General News

Fuel testing agency Lintec Testing Services has warned that owners, operators and charterers should not be tempted as a result of financial pressures induced by the global credit crunch into using non-accredited…

Wärtsilä's long established presence in South Korea has been further strengthened with the inauguration of its new service centre and office in Eomgung, Busan. By opening these premises, Wärtsilä will be able…

Ricardo UK Ltd, a global technology and engineering consultancy, has been awarded a 26-month gas engine contract by the world's largest marine diesel engine builder, Hyundai Heavy Industries (HHI). Ricardo and the…

Up to 50 of 190 newbuilding orders at German shipyards may be cancelled due to the financial crisis, according to German media reports. The German shipyard association VSM claims that 25 orders…

Japan?s Mitsubishi Heavy Industries has postponed plans to return to cruise ship building. The announcement came as a major cruise liner operator, reported to be Carnival Corp, delayed orders on two vessels.…

South Korea's Daewoo Engineering & Construction Co. said that it has finalized a $610 million deal to build a shipyard in north-eastern Qatar. Under the deal with state-run Qatar Petroleum Co., Daewoo…

Larsen and Toubro Ltd (L&T), India's largest private sector engineering and construction firm, has deferred its entry into the commercial shipbuilding business and has also decided to scale back its investment for…

Carnival Corp. has sued Rolls-Royce for more than $100 million over allegations that Rolls-Royce marketed and sold defective propulsion systems for the Queen Mary 2.The system, known as the Mermaid pod propulsion…

Gulf Fleet Management has selected ABS Nautical Systems, LLC fleet management software as the foundation for its future operations. Opting for a near sweep of the Nautical Systems? NS 5 software suite,…

U.S. Congress is currently drafting the 2009 economic stimulus package, and 'The Green Marine Highway Initiative' is in contention for inclusion, as it will create over 20,000 new jobs in shipbuilding, steel…