General News

Hanjin Heavy Industries aims to secure newbuilding contracts worth $2.7 billion and a turnover of $2.2 billion this year. The Busan-based shipbuilder targets operating profit of $70 million. The Korean shipbuilder said…

Pole Star Space Applications Limited, industry leader in maritime fleet tracking solutions, has launched its 2nd generation entry-level DSAS-L ship security alert system (SSAS). The solution is fully compliant with SOLAS XI-2/6,…

Simrad is launching a new Electronic Chart Display and Information System (ECDIS), the CS68 ECDIS, based on the marine dedicated MC50 computer. For the launch of its new CS68 ECDIS, Simrad is…

Jurong Shipyard, a subsidiary of SembCorp Marine has been awarded a $50 million contract from Houston-based Atlantia Offshore for the construction of a deep draught semi-submersible hull design for the Independence Hub…

The Contract requires the complete engineering, construction, outfitting and commissioning of a 8,000 tonne new-built hull into a self propelled, DP 2 heavy lift and pipelay vessel with accommodation for 330 persons,…

Aker Ostsee shipyards in Wismar and Rostock-Warnemünde, a subsidiary of Aker Yards, has been awarded a contract to build two plus two container vessels for Thien & Heyenga in Hamburg, Germany. The…

The US shipping company Matson Navigation has agreed to buy two more two 2,600 TEU container ships from Kvaerner Philadelphia Shipyard for a total of $290 million. Matson bought the first two…

Kawasaki Kisen Kaisha ("K" Line) has awarded a contract to Samsung Heavy Industries for two 153,200m3 LNG Carriers scheduled for delivery in 3rd and 4th quarter of 2008. These new vessels will…

Venezuela?s Foreign Minister has denied rumours that the current negotiations to purchase four oil tankers from Spanish shipbuilder Izar are part of an arms race. He explained that all negotiations conducted with…

Located at Portland Harbour on the English south coast, what has been declared as the most advanced bunkering facility in the UK commences service on the 10 March, offering shipping an important…