General News

The EU has chosen a research consortium coordinated by Wärtsilä to receive a EUR 1.0 million grant to develop the use of methanol-consuming fuel cells to provide electrical power to marine vessels.…

Daehan Shipbuilding Co, a South Korean shipbuilder, has won a $590 million order to build eight ships for a European company. Daehan, which is building a shipyard in the south-western part of…

U.N Ro-Ro, Istanbul, awarded contracts to Flensburger Schiffbau-Gesellschaft for two 3,735 lane metre RoRo vessels. The Turkish company has already ordered twelve vessels from Flensburger, of which ten have been delivered to…

Heung-A Shipping in South Korea placed an order for a 11,500DWT chemical tanker with a Japanese shipbuilder. Contract price is $29 million and delivery is January 2011. The shipping company also has…

The Shipyard Association of Cebu (SAC) has entered into a technical agreement with the Dutch shipbuilder Damen Shipyards, Gorinchem, to construct four double-hulled oil tankers for delivery by 2008.The partnership will allow…

The European Marine Equipment Council (EMEC), which represents more than 1,250 companies across Europe in the marine equipment sector, welcomes the draft EEuropean Parliament (EP TRAN) committee report from Luis de Grandes…

The revolutionary EPS thruster by Van der Velden Marine Systems has won the 2006 Dutch Maritime Innovation (DMI) award. This completed a successful year for the EPS thruster which was already well…

Uncertainty again hangs over Appledore Shipbuilders in England with the loss of a hoped-for £30 million order which has been awarded to a Norwegian shipbuilder and sparking a Transatlantic row.Following the loss…

The Philippine government intends to borrow $1 billion from the Japanese government to develop the shipping industry, Economic Planning Secretary Romulo Neri said recently. The loan would come next year from the…

A consortium trying to land a large shipbuilding contract in Halifax, Canada, is out of the running, a spokeswoman for one of the companies in the syndicate said. Irving official Mary Keith…

More than 100 new offshore drilling rigs and drill ships scheduled for delivery during the next few years will likely be late because of a backlog of shipyard work, said Mark Burns,…

BAE Systems, which recently received a Letter of Intent to provide two frigates for the Royal Malaysian Navy (RMN) via an industrial partnership with Labuan Shipyard & Engineering Sdn Bhd (LSE), believes…

The Greek shipping company Quintana Maritime has taken delivery of a Kamsarmax bulk carrier ?Coal Gypsy? from Tsuneishi Shipbuilding in Japan. The 82,300 dwt newbuilding is the ninth of fourteen Kamsarmax vessels…

Korea's shipbuilding exports will gain 6.1% every year on average for the next 10 years thanks to its technological edge and brisk market, said a London-based market research unit. Having posted an…

The Executive Board and Supervisory Board of Germanischer Lloyd (GL) advised their shareholders to reject the acquisition offer by Bureau Veritas (BV). It would neither meet the needs of the Society and…

Meyer Werft delivered the 93,500 gt cruise ship "Norwegian Pearl" to Miami-based Norwegian Cruise Line in the Dutch port of Eemshaven. The "Norwegian Pearl" is the third ship out of a series…

Heerema Marine Contractors (HMC) will be placing an order for the construction of a new crane vessel at an estimated cost of $1 billion. The strategy of HMC focuses on full field…

Converteam, an international company developing systems and customized solutions for the conversion of electrical energy, and the AC drives manufacturer Vacon have entered into a global cooperation agreement. Under the terms of…

Korea Line has ordered three Capesize bulk carriers from an unspecified shipbuilder at a total cost of about $200 million. Delivery is scheduled from 2010 to 2012.

Global Carriers Bhd in Malaysia has placed an order for two 7,000 DWT double hull clean petroleum product (CPP) tankers from China's Ningbo Dongfang Shipyard. The vessels, priced at $9.98 million, are…

The Michigan Natural Resources Commission has now put the idea of banning ballast water in the Great Lakes on the legislative table. One shipping industry representative says the toll such a ban…