News

There has been a resurgence of interest in conversion work as companies look at offshore units again. According to Drydocks World executive chairman Geoff Taylor, the company has seen increased interest in…

Reuters reported that Indian shippers are cutting their acquisition plans and buying vessels in the second hand market instead of placing new orders as overseas funding, their biggest source of financing, dries…

According to a report issued by China Association of the National Shipbuilding Industry (CANSI), China's shipyards continue to scrape along with continuing declines in new business and growing risk of cancelled orders.…

Rolls-Royce, power electric systems division (formerly known as Scandinavian Electrical Systems) has developed a system for converting old diesel mechanical systems into more efficient electrical propulsion Suitable for platform supply ships, coastal…

Wärtsilä has opened a new office and workshop complex in Mexico, in the city of Veracruz, which is the largest container shipping port in the country and is home to the Mexican…

Berg Propulsion has signed a contract with Dubai Shipbuilding and Engineering to deliver the first two production units of the Berg Propulsion Azimuth Thruster (BAT) in early 2010.The BAT is designed in-house…

Kongsberg Maritime has launched, at NorShipping, what it describes as an industry first, an integrated aft bridge workstation, which combines navigation, control and manoeuvring functions in one unit. The K-Master provides access…

At NorShipping, tanker industry body Intertanko reinforced its support for IMO action on emissions to air, but expressed considerable concern about the EU plans to impose strict limits for sulphur emissions in…

Speculation continues in the industry about the state of the Korean-owned STX Europe (formerly Aker Yards) after the company pulled out of a planned pre-NorShipping press conference due to be held today…

According to Det Norske Veritas, a new study shows that with minimal modifications current ships can cut their emissions to air by some 15%. Announcing the results of the study at a…

Beijing unveiled a stimulus plan to help domestic shipbuilders ride out the global financial crisis by encouraging eligible firms to list and sell bonds, and by hastening the establishment of shipbuilding-focused investment…

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics, has laid the keel of the fourth ship of its State-class product carriers. The ship will be named Empire State.NASSCO began constructing the…

The Midi consortium is expected to be named the preferred bidder for the Manoel Island Yacht Yard according to The Malta Business Weekly. This particular business unit of the Malta Shipyards is…

Daewoo Shipbuilding & Marine Engineering Co. (DSME) has won a $45 million order to build a small-sized barge ship, its first shipbuilding order of the year. The deal with a Dutch company…

Odense Steel Shipyard in Denmark has delivered the first of six ro-ros for the British investment company Epic Shipping of London. The ship, hull no 217, sails under the name of the…

Two platform supply vessels for Hellespont Group, under construction at the Cochin Shipyard in India, were christened recently. The ships, BY-66 and BY-67 were christened as "Hellespont Defiance" and "Hellespont Drive" respectively.…

State-run Shipping Corp. of India Ltd (SCI), India?s biggest shipping firm, has placed orders for two anchor handling tug cum supply vessels worth about $35 million with Cochin Shipyard Ltd (CSL), the…

Austal has officially unveiled its new 102m trimaran vehicle-passenger ferry platform, which is currently under construction at its Western Australian shipyard and available for purchase.The new 102m long, 26.8m wide trimaran is…

The ?Monte Aconcagua?, the last of a series of ten of Hamburg Sud's 5,552TEU Monte-class containerships was recently christened in Hong Kong. Following the naming ceremony, the newbuilding was phased into the…