General News

The Faroese fishing company Hvalnes hf, which operates the pelagic vessels ?Christian ? Grótinum? and ?Nordborg?, has signed a contract for the largest and most expensive addition to the Faroese pelagic fleet…

If the Halifax lead team is selected to design and build joint supply vessels for the Canadian navy, it would mean sustained work for team members, an Irving spokeswoman said Monday. This…

Nepline Bhd in Selangor, Malaysia, is actively sourcing for suitable double-hulled tankers for acquisition in order to improve its revenue. The company?s overseas subsidiary, Nepline (Singapore) Pte, has sealed a $12 million…

Lockheed Martin has won a $198 million contract to build the third Littoral Combat Ship (LCS) for the U.S. Navy, the second LCS to be built by the Bethesda, Maryland-based firm. Virginia-based…

China Cosco Holdings Co, owner of China's second-largest container shipping line, has placed a $516.8 million order for eight new 5,100 teu container carriers. The shipbuilder is Jiangnan Shipyard, a unit of…

New small-bore engines from MAN B&WMAN B&W Diesel has introduced two new engines S35ME-B and S40ME-B, a new addition to its small-bore diesel engines, upgrading the 35MC and 42MC engines to top-of-the-line…

Frontline has ordered four VLCC newbuildings at Jignan Shipyard in China for delivery 2009 and onwards. Two of these originally newbuilding contracts have in the second quarter been sold to third party…

Aker Yards has entered into a contract with Farstad Shipping for the building of a construction vessel with a value of approximately $135 million.The vessel is a new UT-design from Rolls-Royce and…

The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium…

The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000…