Author: Importer

South Korean shipbuilders are paying large royalties on a core foreign technology for manufacturing LNG carriers, causing a big reduction in their earnings. To build LNG carriers, most Korean and foreign shipbuilders…

China Shipping has won a new order for a 8,530TEU container ship with Hudong Zhonghua Shipbuilding in China for delivery on late 2008. Daehan Shipbuilding in South Korea clinched three 10,000DWT multi…

The option agreement Aker Yards and Tallink had for a large cruise ferry was recently confirmed and the 165 million euro vessel will be built at the Helsinki yard for delivery in…

The surge in liquefied natural gas (LNG) carrier newbuildings and the accompanying development of a new generation of these specialized ships has generated interest in alternative propulsion systems. These alternatives are addressed…

SMIT is taking another step in its strategy to expand its harbour towage activities by acquiring 50% of Rebocadores do Brasil S.A. (Rebras). Rebras already owns three 55 tonne bollard pull harbour…

ASL Marine headquartered in Singapore, has clinched new deals worth $24 million. The latest contracts are for the construction of three work barges and four rotor tugs to be delivered to customers…

Dutch bank ABN Amro's specific purpose company CDC in Brazil has signed a contract with Brazil's federal energy company Petrobras to build the topside of the P-53 FPSO. This FPSO will produce…

The revised and expanded Rules for Materials and Components of Germanischer Lloyd (GL) are now available. The Rules define the properties of various metallic materials and lay down the requirements for the…

NorseMerchant Ferries, recently acquired by Norfolkline, has introduced its latest Italian-built passenger/freight ferry onto the Irish Sea ahead of schedule. The ship in question is the 26,500 gt ropax ferry Mersey Viking,…

Norwegian-based IM Skaugen (IMS) has ordered the first four of a series of 10 specialized combination carriers capable of handling both LPG/Ethylene and organic chemicals. These newbuildings are planned to be built…