Author: Importer

Following two years of acrimonious negotiations and legal challenges, the Australian federal government and the Swedish submarine designer Kockums have resolved to settle all outstanding disputes involving the Collins-class submarines. This breakthrough…

The fourth Ro-Ro vessel in DFDS's current order of six new ships from German shipbuilder Flensburg Shipyard was named the Tor Begonia. The newbuilding which, according to the plan, will be delivered…

In April 2004, Wärtsilä signed a co-operation agreement with a maritime training academy in Turku, Finland, AB Utbildning Sydväst (Sydväst Maritime). Through this agreement Wärtsilä Land and Sea Academy (WLSA) provides accredited…

Daewoo Shipbuilding in South Korea claims it will achieve $17 billion turnover and $2.5 billion in operating profit by 2015. Jung Seong Leep, executive president & CEO of the shipbuilder, said that…

In the first quarter of the year, Hyundai Heavy Industries (HHI) posted $1.8 billion in sales, a 12% increase from the same period last year while it achieved $17 million. This is…

Germany's shipbuilding sector is facing a major restructuring in the wake of plans proposed by the ThyssenKrupp group to merge its shipyard business with that of US company One Equity Partners (OEP).…

Leading fuel testing agency Lintec saw 13.7% of all samples it tested exceed at least one parameter requirement in 2003. This represents a 4.5% increase in off-spec results over 2002. And Lintec…

Busan city in South Korea has officially received a request from Hanjin Heavy Industries to secure 1.22million ?u space near Busan new port. When the shipbuilder moves to its new location, the…

Norcontrol IT has been awarded a major new VTS installation contract by the Swedish Maritime Administration to supply extensive upgrades to the Swedish West coast VTS, including replacement of the existing Norcontrol…

Nakashima Propeller in Japan has revealed details of an electric propulsion system it has developed known as the NAP or Nakashima Advanced Pop-Propeller. The NAP comprises of a vertically positioned fixed speed…