News

Br?drene Klovning Shipping in Haugesund, Norway, has ordered two 4,000 dwt chemical tankers from Volharding Shipyards in Holland. The vessels shall be delivered at the middle and at the end of 2006…

Spanish shipbuilder Izar has signed a contract with Norwegian shipping concern Knutsen to build a LNG carrier at its La Naval-Izar shipyard in Sestao near Bilbao. This is the first order for…

DNV has entered into an agreement with two universities in India, i.e. Indian Institutes of Technology at Kanpur and Kharagpur. Both universities are recognised for their excellence in the field of information…

Having received the green light from the US Navy in October 2004 to proceed toward final manufacture of a 36.5MW ship propulsion motor, American Superconductor (AMSC) has continued to make excellent progress…

STX Shipbuilding has secured a newbuilding contract for four 62,000DWT product carriers and two 10,600DWT chemical tankers from a shipowner in Cyprus. The total value amounts to $252million and all six ships…

Rolls-Royce is providing its Kamewa waterjets for the US Navy?s X-Craft, an experimental ship due to be launched tomorrow. The high-speed aluminum catamaran X-Craft under construction at Nichols Brothers Boat Builders, Whidbey…

The Arab Shipbuilding and Repair Yard (ASRY) has been awarded a $4 million contract by the Kuwait Oil Tanker Company (KOTC) to build a new 35 metre service boat which will service…

Hyundai Mipo Dockyard has set up a subsidiary, Mipo Engineering, to undertake ship design as well as other activities such as technology test and inspection. Choi Kil Sun, president and CEO of…

Wärtsilä has signed a letter of intent with China Shipbuilding Industry Corporation (CSIC) to set up a 50/50 joint venture to manufacture marine auxiliary engines in China. The location of the new…

Kongsberg Maritime's first installed AutoChief C20 propulsion control system has successfully completed sea trials. The main engine remote control system received its stamp of approval from Hyundai in Korea on 26 January…

A from Monday, workers in Malta?s shipyard will work to rule. The General Workers Union (GWU) said that it ordered the dispute after the ultimatum it gave to the management to sign…

Chinese shipbuilders are having to incur a sharp increase in thick steel plate price. According to China Steel Industry association, the price per tonne of thick steel plate produced by Chinese steelmakers…

Analysts in Singapore are forecasting robust growth and earnings this year from local shipyards which are claimed to be achieving global leadership in the offshore marine sector. The two biggest players, SembCorp…

As an international partner to the iNavSat consortium, Kongsberg Maritime has played a key role in the maritime activities of Galileo Concession bid, which will be evaluated by the European Commission (EC)…

The former head of Matson Navigation Company, C. Bradley Mulholland, is involved in the launch of a new shipping company in the Hawaiian islands that will undercut shipping prices by 12%. He…

A development kit unlocking the modeling expertise that has placed British Maritime Technology Ltd (BMT) at the forefront of manoeuvring simulation software for nearly three decades was unveiled today by BMT SeaTech…

Wärtsilä will extend its range of marine reduction gears and begin manufacturing these products in Khopoli, India. Production will start on the same site as Wärtsilä?s existing factory. The value of the…

During 2006, the St. Maarten Shipyard in the Caribbean, will complete a modernisation programme, which will expand the facilities into a top class mega yacht repair yard. The new facilities will comprise…

The British government has been accused of trying to keep secret an £84m cash lifeline to the troubled shipyard of Swan Hunter in the north-east of England and which is located near…

P&O?s cruise liner Aurora, which recently suffered serious propulsion problems causing the abandonment of its world cruise last week, is heading for the German shiprepair yard of Lloydwerft in Bremerhaven to have…

South Korean shipbuilders enjoyed another bumper year in 2004 by winning the largest amount of orders in the world totalling 17.3 million compensated gross tonnes (CGT) last year. This was well ahead…

Ferguson Shipbuilders, the last independent yard on the Clyde, is facing a ?life or death? battle over government contracts for two new fisheries vessels. Alan Dunnet, Ferguson's chief executive, who rescued the…