News

Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) have won a combined $4.9 billion worth of deals in the past week to build 30 vessels, including oil tankers and…

Aker Yards has delivered a new fast day ferry for Oslo Line AS, part of Color Line. The vessel built at the Rauma yard is the second in the series of two…

Siemens Energy has sold its Napier Turbocharger business, a 100% subsidiary of the Oil & Gas Division, to the investment firm Primary Capital, London. Napier operates in Lincoln, Great Britain, and employs…

Five large containerships of Greek shipping company Costamare will be the first worldwide to operate in full compliance with MEPC / circ. 471 of IMO regarding operational CO2 indexing. Costamare has registered…

China's oldest shipbuilder, Shanghai?s Jiangnan Shipyard, has moved recently to a new home to make room for World Expo 2010. The shipbuilder, a subsidiary of China State Shipbuilding Corp. (CSSC), moved from…

During the past week, the management of Odense Staalskibsv?rft A/S in Lind?, Denmark, has had discussions with representatives of the yard's employees about the serious financial situation. Even though the employees have…

Hyundai Heavy Industries Co., the world's largest shipyard, has won a 852-billion-won ($837 million) deal to build nine oil tankers. The deal with a European shipping company calls on HHI to deliver…

Lloyd?s Register has developed a voluntary assessment programme, designed to support the practical implementation of the forthcoming ILO Maritime Labour Convention (MLC, 2006) on new and existing ships. Not yet mandatory, the…

Wärtsilä continues to expand its boiler services with the acquisition of the boiler services business of International Combustion Engineering's (I.C.E.) former subsidiary in Dubai. The acquired boiler service business, which currently employs…

The Sultanate of Oman?s record-breaking 65 metre vehicle-passenger catamaran ?Shinas? has arrived in Muscat, Oman, following its 15-day journey from Austal?s shipyard in Henderson, Western Australia. The vessel made the journey under…

Wärtsilä Corporation has re-named its Hamburg-based ship design company SCHIFFKO GmbH to Wärtsilä Ship Design Germany GmbH. The change is effective from 1 June 2008. The name SCHIFFKO is retained as a…

Using the expertise of its quality assurance business, LRQA, Lloyd?s Register has developed a shipping industry specific guide for the ISO 14001 environmental management standard to enable ship operators to establish and…

Swedish company BERG Propulsion, a leading manufacturer of controllable pitch propellers (CPP) for the marine industry, recently launched its new production facility in Tuas, Singapore. The new plant is the first of…

The National Iranian Tanker Company (NITC), the leading Iranian tanker company, has recently taken delivery of its latest newbuilding, the 320,000 dwt Marbat, from Samsung Heavy Industries in Korea. The ship is…

Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel FELS Limited (Keppel FELS), has secured a $385 million repeat order to build a semisubmersible drilling rig for Brazilian oil and gas exploitation…

MAN Diesel celebrated the official opening of service facility in Woodbridge, New Jersey, USA, and is hereby expanding the MAN Diesel PrimeServ Network in North America. Over 200 customers, suppliers and business…

State-owned Shipping Corporation of India (SCI) has ordered six LR-1 product tankers of 60,000 DWT from STX Shipbuilding in a deal worth $371m for delivery from 2010 onwards. SCI has also received…

MAN Diesel is relaunching its portfolio, making all its engines compatible with the limits established by the International Maritime Organisation (IMO) in its Tier II regulations. The relaunch is an historic milestone…

Keppel FELS Limited (Keppel FELS) in Singapore has won a contract to build a $537 million ultra-deepwater semisubmersible drilling rig from a subsidiary of Dallas-based Ensco International Incorporated (Ensco). This contract follows…

Larsen & Toubro (L&T) in India will enter into shipbuilding business with an initial investment of Rs 20 billion ($468 million) next year according to local reports. The shipbuilding project would start…

Italy-based classification society RINA has introduced a new voluntary notation which will help shipowners meet the new international standards for crew accommodation. The notation, ILODESIGN will ensure compliance with the ship construction…

The French classification society Bureau Veritas has developed guidelines intended to reduce the number of accidents to seafarers and surveyors during the inspection and maintenance of ships structures. The guidelines will help…

The 300,000 DWT type ore carrier ?Grande Progresso? of Kawasaki Kisen?s 100% owned foreign subsidiary was delivered at Ariake Shipyard of Universal Shipbuilding Corporation. The 327m long and 55m wide newbuilding with…