General News

Mitsubishu Heavy Industries (MHI) aims to promote further penetration of its UE engines into the Vietnamese shipbuilding industry, which is expected to grow rapidly amidst the current boom in international shipping. Nguyen…

Baoshan Iron and Steel Co. Ltd. (Baosteel), China's largest steel maker, will cut steel prices for the first quarter of 2006 in an effort to compete with domestic rivals. Baosteel is rumoured…

The jobs of hundreds of Scottish shipyard workers looked more secure today after it emerged that BAE Systems is set to grab the lion's share of a £3.5 billion carrier contract.It follows…

Callidus Technologies, the Tulsa-based combustion and environmental protection specialist, has purchased several systems utilizing two Servomex 1900 oxygen analyzers and a sampling system meeting the strict U.S. Coast Guard (USCG) requirements for…

Armaris, a 50-50 joint venture between Thales and the French state shipyard DCN, said it has been notified by European Union authorities that the first tranche of an 11 billion euro contract…

Further to our earlier report (see 15 November) that Danish shipowner Fabricius had placed its first shipbuilding contract with Vietnam?s shipbuilder Vinashin, further details have now emerged about the contract for a…

The Maritime States Development Council (MSDC) in India has decided to invite suggestions and recommendations for setting up of two international size shipyards - one on the east coast and another on…

Bharati Shipyard Limited, one of the largest private sector shipyards in India, has announced that it has completed the acquisition of M/s Pinky Shipyard Pvt Ltd. Following this, the company holds 51%…

Keppel Singmarine has clinched a contract worth $135 million to build six Anchor Handling Tug/Supply (AHTS) vessels for Gulfmark Offshore, Inc. Two of these six 10,700 bhp AHTS vessels of 2,700 dwt…

Alstom has closed the sale of its Power Conversion activity to Barclays Private Equity.Alstom Power Conversion specialises in the supply of systems and equipment which convert electrical energy into mechanical energy, such…