General News

Having received the green light from the US Navy in October 2004 to proceed toward final manufacture of a 36.5MW ship propulsion motor, American Superconductor (AMSC) has continued to make excellent progress…

STX Shipbuilding has secured a newbuilding contract for four 62,000DWT product carriers and two 10,600DWT chemical tankers from a shipowner in Cyprus. The total value amounts to $252million and all six ships…

Rolls-Royce is providing its Kamewa waterjets for the US Navy?s X-Craft, an experimental ship due to be launched tomorrow. The high-speed aluminum catamaran X-Craft under construction at Nichols Brothers Boat Builders, Whidbey…

The Arab Shipbuilding and Repair Yard (ASRY) has been awarded a $4 million contract by the Kuwait Oil Tanker Company (KOTC) to build a new 35 metre service boat which will service…

Hyundai Mipo Dockyard has set up a subsidiary, Mipo Engineering, to undertake ship design as well as other activities such as technology test and inspection. Choi Kil Sun, president and CEO of…

Wärtsilä has signed a letter of intent with China Shipbuilding Industry Corporation (CSIC) to set up a 50/50 joint venture to manufacture marine auxiliary engines in China. The location of the new…

The former head of Matson Navigation Company, C. Bradley Mulholland, is involved in the launch of a new shipping company in the Hawaiian islands that will undercut shipping prices by 12%. He…

Kongsberg Maritime's first installed AutoChief C20 propulsion control system has successfully completed sea trials. The main engine remote control system received its stamp of approval from Hyundai in Korea on 26 January…

A from Monday, workers in Malta?s shipyard will work to rule. The General Workers Union (GWU) said that it ordered the dispute after the ultimatum it gave to the management to sign…

Chinese shipbuilders are having to incur a sharp increase in thick steel plate price. According to China Steel Industry association, the price per tonne of thick steel plate produced by Chinese steelmakers…