News

Owners and charterers will need to revise the text of their fuel purchasing specifications after IMO's Marpol Annex VI enters into force on 19 May warns leading fuel testing agency, Lintec Testing…

A contract to assess the UK?s ship recycling capability has been awarded to a team of BMT companies, led by BMT Defence Services Ltd, a subsidiary of British Maritime Technology Ltd (BMT),…

Dae Sun Shipbuilding in South Korea has returned to profit for the first quarter this year. Although turnover dropped slightly from W20.4 billion compared with W 20.5 billion last year, the shipyard…

Bijlsma Shipyard in Holland, which went bankrupt about a year ago and was taken over by the Dutch company VeKa Group, has booked a large order for 10 newbuildings from Delfzijl-based Wagenborg.…

Palmali Shipping in Istanbul, Turkey, recently signed an agreement with the Russian shipbuilder Volgograd Shipyard for construction of two more 6,750DWT dry cargo vessels of "Palmali" type bringing the total ordered to…

Construction of a marine boiler manufacturing plant, jointly funded by the Viet Nam National Shipbuilding Corporation (Vinashin) and the Danish company Aalborg Industries, officially began in Hai Phong?s An Hong industrial park…

Coscon, the container shipping arm of Cosco Group, and Nantong Cosco KHI Ship Engineering Co (Nacks), a joint venture between Cosco and Kawasaki Shipbuilding Corp, entered into a shipbuilding contract for the…

Intermarine of New Orleans has ordered four more 8000DWT heavylift cargo ships from the Portuguese shipyard Estaleiros Navais de Viana do Castello (ENVC) with the first delivery expected in the fourth quarter…

Malaysia Marine and Heavy Engineering (MMHE), formerly known as Malaysia Shipyard Engineering (MSE), is set to become Malaysia?s deep-water hub. MMHE will be focusing on expanding its marine and heavy engineering business…

Daewoo Shipbuilding has clinched orders for eight ships with a total value of $880 million. This latest haul comprises of four 84,000 cubic metre LPG carriers, two from Exmar and two from…

Hudong Zhonghua Shipbuilding in China has secured an order for two 75,000DWT bulk carriers from a Greek interest for delivery in March and July 2008. Ship particulars are 225m in length, 32.26m…

Keppel Singmarine, a wholly owned subsidiary of Keppel Offshore & Marine Ltd. (Keppel O&M) has secured orders for three offshore support vessels (OSVs) and two tugboats totalling $49 million. The vessels will…

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, are poised to win contracts worth almost $1bn to build 10 oil tankers for Iran. National Iranian Oil Tanker Co (NITC) will award…

Samsung Heavy Industries said it is expanding production of ship parts in China by 67% to reduce its labour costs and lessen the impact of steel price increases. The Korean shipbuilder has…

Lloyd?s Register Asia has completed the first safety case in Korea for dual-fuel electric propulsion in association with Daewoo Shipbuilding (DSME) and Wärtsilä. The system is for the new large LNG tanker…

Aker Yards has been awarded a contract worth approximately $127 million by Island Offshore to build two anchor handling tug supply (AHTS) vessels of the new Rolls Royce Marine?s UT 787 design.…

Industry throughout Australia has the opportunity to work with the Austal-Raytheon Amphibious Ships Team, which in August 2004 announced its intention to bid for the Australian Defence Force?s $1.55 billion Amphibious Ships…

Damen Shipyards Gorinchem has been awarded a contract to construct a 41 metre aluminium monohull fast ferry for the Danish operator, Christians?farten A/S, based on the island of Bornholm.The new ferry will…

US oil major ChevronTexaco Corp. has ordered two LNG carriers from South Korea's Samsung Heavy Industries to support the planned growth in the company's LNG business. Each newbuilding will have a 154,800…

Engineers at Daewoo Shipbuilding and Marine Engineering (DSME) have developed what the company calls a ?vacuum blasting robot for hull? which has the ability to blast the outer surface of a ship?s…

As a result of increased activity in deep-sea oil fields, orders for new floating production units (FPU) are increasing. DSME estimates that 166 FPUs are likely to be ordered by 2010. The…

Korean shipbuilders and marine equipment manufacturers have signed a cooperation agreement for mutual development. As a result of this agreement, Korean shipbuilders aim to increase the content of Korean made equipment from…

China's shipbuilding industry is expected to exceed ten million tonnes this year, which will account for 18% of the world?s newbuilding market compared with 15% last year. General Manager of the China…