News

Calls are being made for an enquiry into the delay of the RM24.3 billion contract to build 27 high-tech naval vessels for the Malaysian navy amidst warnings that it was affecting the…

Wuhan Marine Machinery Plant in China will build a crankshaft factory in Qingdao at a cost of $24 million. It will take two years for the project to be completed and will…

The French firm Technip and the Italian firm Saipem are battling for the $1 billion contract to build the FPSO vessel for the huge Akpo deep offshore field off Nigeria. Industry sources…

The Fiji Ships and Heavy Industries Limited shipyard (FSHIL) will be leased out and the slipway upgraded as part of plans to restructure the organisation. Amid calls for the state-owned entity to…

Romanian shipyard Daewoo Mangalia Heavy Industries (DMHI) will sign on Friday a deal worth more than $500 million with German Hamburg Sud to build six 5,200TEU container ships. DMHI is in talks…

The Union of Greek Shipowners warned that EU pressure on shipowners to shoulder progressively stricter anti-pollution safeguards will end up undermining a vital industry and encourage law-abiding operators to skirt regulations,. In…

The US-based KBR oil services firm, a subsidiary of Halliburton, has won the engineering, design and procurement contract for the Agbami FPSO?s topsides. KBR said in a statement that it was handed…

Following their recent order for five 8,200TEU container ships, Yang Ming, the Taiwanese carrier, has now placed a contract with China Shipbuilding Corporation, for five 4,250TEU vessels with the same shipbuilder. The…

"K" Line (Europe) Limited has taken delivery of its first newbuilding, the 185,500dwt bulk carrier Cape Riviera. Built at Kawasaki Shipbuilding in Japan, the bulker is the first of three sisters due…

Wärtsilä has received a major order to supply twenty-four Wärtsilä 50DF dual-fuel engines to Samsung Heavy Industries of Korea. These engines will power a series of six 155,000 m3 dual-fuel-electric LNG carriers.…

After an in-depth investigation, the European Commission has prohibited the implementation of an Italian aid scheme designed to cover the risk of loans for the construction and conversion of ships in Italian…

The European Union has decided against appealing a World Trade Organisation ruling on its dispute with South Korea over shipbuilding subsidies paid by Seoul, despite ongoing controversy over the outcome. The EU…

A&P Group and Marine Exhaust Solutions (MES), a subsidiary of Diversified Metal Engineering, of Canada, have announced a strategic partnership that will deliver groundbreaking abatement technology to the marine industry in time…

Russia?s two largest shipbuilders are joining forces after years of rivalry in an effort to rationalize shipyard facilities in a shrinking market. St. Petersburg-based Baltiisky Zavod, builders of warships for more than…

The former Tampa Electric Hooker's Point power plant site is the new site for Gulf Marine?s shipyard facility. Gulf Marine plans to relocate most of its shipyard operations at the Port of…

India began an eight-year project to build an aircraft carrier in its most ambitious military programme to date. Defence Minister Pranab Mukherjee launched the construction of the 37,500 tonne carrier at the…

The Indian shipping ministry has proposed the setting up of two shipbuilding hubs, including a $480 million world-class facility in Kochi in conjunction with the special economic zone proposed on land owned…

Aker Promar, part of Aker Brattvaag AS, will be building an Anchor Handling Tug Supply (AHTS) vessel for DOF ASA at a cost of $48 million. The vessel will be 80 metres…

GE Transportation?s marine business announced it has received certification from Germanischer Lloyd (GL) for its 8, 12 and 16 cylinder, medium-speed diesel engines. "By obtaining the prestigious Germanischer Lloyd certification, we continue…

Plans are being finalized to sell Kvaerner Philadelphia Shipyard to a new group provisionally named American Shipping Corp. This announcement was made by a spokesman for Kvaerner ASA, the shipyard's Norwegian parent…

The UK based manufacturer MAN B&W Diesel Ltd, in Stockport, has decided to take measures in order to improve its competitiveness. Taking into consideration the challenges of the market as well as…

Daewoo has secured an order to build three supertankers for a record $130 million each. That is the highest price paid to date for a VLCC according to London-based broker Clarkson, which…

The latest warship to be launched on the Clyde went down the slipway at BAE's Govan yard in the shape of the 16,000 tonne landing dock ship, Cardigan Bay. She is the…