News

Malaysian Merchant Marine (MMM) has entered into negotiations to form a joint venture (JV) with Iraqi Oil Tankers (IOTC) to operate as a bunker trading supplier in Umm Qasr in Basrah and…

The NMRI (National Maritime Research Institute) in Japan has developed a radical new sail propulsion system for commercial ships. In recent tests based on route calculations for a bulker carriers equipped with…

Korean shipbuilding industries will maintain its dominance until at least 2015 with a world market share of 40% according to Korea Institute For Industrial Economics & Trade (KIET) at the seminar held…

Hyundai Heavy Industries delivered a crank-shaft for a Wartsila 12RT-flex96C engine to Diesel United in Japan. The crankshaft will be installed in an 8,100TEU container ship to be built by IHI Marine…

The world?s three leading shipbuilders are reportedly about to secure multimillion-dollar orders to build 16 of the world's largest LNG carriers for Qatar. Daewoo Shipbuilding & Marine Engineering and a consortium formed…

"It is incumbent on responsible flag states to lead the way in sharing information about ship inspections, vessel standards, conditions onboard, casualties and the implementation of their own safety regimes," said Clay…

Bill Thomson, chief executive of Scottish tanker owner Forth Tankers plc and chairman of the 50 million GT North of England P&I club, challenged the world's merchant shipping industry last week to…

BMT Fleet Technology Ltd, a subsidiary of British Maritime Technology Ltd (BMT), has acquired Vancouver-based Peter S. Hatfield Ltd, a naval architecture and marine engineering consultancy. This follows the opening of a…

A summit of UK shipbuilders has been convened by the UK?s Defence Procurement Agency which has asked representatives of shipbuilding companies to attend a meeting to discuss proposals for Britain?s naval programmes…

The shipyard at Avondale and a sister facility in Mississippi will build at least nine amphibious assault vessels for the US Navy, a drop from the original plan to build 12. Known…

The construction of warships will begin shortly at the Kochi Shipping Yard in India, said the Commander-in-Chief, Southern Naval Command (Kochi), Vice-Admiral S C S Bangara. Preliminary works for the production of…

Shipyards used to repair and convert existing vessels are set to become more efficient and environmentally friendly with the help of a grant of ?2,151,000 ($2.64 million) from the EU's Framework Programme.…

Mr Kelvyn Derrick has succeeded Mr David Goodrich as Chairman of the Society of Maritime Industries. Kelvyn Derrick is Chief Executive of Hamworthy plc and has been a member of the Society?s…

Mitsui O.S.K. Lines (MOL) has introduced an independently developed turbine plant simulator for LNG carriers at the company?s training institute in Tamachi, Minato-ku, Tokyo. This is the world?s first full-scale turbine plant…

Hyundai is likely to win an order for up to 7 LNG carriers from BP Oil. According to a shipbuilding source, Daewoo and Samsung withdrew from the competition. Meanwhile, Hyundai, Daewoo and…

The Visakhapatnam-based shipbuilding company, Hindustan Shipyard Ltd (HSL), is all set to report nominal profits in the current year. "The company will make some profits in the current year whether we get…

The government of Pakistan has formally handed over the Karachi Shipyard to the Pakistan Navy following wide ranging consultations. The federal finance ministry has been told to provide 460 million for the…

Royal Caribbean International (RCI) and Aker Yards, confirmed an order of a second Ultra Voyager, the world's largest cruise ship. The contract is valued at some $700 million.This 160,000gt 3,600 passenger vessel…

Only private capital can save the La Naval shipyard in Sestao, one of the yards in the Izar Group, following an announcement by the Spanish government to split up the group and…

To help ship owners, operators and managers comply with the latest mandatory regulations governing the collection, retention and storage of bunker samples in accordance with IMO MARPOL 73/78 Annex VI, Kittiwake is…

Daewoo Shipbuilding recently launched three ships and one offshore platform at No. 1 Dock all on the same day. The first was a 145,000§© LNG carrier for Bergesen, the second was a…

The UK defence group, BAE Systems, has dismissed reports of a boardroom disagreement ahead of the group's interim results this week. Directors are meeting today to discuss the future of the company's…