Author: Importer

ABG Shipyard in India has entered into a technical collaboration with Friede & Goldman of the U.S. for manufacturing offshore oil rigs at Dahej in Gujarat. The agreement was signed in October…

Aegean Marine Petroleum in Greece signed a newbuilding contract for seven double hull bunkering tankers of 6200 dwt, with Qingdao Hyundai Shipbuilding Co. Ltd. in China. The shipyard is majority owned by…

The Italian company FVH is considering buying shares worth 5.2 million Euro in the Polish shipyard of Stocznia Gdansk and another stake will be acquired by Ukrainian Donbas.FVH operates in LNG sector…

The North of England P&I club has warned shipowners of the increasing risk of officers and crews suffering potentially fatal heat illness as global temperatures rise and ships work harder. In the…

Mumbai-based Varun Shipping said it will invest $445 million to expand its fleet of tankers, gas carriers and offshore vessels over the next 6-8 months, a senior official said.The company, which has…

Cosco has reported a 26% jump in its third quarter on strong contributions from its ship repair and marine engineering business. For the three months to September, it booked earnings of $46…

Kawasaki Kisen Kaisha, Ltd. ("K" Line) has taken delivery of the new 8000TEU container vessel ?Humber Bridge? at the Kure Shipyard of IHI Marine United. This is the largest containership ever built…

The Italian government is considering selling shares in Fincantieri, the country's largest shipbuilder, which may raise about 750 million euros ($951 million) as Prime Minister Romano Prodi divests government assets to cut…

Russia's state arms exporter and a French defense company signed a cooperation document during an international arms show in France. Rosoboronexport and DCN signed a letter of intent aimed at establishing and…