News

Brazil is pressing cash-strapped Korean shipbuilders to hand over their core technologies in return for orders. With work hard to come by, they are willing to oblige and Samsung Heavy Industries has…

Bergen Group BMV, a subsidiary of Norway's Bergen Group has signed a NOK 2.7 billion ($435.3 million) contract to deliver two advanced pelagic trawlers and research vessels to Aqueda Shipping Limited and…

The ?Costa Pacifica?, the fourteenth ship in the fleet of Costa Cruises was delivered on May 29 at the Genova-Sestri Ponente shipyard by Fincantieri. The sister ship of the ?Costa Concordia? and…

The Indonesian government-operated ferry firm PT Indonesia Ferry has signed a tentative agreement with South Korean shipbuilders Samsung Heavy Industries and 21st Century Shipbuilding on a shipbuilding project which could be worth…

The passenger and vehicle ferry Canna has become the first ship in Caledonian Maritime Assets Ltd's fleet to be issued with a Lloyd?s Register 'Green Passport'. This follows a training workshop for…

The European Marine Equipment Council (EMEC) has welcomed the new regulation (EC) 391/2009, published on 28 May. Amongst others, the Regulation will, if effectively implemented, in the coming years, lead to the…

New Zealand-based waterjet manufacturer HamiltonJet has opened a new regional sales and support office in Singapore. The company already has regional offices in the UK and US, and the new office will…

George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched in May. The $300m GRI aims to integrate the needs of steel producers to…

Despite the collapse in the newbuilding market, state-owned Chinese shipbuilder China State Shipbuilding Corporation (CSSC) is planning to invest up to Yuan10bn ($1.5bn) to build a shipyard in Zhongshan , Guangdong province.…

Taizhou Sanfu Ship Engineering is set to begin talks with owners who have requested lower contract prices for bulk carriers already on order. The privately-owned Chinese shipyard said that it had received…

Three non-life insurance companies which are creditors of Jinse Shipbuilding of South Korea are requesting another creditor banks to delay collecting debts but the banks are refusing to do so. Meritz Fire…

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…