News

Gulf capital is behind the consortium which bought two of Poland's three historic shipyards this week, Polish Prime Minister Donald Tusk indicated Saturday. "There is a specific fund which represents the interests…

The Maltese government has asked bidders who submitted offers for the four business units comprising the Malta Shipyards to reconsider the financial portions of their bids and they have until 20 June…

John Fredriksen's Frontline has cancelled orders for six newbuilding very large crude carriers and Suezmaxes at Chinese shipyards worth more than $550m and representing 33% of its order-book. However, Jens Martin Jensen,…

The Association of Finnish Marine Industries (AFMI) and Russian joint stock company United Shipbuilding Corporation (OCK) have signed a cooperation agreement in Helsinki, with an aim to explore the opportunities of Finnish…

Flemish Prime Minister Kris Peeters signed a contract for new pilot vessels to be built by Abeking & Rasmussen in Germany. The order calls for delivery of three 25m SWATH pilot tender…

Pearl Seas Cruises, a new cruise company based in the US, has cancelled its cruise programme for the remainder of the 2009 touring season in the Atlantic region for a luxury cruise…

Golar Winter, Golar?s newly converted FSRU, recently sailed from Keppel shipyard in Singapore for Brazil and is Petrobras? second FSRU and sister to Golar Spirit. Both vessels are classed by DNV.Jan Koren,…

?Shirase?, a new ice-breaker, has arrived at its homeport in Yokosuka where Japan?s Maritime Self-Defence Force has a base. At 12,650 tonnes, the 'Shirase' has a length of 138m, a beam of…

The Air Resources Board (ARB) in California has a proposed regulation under review that, if approved as expected, will require ocean going vessels to use low sulphur marine distillates in main engines,…

Vietnam has granted an investment licence to a consortium of foreign firms led by China Steel, Sumitomo Metal and Sumitomo Corp to invest $1.15 billion in a steel mill in the country's…

Lloyd?s Register?s latest office in China, its 14th, was opened recently and will initially employ more than 20 with the number rising to 30 in the coming weeks.Nick Brown, Country and Marine…

Head of the Russian Federal Fishery Agency, Andrey Krainy, says cooperation with Norway over trawler fleet modernization is a necessity. The obsolete Russian fishing fleet now is in dire need of upgrades…

Officials from major Asian LNG carrier shipyards at Gastech 2009 have said that, while 2009 has been a quiet year so far, they are confident that 2010 will see an upturn in…

Lloyd's Register has published a new guidance document for the design of membrane-technology liquid natural gas containment systems. The document is aimed at improving design procedures with respect to sloshing forces, and…

What might feel like a global shipping meltdown will, in hindsight, be viewed as a worldwide shift to an Asian domination of the maritime industry. Such was the conclusion of a recent…

According to the Korea Shipbuilders' Association (Koshipa), South Korean shipbuilders have received new ship orders of 171,000 cgt in the first quarter of 2009, placing it 2nd in market share after Japan.…

The Turkish shipbuilder ?i?ek Shipyard has delivered the 3,087 DWT double-hull tanker Frecciamare to the Italian shipowner Ciane Anapo. Based in Augusta, on the east coast of Sicily, Ciane Anapo is part…

In a significant review of its safety operations, Exmar Shipmanagement has awarded a contract to Wilhelmsen Ships Service to handle all safety-related business throughout the fleet, including a liferaft rental programme and…

Lloyd's Register, claimed to be a leader in the classification of LNG carriers, has published a new guidance document for the design of membrane-technology liquid natural gas containment systems. The document is…

The second phase of the Emission Minimisation (EMI MINI) research project, a joint effort to reduce marine engine emissions, is nearing completion.Funded by the German government and involving leading diesel engine design…

Global manufacturer of maritime and offshore safety solutions VIKING Life-Saving Equipment has signed a distribution agreement with UK based Donut Safety Systems Ltd.- VIKING?s products are often the last means of rescue…

Rolls-Royce has secured a £38 million contract to supply a newly-developed anchor handling system that will enable floating oil platforms to be secured to the seabed in the extreme depths off the…