General News

ABB Turbocharging of Switzerland is launching a new family of turbochargers, the A100 series, which is designed to offer pressure ratios up to 5.8:1 from a single-stage unit. The first in the…

The Carlyle Group, which describes itself as a global private equity firm, has acquired a 50% stake in Turkish shipbuilder TVK. TVK was founded in 2005 in the Kocaeli free trade zone…

MAN Diesel reports that AP Moeller - Maersk has ordered 18 × MAN B&W 6S80ME-C9 engines for a series of container ships. All of the engines will be built by HHI-EMD, Hyundai?s…

Japanese shipyards are reporting difficulties caused by delays in delivery of raw materials. Reports suggest that steel plate is being delayed by four weeks to some yards, though the average delay in…

Aker Yards has signed a contract with Island Offshore for the building of a well intervention vessel. This will be a near sister ship to the 'Island Wellserver', delivered from Aker Yards…

A consortium of Korean shipping companies has been formed to set up its own shiprepair facility. As Korean shipyards are fully booked with newbuilding orders, most ships have to go to China…

A ship, said to be the world?s largest LNG vessel, has been named at Samsung Heavy Industry?s (SHI) shipyard on Geoje Island, South Korea.The Lloyd's Register-classed vessel was ordered by the Qatar…

ABS and Polish Register of Shipping (PRS) have announced a multi-year, joint research and development program that will focus on ship dynamic stability in extreme wave conditions and the time variant reliability…

European Union regulators said recently that time was almost up for Poland to make changes to a government rescue package for three ailing shipyards. EU spokesman Jonathan Todd said the Polish government…

Hanjin Heavy Industries & Construction has clinched a contract worth 201.1 billion won ($ 194.4 million) from a European shipping company to build two bulk carriers for delivery by December 2010.