General News

Power, a United Technologies Corp. company, has signed a contract for the development phase of a program with Spanish shipbuilder Navantia, S.A., to supply a 300kW proton exchange membrane (PEM) fuel cell…

The U.S. Navy plans to contribute up to $33 million to an Austal USA modular shipbuilding facility whose price tag could reach $200 million, Austal Ltd. said in a news release issued…

COSCO Shipyard Group, a major Chinese repair-yard, has constructed a new facility in Dongguan, Guangdong province. The facility will be utilized to build ships up to 100,000 dwt in addition to repair…

Yangzijiang Shipbuilding has won a $1.4 billion contract from China's Cosco Container Lines to build twenty 4,250 teu container ships. This includes options for four ships.The vessels are to be delivered between…

Samsung Heavy Industries has obtained new orders totaling $2.41 billion including a $1.15-billion deal to build two semi-submersible floating drilling rigs for an undisclosed Russian client for delivery in September 2010. In…

Aker Yards Germany in Wismar and Rostock-Warnemünde delivered the fourth container vessel in a series of five of the newly developed type Aker CS 2100 container ships for Conti Reederei in Munich.…

WWL's owners Wilh. Wilhelmsen ASA of Norway and Wallenius Lines of Sweden have ordered four of the world's largest ro-ro vessels from Mitsubishi Heavy Industries' (MHI) Nagasaki yard in Japan for delivery…

Rolls-Royce has won £72 million of further business on its largest ever offshore marine contract from Germany's Nordcapital Group, taking the total order value to £155 million. The company said it will…

Yangzijiang Shipbuilding based in Jiangyin, China, has signed a preliminary contract with Cosco Container Lines to build 20 vessels worth $1.36 billion. The ships are expected to be delivered between August 2011…

Kolkata-based Apeejay Shipping, (APJ Shipping), part of the Apeejay Surrendra group, has placed orders for three dry bulk carriers of 57,000 DWT from Cosco shipyard group of China at a total cost…