Author: Importer

Lockport-based Bollinger Shipyards in the US has won a contract for U.S. Coast Guard (USCG) patrol boats that could be worth as much as $1.5 billion. If fully exercised, it would be…

As part of its strategy to create a green ship product line, Kongsberg Maritime recently announced the acquisition of Metasystems AS. MetaSystems develops intelligent electronic applications in terms of software, sensors and…

UAE-based offshore rig building company, Maritime Industrial Services (MIS), is looking to boost its yard capacity through acquisition of land and existing smaller yards in the UAE, said a senior company official.The…

AP Moller Maersk subsidiary Safmarine has confirmed it has placed an order for four 18,000 dwt multi-purpose vessels with Wuhu Xinlian Shipyard in China. The deal includes an option for another four…

Turkey's Cicek Shipyard launched a new 25,000 dwt bulk carrier design at the SMM 2008 exhibition in Hamburg. The current handy-size bulk carrier fleet is now aging and Cicek believes that many…

Shipping companies are experiencing a tightening of lending conditions because of growing market uncertainty and a weakening of banks' ability to lend, senior officials have revealed. The ambitious building programmes announced around…

European engineers and researchers have developed a robot that is able to remove marine growth from a ship's hull. HISMAR, the Hull Identification System for Marine Autonomous Robotics, was developed under European…

Conflicting directions given by the financial authorities are creating confusion for bidders of Daewoo Shipbuilding & Marine Engineering (DSME). After Korea Development Bank (KDB), the main creditor of DSME, changed its stance…

Dalian Shipbuilding Industry, one of China's biggest shipyards, plans to boost production from this year's 3 million dwt to 10 million dwt by 2020. DSIC expects sales of 17 billion yuan this…

Reports are emerging that there are signs of a significant dispute between Norwegian Cruise Line and Aker Yards France, the shipyard that's building NCL's innovative new F3 series of ships. The dispute,…