Author: Importer

Iridium Satellite LLC, the global supplier of mobile satellite communication services, said that it had more than 114,000 subscribers as of 31 December 2004, a 22.5% increase from 2003.The company's revenue for…

Mazagon Dockyard Limited (MDL), the Indian Navy?s premier shipbuilding facility, is all set to create Indian shipbuilding history. The warship-building facility is aiming to launch two naval warships this year. While unwilling…

Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has been awarded contracts worth a total $630 million to build 11 container ships. HMD will build five vessels for Germany's NY, one…

Hanjin Heavy Industries won an order for four 5,100TEU container ships from a German ship owner for delivery by June 2008. Total contract price is $320 million.

Daewoo Shipbuilding & Marine Engineering (DSME) has won a $978 million order to build the world?s largest FPSO. The order was placed by Star Deep Water Petroleum, a Chevron Texaco subsidiary in…

TOTAL Lubmarine has developed a new cylinder lubricant specially designed for use with low-sulphur fuels. The lubricant, TALUSIA LS 40, has successfully completed in-service tests and is now approved by MAN B&W…

Fast attack naval craft T-84 was commissioned into the Indian Navy for operations in the coastal areas. The induction of the ship was in keeping with the Navy's policy to acquire high-speed…

Greenpeace and the Basel Action Network (BAN) condemned the special joint United Nations meeting on ship breaking as an utter failure today. The meeting was hijacked by the shipping industry interests throughout,…

Sembawang Shipyard, a subsidiary of SembCorp Marine, has signed a Letter of Intent with ConocoPhillips China to fabricate and integrate topsides for a new build FPSO vessel for a major oil development…

Errors between the design weight expected by ship owners and the real weight after construction can now be measured exactly through a new weighing system. R&D Management Section of Daewoo Shipbuilding announced…

Bureau Veritas (BV) has launched new rules for FPSOs which embody extensive recent experience with large floating structures and enhanced spectral fatigue analysis. BV's Rules for the Hull Structure of Production, Storage,…

Italian ferry operator Grandi Navi Veloci (GNV) has been granted the Fleet ComfortClass award by RINA, to certify the high level of comfort on board its whole fleet of cruise ferries. It…

The European Commission has approved a ?27 million scheme in Germany to provide innovation aid to shipbuilding. The scheme is the first of its kind to be approved after the entry into…

Scania, the Swedish engine builder, was awarded the Swedish Technology Award for its innovative approach to lowering both nitrogen oxide (NOx) and particulate (PM) emissions from its diesel engines. The technology involves…

Japanese shipbuilders received 58% fewer orders in January compared with the previous month as freight rates fell from last year's record highs. Orders for 21 vessels, totaling 1.1 million gt were placed,…

Italian ship builder Fincantieri is proposing to invest up to $52 million in a joint venture with Varna Shipyard, Bulgaria's main shipyard on the Black Sea. Fincantieri claims it could help the…

Hyundai Merchant Marine in South Korea will order four 8,600TEU and five 4,700TEU container ships. All nine vessels will be built by Hyundai Heavy Industries and Hyundai Samho Shipyard with the smaller…

Marine lubricants supplier TOTAL Lubmarine has updated and improved its well-known DIAGOMAR Plus marine lubricants analysis service by adding a new lubricants test and by making the reports faster to use and…

South Korean shipbuilders may see their earnings worsen further this year due to the rising price of steel plates and the strengthening won. Hyundai Heavy Industries posted $35.5 million in profit last…