News

STX Corporation, the Korean holding company for STX Shipbuilding and diesel engine manufacturer, said it bought 67% of Pan Ocean Shipping, one of the world's 10 largest bulk carrier shipping companies, for…

The big three Korean shipbuilders have secured a $3.5 billion order to build 8 LNG carriers which form part of the second phase (Qatar Liquefied Gas II) of a huge gas development…

Following earlier announcements, Aker Yards will combine its entities in Finland into one organization and, in order to cover the costs of this restructuring, a non-recurring provision in the level EUR 18-20…

The Shanghai-based Hudong-Zhonghua Shipbuilding (HZ) facility is the first Chinese yard to win a contract for post-Panamax container ships with a five-ship deal from China Shipping. China's largest domestic built container ships…

MacGREGOR continues to develop successful production partnerships in China, and its latest venture is a new hatch cover production plant in Nantong, in partnership with Rainbow Heavy Industry (RHI). The factory is…

The newest and most significant vessel yet to arrive on the world fast ferry scene was christened ?Benchijigua Express? in a ceremony at Austal?s yard in Henderson, Western Australia.Powered by four diesel…

Hyundai Heavy Industries has won a $568 million order to build eight vessels for Nippon Yusen K.K., Japan's largest shipping company. The ships, each with capacity for 4,900 TEUs, will be delivered…

Simrad autopilots have once again dominated the autopilot group of the NMEA (National Marine Electronics Association) awards by winning both autopilot categories. This is the 20th consecutive year that Simrad autopilots have…

A Semco Salvage team has successfully completed a challenging operation to save the 64,401 dwt bulk carrier Nina, having extinguished fires in the casualty?s coal cargo. Nina, loaded 58,624 tonnes of coal…

Austal has signed a new contract for two 45 metre fast catamaran ferries from L?Express des Iles SA, a company that operates both domestic and international services from Guadeloupe. Its existing fleet…

The leading underwater ship maintenance specialist company, UMC International, has launched a range of hull cleaning equipment based on their successful track record of in house design and build facilities. This equipment…

Lloyd?s Register (LR) has verified the world?s first ?Green Passport? in full compliance with IMO?s Guidelines on Ship Recycling for the LNG carrier Granatina, operated by Shell International Trading and Shipping Company…

Algeria's state-owned oil and gas company Sonatrach has awarded a $160 million contract to Japanese shipyards Itochu Corp. and Mitsui & Co to build a 75,000 cubic metre capacity Medmax LNG carrier,…

M?re og Romsdal Fylkesbåtar AS (MRF) signed a conditional contract with Aker Aukra, part of Aker Yards ASA, to build two commuter ferries. The contract value is approximately $19 million.

Lloyd?s Register (LR) has won the classification contract for four 155,000 cu m Technigaz Mk III membrane-type LNG carriers, ordered by BP Shipping at Hyundai Heavy Industries (HHI) with a further four…

SembCorp Marine?s subsidiary Jurong Shipyard has signed a $84 million contract with German ship owner Reederei F Laeisz (RFL) for the construction of two 2,600 TEU container vessels. These vessels will have…

The Alaska state ferry LeConte has returned to service after months of costly work to repair damage when the vessel was grounded in Peril Strait. Doug Ward of Alaska Ship and Drydock…

In response to the heavy interest from industry in the development of IACS new common rules, IACS Council agreed to extend the period for comments from industry to 6 months in total.…

Brazil?s Maua Jurong Shipyard has delivered the newly converted FPSO P-43 to state-owned oil company Petrobras for operation in the Campos Basin. The yard is currently in the middle of converting another…

Sigma Coatings has just launched the solvent free epoxy phenolic tank coating Sigma Novaguard for marine applications. Novaguard has increased chemical resistance compared to pure epoxy and standard solvent free epoxy tank…

The Union of Greek Shipowners (EEE) has appealed to all international maritime organizations for the application of stricter standards of safety and quality by shipbuilders worldwide, emphasizing that safety in navigation begins…

The Norwegian Jebsen Group has excercised options for another two 33,500 DWT open hatch bulk carriers from Jiangdu Yahai Shipbuilding in Shanghai. These five-hold ships will be fitted with 30 tons cranes…