Author: Importer

South Korea plans to invest $3.4 billion over the next 10 years to nurture the nation's marine technology, the government said recently. A total of $3 to $4 billion will be spent…

Italian classification society RINA has launched a series of dedicated training courses for ship operators and shipyards, under the banner of the RINA Academy. Courses are currently available in the RINA head…

News that the US Navy's new destroyer/cruiser replacement ? DD(X) ? has been axed comes as a major blow to the Navy and to the US military in general. DD(X) has been…

The Dutch-based company Fugro has signed a long term charter agreement (with a purchase option per 2013) with E Forland Shipowners for a new-build ROV offshore construction and subsea support vessel. The…

Halul Offshore Service (HOSC), a leading Qatari offshore support services company, has signed a contract with a Singapore-based ship builder for the construction of four safety standby vessels at a cost of…

Following yesterdays announcement that China State Shipbuilding Corp. and China Shipbuilding Industry will be building 18 crude oil tankers for Petróleos de Venezuela (PDVSA), Venezuela has ordered another 24 new tankers to…

BAE Systems and VT Group have abandoned talks concerning a joint takeover of UK naval services group Babcock International, arguing that the surge in the company's share price meant it no longer…

A south Tyneside shipyard which faced extinction a year ago has doubled its workforce and bounced back to commercial success. In stark contrast to struggling Swan Hunter, which could close soon due…

Daewoo Shipbuilding in South Korea has won contracts for two LNG RVs and two LPG carriers valued at $730 million for delivery by July 2009. The two 150,900 cbm LNG RVs were…

Iran Shipbuilding & Offshore Industries Complex Co. (ISOICO) has managed to conclude an agreement worth $5 billion on the development of marine industries and shipbuilding with Venezuela. In addition, Iran, Venezuela and…