General News

Fears are being raised that Barrow shipyard in England could miss out on building sections of a giant new aircraft carrier. It was planned that Barrow, part of the BAE group, would…

Bharati Shipyard (BSL), India?s second-largest private sector ship-builder, is understood to have acquired the UK-based Swan Hunter Shipyard for an undisclosed amount."The entire machinery and equipment from Swan Hunter will be dismantled…

Tallink s newest passenger ferry "Star" was delivered from Aker Yards Helsinki yard today. The 110 million euro newbuilding will start regular crossings between Helsinki and Tallinn and will be capable of…

Hyundai Samho Heavy Industries in South Korea has secured an order for three PCTCs from a ship owner in Latin America. Total contract price is $270 million and deliveries will be completed…

Hitachi Zosen joins the family of licencees of Wärtsilä Corporation to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines. Hitachi Zosen was awarded a contract in March 2007 by Wärtsilä Corporation to build…

Yangzijiang Shipbuilding, one of the leading shipbuilders in China, is planning to raise up to $622 million through a listing on the Singapore Exchange. The Jiangsu-based shipbuilder is offering 993 million shares,…

Germany will fully support an EU free trade agreement (FTA) with Korea, as it will boost bilateral trade and investment between the two economies. "We will most probably see a swifter resolution…

The Craig Group?s biggest ever platform supply vessel has been launched in Spain. The Grampian Talisman represents an investment of £12 million by the global shipping and energy services company and will…

Sri Lanka?s Colombo Dockyard Limited (CDL) has secured a $36.6 million order for construction of two 89 metre, 250 passenger capacity ships for the Government of India. The significance of the award…

A total of 45 companies from across Europe have joined forces to push for the creation of a Joint Technology Initiative (JTI) for fuel cells and hydrogen technology. The companies, which include…