General News

Multi-trade shipping line Safmarine, a subsidiary of the AP Moller-Maersk group, has recently named its second post-Panamax container vessel, the ?Safmarine Komati?, after the Komati river that runs through South Africa, Swaziland…

The European Commission has cleared German car maker Volkswagen?s proposed takeover of Scandinavian commercial vehicles maker Scania, in which VW bought a majority stake in March. Volkswagen took sole control of Scania…

The Polish Minister of the Economy Aleksander Grad has reportedly failed to convince the European Commissioner for Competition Neelie Kroes to accept a plan on the restructuring of the Polish shipyards in…

ABG Shipyard Ltd in India has secured an order worth Rs 127 crore ($30 million) from Marnavi Spa, Italy, for the construction of a 130 tonne bollard pull AHTS vessel with a…

Aker Yards has, through the media, been informed that the French government, after discussions with the company STX, intends to buy a total of 34% of the shares in Aker Yards France.…

Influential industry bodies including Intercargo and Intertanko have endorsed the Korean Register (KR) of Shipping?s initiative to raise quality standards throughout the industry at the class society?s European Committee meeting held in…

P&O Ferries has signed a Letter of Intent with Aker Yards to construct two new ships for the Dover-Calais service at a reported cost of 360 million Euros ($556 million). They will…

Norwegian naval architects Vik-Sandvik reports that Ultrapetrol Offshore has ordered two VS483 PSV Mk II vessels from Chinese shipyard Wison. The vessels will be 87.40m overall with a length between perpendiculars of…

Pelican Offshore Services Pte Ltd in Singapore (previously known as Penguin Boat International Limited), is to acquire four new anchor handlers scheduled for delivery between the fourth quarter of FY2009 and second…

Sevan Marine ASA in Norway has secured options to build six additional Sevan drilling units (or other Sevan units) with China?s COSCO shipyard group. Sevan is currently building the cylinder shaped ultra…