General News

Wärtsilä has inaugurated its new, state-of-the-art production plant in Wuxi, China.The factory, Wärtsilä Propulsion (Wuxi) Co Ltd, is Wärtsilä's first wholly-owned production venture in China and is focusing on the manufacture of…

Over 30% of all vessels repaired by ASRY (the Arab Ship Building and Repair Yard Co in Bahrain) over the past few years have been in the 120m to 140m category. This…

The order for 12 LNG tankers for Teekay Shipping and the so-called J5 consortium of MOL, NYK, K Line, Mitsui and Iino, which we reported as "tentatively won" on 14 June, has…

P&O announced today that it has entered into an agreement to sell its entire 25% shareholding in Royal P&O Nedlloyd NV to two financial institutions acting on behalf of AP Moeller-Maersk, at…

Norfolkline, a leading North European multimodal short sea carrier and part of the AP Moller-Maersk Group, has announced its intention to acquire Norse Merchant Ferries, the Irish Sea ro-ro/ferry operator. Should the…

COSCO Corp (Singapore) Ltd?s 51%-owned subsidiary, COSCO Shipyard Group, has secured four high value contracts totaling US$20.5 million from Greek and Middle East oil tanker owners for double hull tanker conversions.The contracts…

On 21 January HMAS Armidale, first of a class of 12 patrol boats for the Royal Australian Navy, was officially commissioned at a ceremony in Darwin, Australia.The 56.8m, all-aluminium mono-hull, built by…

South Korea?s Daewoo Shipbuilding is today signing a contract for the construction and operation of a ship repair yard in Oman with Mr Ahmed Bin Abdulnabi Macki, of the Ministry of National…

PTC, the product development company, has supplied its shipbuilding solution programs to Wuchang Shipyard. This software, comprising of Windchill PDMLink, Windchill ProjectLink and CADDS(R) 5i, will be used as a production design…

Germanischer Lloyd (GL) has introduced a ?file access service (FAS), offering permanent storage of specified ship drawings according to USCG requirements for immediate access around the clock. The FAS serves as a…

Hyundai Heavy Industries's Engine & Machinery Division (EMD) contracted for the supply of sixteen sets of 7H21/32 diesel generating sets to be installed into four 3,500TEU container vessels ordered by German shipowner,…

KCI Konecranes will supply four shipboard gantry cranes (Konecranes-Munckloaders) to Oshima Shipyard in Japan to be installed onboard vessels ordered by Singaporean shipowner Masterbulk Pte. Ltd. The 55,000 DWT vessels will be…

Rodriquez Cantieri Navali do Brasil SpA, the Brazilian yard of the Rodriquez Group, launched the first of seven double-ended catamarans under construction for Barcas SA in Rio De Janeiro, Brazil. This catamaran…

The three 160 metre-long double-ended Super C Class ferries on order for BC Ferries at Flensburger Schiffbau Gesellschaft (FSG), Germany, will be powered by MaK engines. Scheduled for delivery between December 2007…

The German group ThyssenKrupp sees no reason to join further consolidation attempts of the European naval shipyard industry. "There is no reason at all to press forward with the further consolidation of…

Jurong Shipyard in Singapore, a subsidiary of SembCorp marine, has won a contract from Cyprus-based Seatankers, a John Fredriksen vehicle, worth $780 million to build two ultra-deepwater semi-submersible drilling rigs. The rigs…

South Korean shipbuilder Hyundai Mipo Dockyard has secured a $217.8 million order to build four chemical tankers from a company based in Dubai. The tankers, ordered by Gulf Navigation Group, will be…

Dubai Aluminium Company (Dubal), one of the world?s largest aluminium producers, has entered into a 10-year chartering agreement with Gearbulk for the world's largest liquid pitch supply vessel with deadweight of 15,000…

The Arab Shipbuilding and Repair Yard (Asry), in Bahrain, is going ahead with a $15 million expansion, entailing the construction of three new berths, each 140 metres long, and will greatly enhance…

Wilh. Wilhelmsen ASA (WW) has reached agreement on acquiring 90.4% of the shares in Norway?s Unitor group. This acquisition accords with WW?s strategy of developing its Wilhelmsen Maritime Services(WMS) subsidiary into a…

The MAN B&W Diesel Group and the China Shipbuilding Industry Corporation (CSIC) agreed upon comprehensive cooperation with regard to the development and production of large diesel engines. The frame agreement, which was…

Aker Yards has been awarded contracts to build four container vessels for König & Cie. GmbH und Co. KG in Hamburg. The vessels are of the type Aker CS 2700. The total…