General News

The Piraeus-based Aegean Marine Petroleum Network Inc., an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, has recently…

After investing over $1.6 billion in Subic Bay Freeport for a shipbuilding facility, Korea?s shipbuilder Hanjin Heavy Industries and Construction (HHIC) is investing another $1 billion in the state-owned Phivedec Industrial Estate…

Daewoo Shipbuilding Marine & Engineering Co. (DSME) has won a deal valued at $1.5 billion to build nine container vessels. The order from a European shipping company calls on DSME to deliver…

The government of Trinidad is currently looking into the establishment of a local shipbuilding industry. Minister in the Ministry of Finance Christine Sahadeo made the announcement and said that as part of…

Norwegian offshore engineering and construction contractor Acergy SA has signed an agreement with Havila Shipping for a new build diving support vessel (DSV) for Northern Europe operations which will join the Acergy…

Fincantieri?s Muggiano shipyard (La Spezia) has launched the "Sagar Nidhi" ("Pearl of the Oceans"), an oceanographic vessel ordered for the National Institute of Ocean Technology (NIOT), Madras. The 5,000-ton ship, whose aft…

French shipping company Louis Dreyfus Armateurs (LDA) has ordered a new roro ferry for its LD Lines subsidiary, which currently operates the services between the UK ports of Portsmouth and Newhaven and…

BP Shipping recently took delivery of the British Emerald, the world?s largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships. Built by Hyundai Heavy Industries…

Norwegian shipbuilder Aker Yards said in a recent statement that it was revising its 2007 earnings forecasts down as a result of challenges, mainly to do with ferry projects at its three…

The recent launch of Australian Incat yard?s 112-metre wave piercing catamaran set new milestones for high speed light craft (HSLC) shipping. The vessel, named the Natchan Rera, is the world?s largest diesel-powered…