General News

Heung-A Shipping in South Korea placed an order for a 11,500DWT chemical tanker with a Japanese shipbuilder. Contract price is $29 million and delivery is January 2011. The shipping company also has…

The Shipyard Association of Cebu (SAC) has entered into a technical agreement with the Dutch shipbuilder Damen Shipyards, Gorinchem, to construct four double-hulled oil tankers for delivery by 2008.The partnership will allow…

The EU has chosen a research consortium coordinated by Wärtsilä to receive a EUR 1.0 million grant to develop the use of methanol-consuming fuel cells to provide electrical power to marine vessels.…

Daehan Shipbuilding Co, a South Korean shipbuilder, has won a $590 million order to build eight ships for a European company. Daehan, which is building a shipyard in the south-western part of…

The European Marine Equipment Council (EMEC), which represents more than 1,250 companies across Europe in the marine equipment sector, welcomes the draft EEuropean Parliament (EP TRAN) committee report from Luis de Grandes…

The revolutionary EPS thruster by Van der Velden Marine Systems has won the 2006 Dutch Maritime Innovation (DMI) award. This completed a successful year for the EPS thruster which was already well…

Uncertainty again hangs over Appledore Shipbuilders in England with the loss of a hoped-for £30 million order which has been awarded to a Norwegian shipbuilder and sparking a Transatlantic row.Following the loss…

The Philippine government intends to borrow $1 billion from the Japanese government to develop the shipping industry, Economic Planning Secretary Romulo Neri said recently. The loan would come next year from the…