General News

Unithai Shipyard and Engineering Ltd signed a shipbuilding contract with NP Marine for a 150 TEU containership with delivery scheduled for the end of 2005. The vessel is designed to serve Thailand's…

Leading shipping accountant and business consultant Moore Stephens says theresults of a major survey into the operation of the UK Tonnage Tax schemeshow it to have been an overwhelming success. Owners who…

Carnival Corporation has signed a historic multi-billion-dollar cooperation agreement with Italian shipbuilder Fincantieri to construct four new cruise ships as well as significantly redesign the previously announced Queen Victoria for its Cunard…

The Indian government is proposing a new maritime policy incorporating ambitious plans for the shipbuilding and ship repairing industry. On the drawing board are plans for two international shipbuilding yards on the…

MAN B&W Diesel Group will, at SMM 2004, present a new software tool to support reliable engine room planning: The "3D Engine Viewer" provides CAD models of four-stroke engines in individual configuration.The…

A.P. Moller-Maersk placed an order for 10 container ships plus two more options with Hanjin Heavy Industries at a total cost of about $ 970 million.The contratc comprises of six 6,200TEU vessels…

MacGREGOR introduced transport solutions developed by Langh Ship at the International Steel Forum arranged by Metal Bulletin in Prague on 21 September. The three-day forum focused on topical issues within this field,…

Orient Overseas (International) Limited (OOIL), the Hong Kong based group that owns one of the world?s largest international container transport business which trades under the name OOCL, has placed an order with…

The National Shipping Company of Saudi Arabia (NSCSA) has placed an order with Hyundai Heavy Industries, the worlds? largest shipbuilder, for two VLCC tankers in response to increases in oil production which…

The panel block shop at Daewoo has been modernized with new machinery including automatic welding machines which has increased output by 25%, i.e. from 4.5 to 5.7 blocks daily. The modernization plan…

Bureaucrats in the EU are preparing to threaten a $16 billion-a-year business in the British defence industry under controversial plans to force national governments to open up their lucrative contracts to foreign…

The Islamic Republic of Iran Shipping Lines (IRISL) took delivery of the 2,188 TEU container vessel, Iran Bushehr, from domestic shipbuilder Iran Shipbuilding and Offshore Industries Complex Co. (ISOICO). The $188.5 million…

BC Ferries confirmed its controversial decision to award a contract to build three new Super C-class ferries to a German shipyard rather than elect to have the ships built in Canada. "These…

Korea Metal Worker?s Federation has decided to expel the workers union of Hyundai Heavy Industries. A statement from KMWF said that HHI?s labour union has not supported KMWF?s guideline and the Federation…

Italian shipping company MSC Crociere has confirmed that it is going ahead with an order for two 1,275 cabin cruise ships for delivery in June 2006 and spring 2007. Both vessels will…

Malaysian Merchant Marine (MMM) has entered into negotiations to form a joint venture (JV) with Iraqi Oil Tankers (IOTC) to operate as a bunker trading supplier in Umm Qasr in Basrah and…

The NMRI (National Maritime Research Institute) in Japan has developed a radical new sail propulsion system for commercial ships. In recent tests based on route calculations for a bulker carriers equipped with…

Korean shipbuilding industries will maintain its dominance until at least 2015 with a world market share of 40% according to Korea Institute For Industrial Economics & Trade (KIET) at the seminar held…

Hyundai Heavy Industries delivered a crank-shaft for a Wartsila 12RT-flex96C engine to Diesel United in Japan. The crankshaft will be installed in an 8,100TEU container ship to be built by IHI Marine…

The world?s three leading shipbuilders are reportedly about to secure multimillion-dollar orders to build 16 of the world's largest LNG carriers for Qatar. Daewoo Shipbuilding & Marine Engineering and a consortium formed…

The construction of warships will begin shortly at the Kochi Shipping Yard in India, said the Commander-in-Chief, Southern Naval Command (Kochi), Vice-Admiral S C S Bangara. Preliminary works for the production of…

Shipyards used to repair and convert existing vessels are set to become more efficient and environmentally friendly with the help of a grant of ?2,151,000 ($2.64 million) from the EU's Framework Programme.…

"It is incumbent on responsible flag states to lead the way in sharing information about ship inspections, vessel standards, conditions onboard, casualties and the implementation of their own safety regimes," said Clay…