ingalls has built for the U…
NSC Midgett Passes Acceptance Trials Read More »
The Liebherr Group notched up a company record turnover of $11.8 million in 2018, representing an increase of $828 million, or 7.5 %, compared with the previous year.Despite a slight decline in overall economic growth, revenues from construction machin…
Liebherr Turnover Tops $11 Billion Read More »
Finland based technology group Wärtsilä and South Korean shipbuilder Samsung Heavy Industries (SHI) will set out to develop more efficient solutions for liquefied natural gas (LNG) carriers and shuttle tanker vessels, under a new joint development…
Wärtsilä, Samsung Heavy Industries Partner Read More »
Meyer Turku Group reported a turnover of €969.7 million for 2018, up from €808.2 million the year prior. The Finnish shipbuilder, which recorded €29 million in profits for 2018, said its financial figures indicate a good, steady company growth.“We are …
Shipbuilding: Meyer Turku Growth Continues Read More »