Damen signs new tug contracts with Fairplay Towage and Louis Meyer

Damen Shipyards Group has concluded contracts that will see four new tugs delivered to Hamburg-headquartered Fairplay Towage. Three of the contracts were signed directly with Fairplay. The fourth was signed with another Hamburg operator, Neue Schleppdampfschiffsreederei Louis Meyer, which will long-term bareboat charter the vessel to Fairplay on its delivery.

Based on Damen’s practice of building vessels in series for stock, construction of the tugs had already commenced prior to the contract...

https://www.marinelog.com/inland-coastal/coastal/damen-signs-new-tug-contracts-with-fairplay-towage-and-louis-meyer/

Strategic Marine delivers two more fast crew boats to TMS

Singapore shipbuilder Strategic Marine has delivered two more fourth-generation fast crew boats (FCBs) to Thailand’s Truth Maritime Services (TMS), a member of Prima Marine Group.

This latest FCB delivery follows the successful handover of the first two generation-four FCBs, TMS Ranod and TMS Raman, in 2024. Since then, those vessels have been operating efficiently and meeting the needs of TMS’s clients. The addition of two more 42 meter vessels underscores the company’s commitment to fleet...

https://www.marinelog.com/offshore/strategic-marine-delivers-two-more-fast-crew-boats-to-tms/

Hanwha Ocean orders ME-GI engines for LNG carrier newbuilds

South Korean shipbuilder Hanwha Ocean has ordered four MAN B&W 5G70ME-GI Mk10.5 engines in connection with the construction of two 174,000 cubic meter LNG carriers for an undisclosed shipowner. Hanwha Engine Co. will build the engines in South Korea and the contract contains an option for engines for two additional vessels. Each engine will come integrated with MAN Energy Solutions’ proprietary EGRBP (Exhaust Gas Recirculation ByPass) system.

“It’s very satisfying to see our ME-GI engine orders...

https://www.marinelog.com/news/hanwha-ocean-orders-me-gi-engines-for-lng-carrier-newbuilds/

New leadership in place at Hanwha Philly Shipyard

Korea’s Hanwha Group formally completed its $100 million acquisition of what is now Hanwha Philly Shipyard on December 19, 2024. New leadership is now in place, with David Kim taking the role of CEO to guide the shipyard through the transition. Kim previously served as executive vice president for Hanwha Defense USA and played an instrumental role leading the planning for Hanwha’s acquisition of Philly Shipyard.

“Hanwha Philly Shipyard begins an exciting new chapter today,” said Kim. “We plan to...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/new-leadership-in-place-at-hanwha-philly-shipyard/

Strategic Marine books order for advanced survey vessel

Australia’s Odyssey Group has placed an order at Singapore shipbuilder Strategic Marine covering the construction of a 24-meter state-of-the-art multi-purpose survey vessel.

Tailored to meet Odyssey Group’s specific operational needs, the vessel will be equipped with the latest technology, including gyro-stabilization for improved vessel stability and operational capability, a moonpool will be provided for the launching and recovery of survey equipment and a reinforced aft deck to facilitate a...

https://www.marinelog.com/news/strategic-marine-books-order-for-advanced-survey-vessel/

VIDEO: RMK Marine launches Neoline Origin wind powered RO/RO

Turkish shipbuilder RMK Marine has now launched Neoline Origin, the primarily-wind powered RO/RO ordered at the shipyard by Nantes, France, based Neoline in January 2023 (see earlier story).

Neoline places order for its first wind-powered RO/RO

The 136 meter long Neoliner will offer 1,200 lane meters (2.8 meters wide) of RO/RO capacity (equivalent to 321 cars), or 265 TEU, for a maximum weight of 5,300 tons of goods.

Promising fuel reductions of up to 80%, Neoline Origin will use the same...

https://www.marinelog.com/news/video-rmk-marine-launches-neoline-origin-wind-powered-ro-ro/

Rolls-Royce powers world’s fastest offshore crew transfer vessels

crew transfer vessel

As we reported earlier, Singapore Shipbuilder Strategic Marine recently delivered the first of three 35-meter crew transfer vessels that will be used by a national oil company in Africa for personnel transfer to offshore platforms and FPSO vessels.

Strategic Marine delivers 50-knot SES crew transfer vessel

Sea trials demonstrate maximum speed exceeding 53 knots under operational load. The vessels are based on an SES (surface effect ship) design and each is powered by four 16-cylinder MTU Series...

https://www.marinelog.com/offshore/rolls-royce-powers-worlds-fastest-offshore-crew-transfer-vessels/

Op-Ed: The degradation and recovery of U.S. shipbuilding

By Ted Williams, President of Senesco Marine LLC

Global maritime supremacy has been a cornerstone of our national security for decades. However, today, we have not only lost this supremacy, we are not even close to being able to regain it if needed. We are a nation with almost 12,000 miles of coast line. A leading global power that requires our maritime military to not only defend, but also to mobilize and have a world-wide presence to ensure peace and stability is maintained. Commercially, we...

https://www.marinelog.com/views/op-ed-the-degradation-and-recovery-of-u-s-shipbuilding/

Armon picks Thordon COMPAC for Liberty Lines’ high-speed hybrid ferries

COMPAC bearings

Thordon Bearings has completed the delivery of COMPAC propeller shaft and SXL rudder bearings for the series of environmentally advanced high-speed ferries under construction at Spain’s Astilleros Armon for Italian operator Liberty Lines.

San Sebastian-based Echetalde, Thordon’s authorized distributor in Spain, delivered 18 seawater-lubricated COMPAC propeller shaft bearings and nine grease-free SXL rudder bearings to the shipyard for installation on nine hybrid ferries scheduled for delivery...

https://www.marinelog.com/passenger/ferries/armon-picks-thordon-compac-for-liberty-lines-high-speed-hybrid-ferries/

Conrad Industries reports a profitable third quarter

Morgan City, La.-headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD) has reported its third quarter and nine months ended September 30, 2024 financial results and backlog at September 30, 2024.

For the quarter ended September 30, 2024, Conrad had net income of $7.5 million and earnings per diluted share of $1.49 compared to net loss of $3.2 million and loss per diluted share of $0.63 during the third quarter of 2023. The Company had net income of $11.2 million and earnings per...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/conrad-industries-reports-a-profitable-third-quarter/