Author: Importer

China has overtaken Japan to become the world's second-biggest shipbuilding country in terms of orders according to a Hong-Kong based source. China received orders totaling 7 million cgt (compensated gross tonnes) last…

Royal Caribbean International (RCCL) has ordered a new generation cruise vessel from Aker Yards. The contract price is around ?900m ($1.08 billion), the most valuable ship ever ordered in the history of…

Fincantieri?s shipyard in Marghera (Venice) has delivered the cruise ship "Noordam", ordered by Holland America Line, a brand of Carnival Corporation, the world?s leading cruise operator.The newbuilding is the last of four…

The creditors of struggling shipyard Ladjedelnica Izola have backed a proposal to send the company into administration in order to bring it out of its debts. The measure was proposed by the…

KEPPEL Philippines Marine Inc said its Singaporean shareholder, Keppel Shipyard Ltd, has agreed to sell all its 584.97 million shares in Keppel Philippines to KS Investment Pte Ltd.KS Investment will end up…

The MAN B&W Diesel Group is launching a new four-stroke engine onto the market that not only burns both gas and MDO (Marine Diesel Oil), but can also run long-term on pure…

The San Diego-based NASSCO shipyard has received another order from the US Navy to build another T-AKE class logistic support supply vessel. This will be the ninth unit for the Navy and…

Ulstein Verft has signed a contract with Olympic Shipping in Fosnavåg, Norway, for a large P101 multipurpose platform supply vessel designed by Ulstein Design. The new vessel is hull number 278 at…

Rolls-Royce has unveiled the latest design in its family of coastal protection vessels at the Pacific 2006 exhibition in Sydney, Australia. Navies, coastguards and public agencies are increasingly interested in ships which…

Moscow-based Sovcomflot and Admiralty Shipyards have signed a contract for the construction of three 47,400 DWT product carriers which extends this series of product carriers to 9 vessels. The seventh and the…

The privately owned Indian shipbuilder ABG Shipyard has secured a contract worth $30 million for the construction of three 90 tonne bollard pull Anchor Handling Tugs from Lamnalco of Cyprus. The shipbuilder…

The Tasmanian fast ferry shipbuilder Incat hopes to expand its staff by several hundred following an approach by a European client and another for two 112-metre cats from a Japanese company, with…

GT North of England P&I club is warning shipowners to start preparing now for the introduction of stringent new international and national ballast regulations. The club has just published a detailed analysis…

Diana Shipping, the Athens-based transportation company specializing in dry bulk cargoes, has taken delivery of a new Panamax bulk carrier, the ?Coronis?, from Hudong-Zhonghua Shipbuilding in Shanghai China. The ?Coronis? is a…

Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers. The group,…

National Shipping Co. of Saudi Arabia is buying as many as 17 VLCCs and chemical tankers. The company plans a five-year acquisition program under which it will buy at least nine VLCCs…

Daewoo Mangalia Heavy Industries in Romania will pay the equivalent of 3.6 million euros for the takeover of Mangalia Shipyards from the Ministry of Economy and Commerce (MEC). According to a press…

"K" Line Bulk Shipping (UK) Ltd, the London-based regional headquarters company of Kawasaki Kisen Kaisha ("K" Line), has ordered a new-design bulk carrier from Oshima Shipbuilding. Developed by the Japanese shipbuilder, the…

STX Shipbuilding in South Korea launched a 51,000DWT product carrier for an Italian owner which was built using the skid launching system (SLS). Shipbuilding period of the product carrier was reduced from…

Guangzhou Wenchong Shipyard in China clinched two 1,700TEU container ships from Ownership Corporation in Germany. Ship price and delivery date were not disclosed. In a separate deal, NVA in Germany placed an…