Yang Ming (Liberia) Corp.

Japanese shipping company NYK Line and shipbuilder Japan Marine United Corporation (JMU) say they plan to introduce a new shipbuilding contract that guarantees propulsion performance in actual sea conditions, factoring in heavy sea states encountered by vessels at sea.Typically, shipbuilding contracts guarantee ship speed based on horsepower in calm sea conditions, without waves. Mutual confirmation then occurs during sea trials before the ship is delivered.However, as any mariner can attest, calm voyages without wind and waves are rare during commercial voyages, and stormy weather conditions are often encountered.

Canada will spend C$320 million ($238.56 million) to support its offshore oil industry in Newfoundland and Labrador, which has struggled as coronavirus pandemic travel restrictions reduced demand, the government said on Friday.The funds are intended to support jobs and to lower greenhouse gas emissions from crude production, and could be used for maintenance, upgrades and environmental services, Natural Resources Minister Seamus O'Regan said St. John's.The money falls short of requests from the industry, which wants to see a government stake in a major project, tax credits and investment incentives.

Shipbuilder MetalCraft Marine said it delivered two 34-foot high performance patrol RIBs to be used by the Mississippi Department of Natural Resources Police in the coastal bay areas and offshore checking on commercial and sport fishing compliance.Each boat is equipped with triple Suzuki 300-horsepower outboards, enabling the vessels to reach speeds up to 64 miles per hour.According to MetalCraft, the Interceptor hulls are noted for their "Soft Dry Ride", with a fine entry which easily parts the waves and makes the boat very quiet.The vessels feature a robust T-top and supporting structure, which is designed to ISO 12215 Category B, (12-17’ waves), the builder said.

Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville Harbor Construction Dredging, 47-Foot Contract C Cut-42 Project, the U.S.' largest dredging services provider announced Friday.Great Lakes said it expects the U.S. Army Corps of Engineers to award additional option work items on the contract by mid-2021 with a value of $11.5 million, resulting in a total contract award of $116.5 million.Dredging is scheduled to commence in the fourth quarter of 2020 with estimated completion of both base contract and all options in the second quarter of 2022.

Classification society RINA has announced the signing of a Memorandum of Understanding (MoU) with the Shanghai Merchant Ship Design & Research Institute (SDARI) to create an interface to the SDARI 3D Ship Model, marking another step toward 3D design verification.SDARI is a member of the China State Shipbuilding Corporation (CSSC) and is one of the largest and most prolific research and design institutes in China. Its services cover the full design life cycle from preliminary feasibility study, schematic design, basic design, detailed design, to production design.