Author: Importer

Wärtsilä will sell all of its holdings in Polar Kiinteistöt Oyj to the German real estate company IVG Immobilien AG. Wärtsilä has a direct holding in Polar of 14,473,438 shares representing 8.0…

ABS President Robert Somerville said that in the rare event of a tanker casualty it is likely to be the class society, rather than the operator, that finds itself in court, and…

Samsung Heavy Industries said it had won a massive order for LNG carriers from BG and RasGas. Three 145,000-cbm LNG carriers plus four more options from BG and two LNG carriers from…

Towage specialist Fairmount Marine has started a 9,700-mile tow of an offshore platform, Murphy Oil Front Runner SPAR, from Jebel Ali, United Arab Emirates, to Pascagoula, US. The 14,000 tonnes SPAR, with…

Japan?s Ministry of Land, Infrastructure and Transport says its shipbuilding companies have orders for 46 ships of 1.9 million GT for September this year. The volume is 165.7 percent more than that…

China?s Guangzhou Shipyard International has received an order for a 39,000dwt product carrier from Italian owner Solar Shipping. The ship will be delivered in January 2006. It will be 174m in length,…