News

Daewoo Shipbuilding and Marine Engineering (DSME) has won an order to build five 160,000 dwt oil tankers for Angola’s state-owned oil company, Sonangol. The deal is worth 400 billion won ($344.7 million),…

Havyard Design AS in Norway has acquired Apply Steelcad AS from Apply Sørco AS.

The NYK Group company, Japan Marine Science, will act as the administrator of a survey for developing an advanced ship-recycling system. The survey, commissioned and led by the Ministry of Land, Infrastructure,…

A report issued by London-based Clarkson Research Services said that ship demolition rose to the highest in 13 years in 2009, as owners scrapped ageing vessels to make way for a record…

Mitsubishi Heavy Industries (MHI) and Zhejiang Yungpu Heavy Machinery (YUNGPU), in Chinas Zhejiang Province, agreed last December on licensing of the technology incorporated in the Mitsubishi-UE, MHIs low-speed marine diesel engines. The…

The Indonesian shipbuilder PT PAL has been urged by the government to rethink its decision to lay-off 900 workers.

ABB has acquired the turbocharging service activities of ABCO Industries, located in Lunenburg, Nova Scotia, Canada.

Local media in Korea is reporting that Glovis Co, the logistics subsidiary of Hyundai Kia Automotive Group, will order three 6,000-unit pure car/truck carriers (PCTCs). Glovis will invest a total of $191.5…

The gross output of Chinas shipbuilding industry was RMB 548.4 billion in 2009, up 28.7% year on year, according to statistics released by the Ministry of Industry and Information Technology. Growth was…

After falling for 14 months in a row, Japanese export ship orders rose for the second consecutive month in January on a year-on-year basis, increasing by 50.5 percent to 471,900 grt, according…

Carnival Corporation has signed a memorandum of agreement with Italian shipbuilder Fincantieri for the construction of two 3,600-passenger cruise ships for its Princess Cruises brand.

Wärtsilä has been awarded a contract by DSD Shipping AS of Stavanger, Norway, to retrofit the main engines on four DSD Shipping vessels with the Wärtsilä retrofit pulse lubricating system (RPLS).

Last year, the Tuzla shipyards, located at the southern tip of Istanbul, saw production plummet by 90 percent while employment declined 75 percent. The shipyards have received just one order for 2012.

A series of fast response cutters being built for the US Coast Guard (USCG) will be protected against hull corrosion and marine pipework bio-fouling with a system manufactured by Cathelco Ltd.

MAN Diesel has announced a series of significant orders for its two-stroke, electronic ME-engines in Brazil.

STX Europe has entered into a newbuilding contract with Simon Møkster Shipping in Norway for the building of a Platform Supply Vessel (PSV).