General News

Hyundai Heavy Industries and STX Shipbuilding reported third-quarter losses as surging steel prices increased production costs. Hyundai?s net loss was $30 million compared to a profit of $3.5 million a year earlier,…

An international research project, part funded by the EU's Fifth Framework Programme (FP5), has developed a computerised prediction system that can forewarn cruise ship pilots of the consequences of a particular manoeuvre…

The Spanish government has recently announced that Izar and Gas Natural had struck a deal to build an LNG carrier at La Naval shipyard in Sestao. If the project goes ahead, the…

After months of in-depth research, a team of independent consultants are allegedly to have concluded in a 46 page report that there is no future for commercial ship building at the Cammell…

Over 60 skilled staff at the Scotstoun and Govan yards could be axed before Christmas following a purge affecting engineering draughtsmen, combat systems engineers and programme planners. The move was condemned by…

SCHIFFKO GmbH, the Hamburg-based ship design and consultancy company, has been awarded the contract for comprehensive consultancy services to UASC, United Arab Shipping Company, for their procurement of 8 new jumbo-size container…

The Canadian government has awarded a $69.7 million contract to Victoria Shipyards Company, a West Coast shipbuilder, to build six vessels to be used for basic naval training and development of junior…

Turbomeca, part of snecma group, has developed the TM 1800, a gas turbine genset, which is designed for sea propulsion and electricity generation, railways applications, combined heat and power (CHP), emergency power…

STX Corporation, the Korean holding company for STX Shipbuilding and diesel engine manufacturer, said it bought 67% of Pan Ocean Shipping, one of the world's 10 largest bulk carrier shipping companies, for…

The big three Korean shipbuilders have secured a $3.5 billion order to build 8 LNG carriers which form part of the second phase (Qatar Liquefied Gas II) of a huge gas development…