General News

Bergen Group has recently finalized the purchase of Fosen Holding, including Fosen Yards. The purchase price has been reduced from NKr 200 million to NKr 180 million. The total consideration is a…

Keppel Offshore & Marine Limited?s (Keppel O&M) has secured a S$181 million ($131million) contract to build a multi-purpose heavylift / pipelay vessel for Romanian drilling contractor, Grup Servicii Petroliere SA (GSP). To…

State-run Shipping Corp of India (SCI) will order four bulk carriers by August as part of its ongoing fleet expansion programme. The company already has ordered 28 ships costing $1.6 billion and…

Pascagoula-based VT Halter Marine is entering an expansion mode that should create about 200 jobs over the next five years. Two new $2 million cranes, each with a lifting capacity of 310…

GE Marine has announced that it is supplying LM2500-based propulsion systems for two new Royal Australian Navy (RAN) Landing Helicopter Dock (LHD) amphibious ships. The vessels are being built in Spain, at…

Ships sailing off the California coastline or calling at Californian ports will be compelled to use low sulphur fuel as from July next year. From July 2009, the maximum sulphur level in…

Paris-based classification society Bureau Veritas has entered an agreement with the Ministry of Transport of the Russian Federation delegating BV the authority to conduct statutory certification services and to issue certificates for…

Naval architect Guido Perla and Associates has announced that construction is now under way in China of the first of a series of 54 offshore support ships. The ships are to the…

Aker Yards of Norway is reported to be among the bidders for Poland's cash-stretched shipyards. The yards have been given a deadline, extended to 12 September, to come up with a privatisation…

Aker Yards has announced that the Ukraine authorities have approved the bid by Russian-controlled, Luxembourg based, investment group FLC West to acquire a 70% stake in three Aker Yards' shipyards - two…

ABB Turbocharging of Switzerland is launching a new family of turbochargers, the A100 series, which is designed to offer pressure ratios up to 5.8:1 from a single-stage unit. The first in the…

The Carlyle Group, which describes itself as a global private equity firm, has acquired a 50% stake in Turkish shipbuilder TVK. TVK was founded in 2005 in the Kocaeli free trade zone…

MAN Diesel reports that AP Moeller - Maersk has ordered 18 × MAN B&W 6S80ME-C9 engines for a series of container ships. All of the engines will be built by HHI-EMD, Hyundai?s…

Japanese shipyards are reporting difficulties caused by delays in delivery of raw materials. Reports suggest that steel plate is being delayed by four weeks to some yards, though the average delay in…

Aker Yards has signed a contract with Island Offshore for the building of a well intervention vessel. This will be a near sister ship to the 'Island Wellserver', delivered from Aker Yards…

A consortium of Korean shipping companies has been formed to set up its own shiprepair facility. As Korean shipyards are fully booked with newbuilding orders, most ships have to go to China…

A ship, said to be the world?s largest LNG vessel, has been named at Samsung Heavy Industry?s (SHI) shipyard on Geoje Island, South Korea.The Lloyd's Register-classed vessel was ordered by the Qatar…

ABS and Polish Register of Shipping (PRS) have announced a multi-year, joint research and development program that will focus on ship dynamic stability in extreme wave conditions and the time variant reliability…

European Union regulators said recently that time was almost up for Poland to make changes to a government rescue package for three ailing shipyards. EU spokesman Jonathan Todd said the Polish government…

Hanjin Heavy Industries & Construction has clinched a contract worth 201.1 billion won ($ 194.4 million) from a European shipping company to build two bulk carriers for delivery by December 2010.