General News

Vinashin?s Dung Quat shipyard in the central province of Quang Ngai, Vietnam, is expected to complete its first oil tanker next year, having received strong financial commitments from foreign banks. The shipyard…

State-owned Shipping Corporation of India (SCI) received the government's nod to buy two VLCCs each costing $130 million. The 300,00DWT newbuildings have already been ordered from Daewoo (DSME) and are scheduled for…

South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) has won a contract to build four 3,200TEU container ships worth $249.6 million from German ship owner Hamburg Sud. Delivery of the 22 knot…

Swedish-based shipbuilder Kockums, a division of Germany's ThyssenKrupp Marine Systems, has signed a contract with Japan's Kawasaki Heavy Industries to deliver Stirling engines to Japan?s submarine program. The order follows several years…

Tomorrow, the Council of Ministers is expected to adopt formally two pieces of legislation that aim at combating ship-source pollution through a system of sanctions in case of intentional acts or serious…

Texas-based Exxon Mobil Corp. said it would replace its Alaska fleet of single-hull oil tankers with double-hull vessels. The US energy company will first buy and refurbish two ageing double-hull tankers now…

Dubai-based Gulf Energy Maritime (GEM) took delivery of the second of four vessels it has on order from Korean shipbuilder, Hyundai Heavy Industries, in a deal which has seen the tanker operator…

Mitsubishi Heavy Industries has developed a new low-speed marine diesel engine, the UEC50LSE, in cooperation with Wärtsilä Switzerland Ltd. MHI initially reached an agreement with Wärtsilä in November 2002 toward joint development…

Electronic Sensor Technology, Inc., has developed a new technique for screening cargo containers. To date, the most reliable way to search for illicit materials in cargo containers is by manual inspection and,…

Mitsubishi Heavy Industries (MHI) is bidding to buy Westinghouse Electric of the USA and has begun negotiations with the UK-based BNFL which owns Westinghouse. The two sides could reach a deal, estimated…

The largest container ship to date, the 9,200TEU MSC Pamela, was recently delivered by Samsung to Offen. Measuring 337 metres long, 46 metres wide and 24.6 metres draught, the newbuilding is powered…

Doosan Engine, a South Korean manufacturer of marine diesel engines, will establish an engine parts complex in China by 2008. The company plans to construct the complex on a 330,000 square metre…

The Hudong Heavy Machinery Company has launched a marine diesel engine joint venture in Shanghai with China State Shipbuilding Corp. (CSSC) and Mitsui Shipbuilding Co., (MSC) of Japan. The joint venture has…

Petroleos de Venezuela SA (PDVSA) has ordered two product tankers from a shipyard in Argentina at a cost of $120 million according to Norwegian shipbroker Fearnleys AS. The 75,000DWT tankers will be…

The new shipbuilding consortium Bulyard and Cyprus-registered Bulcon have signed a letter of intent for one 9,300DWT and one 42,000DWT general cargo ships worth $35 million. In May, Bulgarian shipping company Navigation…

South Korea will launch a 13,000 tonne large-deck landing ship as part of its naval force improvement programme. The amphibious ship, called LPX, was unveiled at Hanjin Heavy Industries shipyard in Busan…

DFDS has signed a 10-year time-charter deal with an option on a further three years for two ro-ro vessels with Macoma Shipping Ltd. The vessels will be built at the Jinling Shipyard…

The Indian Coast Guard has received a new patrol vessel, built at Goa Shipyard, named ?ICG Kasturba Gandhi? and is claimed to be the fastest of its type in the world. The…

The "floating city", one of the world's largest newbuilding projects, will be constructed in Isdemir Port in the Gulf of Iskenderun on the Eastern end of the Turkish Mediterranean coast, at a…

The first orders have been placed for platform supply vessels (PSVs) with Ulstein?s X-Bow design which was launched in April. Bourbon Offshore Norway has contracted for the construction of two Ulstein PX105s;…

Exmar, a leading operator of gas tankers, has confirmed an order for a 4th liquefied natural gas regasification vessel (LNGRV). The 150,900m3 vessel, to be delivered in the 1st quarter of 2008,…

Kongsberg Maritime has won orders, valued at approximately MNOK 100 (US$15.25 million), for automation and control systems for eight LNG carriers. The orders are for vessels to be built in South Korea…