News

South Korea has chosen Samsung Thales to develop weapons and radar systems for a new fleet of 2,300-ton frigates over the next five years, the country's defence procurement agency said. The country…

Norwegian marine coating producer Jotun has agreed to invest $29 million to establish a factory in the Busan-Jinhae Free Economic Zone in South Korea. A joint venture between Jotun A/S and Chokwang…

Italy, a limited supplier of military equipment to India, has proposed the two countries join forces to develop defence products. During a recent visit to India, Lorenzo Forceri, Italian deputy defence minister,…

Hyundai Samho Heavy Industries received orders from Liquimar in Greece for a 166,000 dwt crude oil tanker and from Metrostar in Greece for three 165,000 dwt crude oil tankers.The Liquimar vessel will…

Malaysian shipbuilder NGV Tech Sdn Bhd has secured a $70 million contract to design, build supply seven vessels to Saudi Arabia-based Bakri Navigation. The orders are for two units of the 35.8…

Formosa Plastics Marine, the shipping arm of the Taiwan oil and petrochemical company Formosa Plastics, has ordered two containerships of 1,118 TEU ('CV 1100' design) at the Qingshan Shipyard in China.

Aker BioMarine and Aker Yards have agreed an option for building a 144 metre long 27 metre wide vessel for harvesting of krill. Designed by Skipsteknish in Alesund, the value of the…

MAN Diesel has put its new marine gas engine through its paces for the benefit of decision makers from the global market for LNG carriers. MAN Diesel?s new 51/60 DF engine is…

Bureau Veritas (BV) has enjoyed another record-breaking year, with a sustained growth of fifteen per cent in net sales to the end of June, 2006.Speaking at the tenth annual Bureau Veritas Beaujolais…

The Chennai-based Goodearth Maritime Ltd. (GML) is planning to build a 405-hectare shipyard on the east coast of India with Korea Maritime Consultants Limited (Komac). The first phase of the project is…

Qatar Gas Transport Company (Nakilat) has appointed Shell International Trading and Shipping Company Limited to manage its fleet of 27 new LNG carriers in a 25-year deal. Under the arrangement it is…

B.C. Ferries has awarded a $40-million mid-life upgrade contract for the 5,863 gt ferry ?Queen of Alberni? to Vancouver Shipyards at its North Vancouver drydock.B.C. Ferries says the 139-metre ship is the…

Celebrity Cruises has cancelled the 10 December seven-day cruise of the ?Millennium? to replace the port thrust bearing in the ship's propulsion system. The ship must enter drydock to replace the bearing…

Western Australia-based shipbuilder Austal Ltd has secured a $140 million contract with an overseas group to build multiple aluminium passenger ferries, with the option of further purchases.The shipbuilder is under a strict…

Samsung has secured an order for two 115,000DWT tankers from Geden Line with delivery of 2010.Namura Shipbuilding clinched two 250,000DWT bulk carriers from NYK Line with delivery of 2010 and 2011.Dongnan Shipbuilding…

The first MAN B&W 7S65ME-C has entered service when the oil tanker ?Ice Explorer? was delivered by Universal Shipbuilding Corporation in Japan to the Greek shipowner in September. Although the S65ME-C engine…

Malaysian shipbuilders must buck up their ideas and clear backlog orders fast or risk losing their competitiveness and business to foreign players, Maritime Institute of Malaysia (MIMA) director general Datuk Cheah Kong…

A federal move that Canada?s shipbuilding industry has feared for some time appears to become a reality when the government resumed free trade talks with the European Free Trade Association. One of…

Edison Chouest Offshore has expanded into the shipyard sector in Brazil with the inauguration, early in October, of Estaleiro Navship in Navegantes in the south of Brazil. The yard will be capable…

The Norwegian naval design company Marin Teknikk has signed a contract with PT Batamec Shipyard, Indonesia, for delivery of a design and detailed engineering package for two MT 6009 MkII design for…

Geo ASA?s subsidiary Geo Subsea Pte Ltd in Singapore has signed a contract with Wavefield Inseis AS for the ?Geomaster?. The contract commences November 2006 and will have a duration of seven…