Author: Importer

Aker Yards has signed a Letter of Intent (LOI) with NCL Corporation (NCL) for building a high standard cruise vessel. The LOI, valid until the end of this month, also includes an…

Aker Brattvaag AS, a company in the Aker Yards Group, has signed a contract with Farstad Supply AS, for the building of two Offshore Supply Vessels. The total contract value is approximately…

Sasakura Engineering in Japan has developed and launched a range of oily water separators that fully complies with new IMO bilge water rules due to come into effect from 1 January 2005.…

The largest container ship ever to have been built in Japan was taken into service today as the ?P&O Nedlloyd Mondriaan?. With a length of 335 metres, a width of 42.80 metres…

POSCO will raise prices of its steel plates and hot-rolled coil to Japan by as much as 5,000 yen ($48) a tonne in the first quarter as demand from China pushes up…

Aker Brevik AS, a company in the Aker Yards Group, has been awarded a contract by Olympic Kombiskip KS, in Fosnavåg, Norway, to deliver a platform supply vessel of the UT 755LN…

Iran Shipping Lines (IRISL) ordered US$450 million of vessels from domestic yards in the country's biggest shipbuilding order. As the Middle East's biggest non-oil shipping company, IRISL ordered as many as ten…

Following the signing of a long-term time charter for two gas carriers with Yara, Kawasaki Kisen Kaisha ("K"Line) has ordered two 38,000 cubic metre, fully refrigerated ammonia/LPG carriers from Daewoo Shipbuilding &…

Labroy Shipbuilding and Engineering in Batam Island, Indonesia, a subsidiary of the Singapore-based Labroy Marine, has won a new shipbuilding contract worth $23.1 million from Norway's Belden Shipping Group. It is a…

Samsung Heavy Industries has developed a 12,000TEU container ship design which it is now actively marketing. As the largest container carrier to date, the vessel will have a length of 383m and…

Hamworthy has won orders and a letter of intent totalling £48 million ($92 million) to supply eight LNG reliquefaction systems to the first LNG carriers to use slow-speed diesel propulsion engines. The…

COSCO Hong Kong Group has placed an order for two 300,000 DWT bulk carriers with the Japanese shipbuilders Universal Shipbuilding and Sumitomo. The two newbuildings will be used to ship ore products…

Daewoo Shipbuilding and Marine Engineering (DSME), South Korea's most profitable shipbuilder, is planning to expand its global network through acquisitions. "We are considering boosting our overseas presence by acquiring small and medium…

Nippon Yusen Kaisha (NYK) is to build and operate two LNG carriers for use by Osaka Gas Company to import LNG, and has concluded a shipbuilding contract with Kawasaki Shipbuilding Corporation. The…

Aker Brevik, a part of Aker Yards ASA, has signed a contract to build six 18,000 m3 product-tankers with six Cyprus-based single purpose companies. The 15,000 DWT vessels are to be built…

ABS has signed a memorandum of agreement with the Prefectura Naval Argentina (PNA ? the Argentine Coast Guard) by which the classification society is now authorized to issue statutory certificates on behalf…

POSCO, South Korea's largest steel maker has agreed with the country's three largest shipbuilders, Hyundai, Daewoo and Samsung, to set up a joint study group for the development of steel products for…

Hong Kong oil trader, Titan Petrochemicals Group, has signed a one-year contract with China's Zhuhai Zhenrong that will give it access to 3 million metric tonnes of Iranian fuel oil, valued at…