Author: Importer

The world's largest container liner Maersk Line is backing slower steaming as a response to rising bunker costs. Slow steaming is an efficient way to reduce bunker consumption, lowering operational costs as…

Rem?y Shipping has signed a contract with Ulstein Verft for the building of two eco-friendly platform supply vessels (PSV) of Ulstein PX105 type designed by Ulstein Design with future oriented products and…

Hyundai Mipo Dockyard has won a 121 billion won ($117 million) deal to build two chemicals carriers for a European shipping company for delivery by December 2011.

The European Commission said on Thursday it is preparing to demand the repayment of Polish government aid to the Gdynia and Szczecin shipyards, while Warsaw signaled it needed more time to find…

Colombo Dockyard, Sri Lanka's sole listed ship builder, said its March quarter net profit went up 22.5% to 245 million rupees from 200 million rupees a year ago. Revenue rose 49.6% to…

Noreq AS, the Norwegian manufacturer and supplier of maritime deck equipment, has acquired the Bergen-based davit manufacturer Crevi Davit AS. The acquisition strengthens Noreq?s focus on the development of maritime equipment, particularly…

The Jan De Nul Group in Belgium has signed contracts with Tianjin Xinhe Shipbuilding Heavy Industry Co Ltd in Tianjin, China, for the construction of five work boats. The workboats are similar…

The KG Maritime Shipping consortium which has a 70% stake in Bulgarian national maritime carrier NMB, will add to the fleet 25 new vessels over the next decade, The initial talks will…

STX Shipbuilding in South Korea reports that it has succeeded in developing a 22,000 TEU containership making it the worlds largest of its type. The containership is 460m in length, 60m in…

Daewoo Engineering & Construction Co. has won a 277 billion won ($264 million) order from the Omani government to build a ship repair yard and dry dock complex in southeastern Oman. The…