Author: Importer

EU regulators cleared South Korea's shipbuilder STX Corp. to buy a 39% stake in Europe's largest shipbuilder, Aker Yards ASA. The EU dismissed initial worries that the deal might cause antitrust problems…

Keppel Fels has won a $512 million contract for an ultra-deepwater semi-submersible drilling rig from oil drilling major Ensco. The Ensco 8504 will be the fifth semi-submersible being built by the KepFels…

Practical research being undertaken by the container operator APL, a member of the Singapore-based Neptune Orient Lines (NOL), is being aided by the Propulsion Dynamics CASPER (Computerized Analysis of Ship PERformance) programme.…

The Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea (REMPEC) has become a role model for other centres for its work in combating and preventing pollution from ships, International Maritime…

The world?s largest cable maker, French-based Nexans, has formed a joint venture with the Mumbai-based Polycab Wires to make rubber cables. The venture will initially invest $37 million to make cables for…

Two of Italy?s specialist cruise shipyards are to join forces in a new alliance. Genoa-based shipbuilder T. Mariotti and next door neighbour San Giorgio del Porto, which specialises in repair and conversion,…

IMT Marine Consultants, a partner in the Offshore Ship Designers group, has been contracted to design a series of eight IMT 957 AHTS/Utility Vessels to be built at Qingao Qianjin Shipyard in…

Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Co. Ltd., has placed an order for two construction support vessels with Colombo Dockyard Limited for delivery in September…

Samsung Heavy Industries has won a $942 million deal to build a drill ship. The deal with Sweden-based Stena Line Co. calls on Samsung to deliver the vessel, used for deep-water oil…

Cosco Corp. Singapore Ltd. aims to draw one third of its business each from ship repairs and conversion, new shipbuilding and offshore marine engineering services. The three key businesses contribute S$653.1 million…