Author: Importer

The Japanese are targeting offshore as a major future source of revenue. Nippon Yusen Kaisha has just announced the establishment of an Offshore Business Group under its Bulk Energy Transport division, starting…

Six government-owned shipyards will be sold in Croatia before 2009. The yards in question are Brodosplit in Split, Brodotrogir in Trogir, Kraljevica in Kraljevica, Maj in Rijeka, Uljanik in Pula and Viktor…

China International Marine Containers (CIMC) is picking up close to one third (29.9 %) of Yantai Raffles Shipyard Ltd. for $327 million, lower than the previously announced 566 million in March 2008.…

MOL-operated iron ore carrier Brasil Maru has been selected as the Ship of The Year for 2007 by Japan Society of Naval Architects and Ocean Engineers. The selection committee noted that the…

The world's largest and most environmentally adapted car and truck carrying ship, Aniara, was named today in Bremerhaven, Germany. Built at the Daewoo Shipbuilding and Marine Engineering yard in Korea, the 71,673…

Hanjin Heavy Industries has won a 215 billion won ($200 million) order to build two bulk carriers. The deal with a European shipping company calls for Hanjin Heavy to deliver the vessels…

The Authority for State Assets Recovery (AVAS) in Romania agreed to the association of the Mangalia Shipyard with German company Lurssen Lar Investment. The association is the last stage provided by the…

The FBMA Marine Inc. shipyard in Balamban, Cebu, Philippines, recently launched a 57-metre car and passenger high-speed vessel ordered by the government of New Caledonia, a French territory. President Neko Hnepeune of…

As part of the ongoing efficiency drive, Odense Steel Shipyard Ltd. A/S (Lind?)in Denmark has put Loksa Shipyard Ltd. in Estonia up for sale. Loksa Shipyard became part of the Odense Steel…

Tanker owner-operator AET, a wholly owned subsidiary of MISC Berhad in Malaysia, has ordered three 6,600 DWT oil/chemical tankers from Russia?s Okskaya Shipyard using BIMCO?s Newbuildcon standard newbuilding contract. The contract for…

The first vessels to be completed at Austal?s Tasmanian shipyard have commenced their 14 day delivery voyage to Hong Kong via the east coast of Australia onboard the heavy liftship "Pantanal"The two…

The activities of Gisan Shipyard in Tuzla district of Istanbul were suspended after three workers died in an accident. Labour & Social Security Ministry Istanbul Department's Commission decided to suspend the activities…

Todd Shipyards Corp., which provides repair work for US government ships, has won a five-year contract from the US Navy to overhaul and maintain four aircraft carriers in the Puget Sound. The…

Wartsila has received all relevant regulatory approvals in Norway for the acquisition of the ship design group Vik-Sandvik. The acquisition has now been closed for Vik-Sandvik?s Norwegian companies Vik-Sandvik AS, Vik-Sandvik Marine…

Rolls-Royce has strengthened its relationship with leading Middle East shipbuilder Abu Dhabi Ship Building (ADSB) though a new agreement which will further improve customer service for Kamewa waterjets in the Arabian Gulf…

Offshore drilling contractor Pride International Inc said it will spend about $745 million to build another ultra-deepwater drillship to expand its presence in deepwater drilling sector. The drillship will be built by…

Hanjin Heavy Industries & Construction, South Korea's seventh-largest shipbuilder, has won a 108 billion won ($99.9 million) order to build a bulk carrier. The deal with an unidentified Asian shipping company calls…

The U.S. Coast Guard (USCG) announced the beginning of enforcement of the requirements for owners and operators of large cargo vessels other than tankers, known as nontank vessels, to prepare and submit…

The government in India has decided to look for a joint venture (JV) partner from the private sector to bail out ailing state-owned shipbuilder Hooghly Dock and Port Engineers Ltd (HDPEL) and…

POSCO and Hyundai Heavy Industries officially expressed interest in acquiring a majority stake in world No. 3 shipyard Daewoo Shipbuilding & Marine Engineering estimated at up to $8 billion.The successful buyer could…