News

MAN B&W Diesel are making a further step in strengthening and consolidating their medium speed engine portfolio. The RK 280, previously developed and sold through the UK branch of MAN B&W Diesel,…

Stocznia Gdynia, the Polish shipyard owned by the Ministry of the Treasure and its subsidies, was expected to get out of the red. Its GSM has agreed to increase the equity by…

Daewoo Shipbuilding has developed scaffoldings to be used in all large LNG carriers? cargo containment tanks using an original design, manufacture and installation for the first time in Korean shipbuilding. In the…

Cosco (H.K) Shipping Co., Limited places new order of two 300,000DWT bulk carriers with the Chinese shipbuilder NACKS. The new order also attaches two options. Ship price and delivery dates are not…

It is intended to construct a shipbuilding yard in the Garadagh District, Baku, by upgrading an existing shiprepair yard. Azerbaijan state-owned Caspian Sea Shipping Company?s chairman, Aydin Bashirov, told journalists that there…

Swiss-based ABB has won a contract to provide an electrical power plant and podded propulsion system for a train ferry between the eastern Chinese cities of Yantai and Dalian. Construction of the…

Dutch-based offshore survey company Fugro N.V. has placed an order for a new vessel (Geo Caribbean) with the Bergen Mekaniske Verksted (BMV) shipyard in Norway. The vessel will be owned by Fugro…

Three Letters Of Intent have been received by Atlantia Offshore Limited, a fully-owned subsidiary of SBM Offshore N.V., from several Brazilian drilling contractors in the wake of major drilling contracts recently awarded…

A new 2,500-tonne floating dry dock will be built by the Chinese shipbuilder Penglai Bohai Ship Co for the Ketchikan Shipyard, in Alaska, at a cost of $9.2 million for delivery in…

Grindrod?s ship owning arm, Unicorn Shipping, has placed shipbuilding orders for two high-specification bunkering barges and secured options for more from a southern China shipyard.This had been done in response to the…

Wärtsilä has acquired the German service company INTEC Injectortechnic GmbH from the four persons owning and managing the company. The Hamburg-based company is specialized in fuel injection equipment, providing installation and services…

Wärtsilä Corporation has introduced a new compact, high-performance waterjet that is optimized for fast vessels. The new Wärtsilä LJX waterjet offers, in comparison with other waterjets available today, a 25% reduction in…

Daewoo Mangalia Heavy Industries (DMHI) shipyard, the biggest shipyard in Romania, last year recorded losses worth 18.5 million euros despite a 46% increase in its turnover. DMHI slipped into the red mainly…

South Korea's top three shipyards are likely to win higher-than-expected orders worth at least $30 billion this year on strong sales in the first half of the year, industry sources said. The…

China Shipbuilding Industry Corp (CSIC), one of the nation's two state-run shipbuilding groups, plans to triple its turnover by 2015 when it expands its building capacity to meet rising global demand. The…

Esnaad, a wholly owned subsidiary of Adnoc in Abu Dhabi, has become the first Middle East based ship owner to order a vessel of UT-Design from Rolls-Royce. The contract covers the supply…

Two German shipping companies, Aquarius Marine Consulting GmbH & Co. KG (AMC) and TB Marine-Hamburg GmbH have ordered a class of four chemical tankers from the Chinese shipbuilder Liaoning Hongguan Shipbuilding. With…

Concordia Maritime took delivery of 62,500 dwt Stena Performance, the fourth vessel in the P-MAX series of total eight vessels. The vessel is on charter for five years to the American oil…

Amendments to the International Convention for the Safety of Life at Sea (SOLAS) and the International Convention on Maritime Search and Rescue (SAR) enter into force on 1 July 2006, including amendments…

Kawasaki Kisen Kaisha, Ltd. ("K" Line) has launched the "JP GUNJO," an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co., Ltd., Japan. Vessel?s specifications are length 229.93 m,…

ThyssenKrupp Marine Systems ? a company of ThyssenKrupp Technologies ? has got an order to build two 3,400 TEU container ships. These compact vessels will be built at the company?s yard Nordseewerke…

The Meyer Werft shipyard of Papenburg, Germany, has received from the Republic of Indonesia an order for one more passenger vessel thus continuing a series of 23 ships the last of which…

As the USA proceeds with its littoral combat ship program, other nations are building less versatile and less expensive craft for littoral warfare and patrol roles. In addition to Sweden's Visby class…