General News

Honolulu-based naval architect Navatek has landed a $2 million contract from the US Navy to design a prototype ship to deliver heavy equipment onto beaches. Navatek's T-Craft design uses an amphibious transporter…

The government in Bulgaria is considering its strategy for the privatization of the ?Bulgarian Marine Fleet? shipping agency. The government already approved the first draft of the strategy in the beginning of…

Negotiation between Korean shipbuilder and Japanese steelmakers reached conclusion with Japan supplying thick steel plate to Korean shipbuilder at the level of $625 per ton, a $15 hike compared with current price.…

Abu Dhabi Ship Building (ADSB), the Arabian Gulf's only specialised naval warship builder, has delivered the first of four of the UAE Navy's latest 26-metre aluminium alloy Fast Supply Vessels (FSV).These multi-role…

Rolls-Royce has further strengthened its position in South America as a supplier of designs and equipment packages for offshore vessels with contracts for six platform supply vessels (PSV) worth around £45 million,…

Canadian billionaire Peter Munk and the Moscow-based bank Avangard are the most serious potential buyers for the Adriatic shipbuilding yard Bijela according to the president of the board of directors of the…

Media reports suggest that the Indian Navy is all set to float an international bid for the acquisition and construction of a second line of conventional submarines. The navy has already contracted…

Marine Works Co Ltd has signed a partnership with the Authority of King Abdulaziz Port in Damman to build the shipyard at a cost of $80 million. Intended for the fabrication of…

Quintana Maritime Limited, based in Athens, took delivery of the 82,300 dwt bulk carrier ?Iron Lindrew? from Japanese shipbuilder Tsuneishi. Together with four other vessels, ?Iron Lindrew? is employed under a master…