News

China Shipping Group placed an order for two more 4,250TEU container ships with Dalian New Shipyard. CSG now has nine boxships on order with this Chinese shipbuilder.

Korean shipbuilders are facing another steel price hike of imported thick steel plate from Japanese steel makers. Japan is seeking a $200 per tonne increase in the price of thick steel plates…

Hyundai Heavy Industries, the world's largest shipbuilder, said that new orders across the board jumped to $8.33 billion during the first half of this year. This exceeds the initial target of $4.5…

Partners in the BioMer project announced a $563,000 project to demonstrate that biodiesel is a viable alternative fuel for river cruise ships. The project, which runs from June to October, will test…

The restructuring plans for the Gdynia Shipyard Group in Poland faces delays as the EU commission in Brussels is purportedly dragging its feetTwo earlier schemes have already been aborted because the company…

Appledore Shipbuilders, in North Devon, has won a contract to design and build an 80 metre long super yacht which will provide work for more than 40 engineers and up to 100…

Bureau Veritas has been chosen by Spain's Association of Naval Architects and Marine Engineering as the "Best Marine Company in Spain in 2003." The award was presented at a ceremony in Madrid…

Nobutaka Nanbu, Executive Managing Director of the Shipbuilder's Association of Japan (SAJ), reported at the regular SAJ press conference held earlier this month that newbuilding orders placed with Japanese yards for the…

Royal Caribbean International (RCI) and Kvaerner Masa-Yards, a member of the Aker Yards group, have agreed on a revitalisation project, including a midbody lengthening, for the cruise ship Enchantment of the Seas.…

European satellites confirm the stories of mariners who describe seeing freak waves as tall as 10-storey buildings, according to the European Space Agency (ESA). ?Rogue waves? have been the anecdotal cause behind…

Mitsui Engineering and Shipbuilding will be undertaking a major expansion of facilities at its Chiba site in the next few months. The work, which includes enlarging its steel processing plant and installing…

British Maritime Technology Ltd (BMT) is applying its world-class navigationrisk assessment tools and expertise in a bid to help regional marine authorities mitigate the risks associated with offshore wind farm developments.BMT has…

Aker Langsten, one of the shipyards in the Aker Yards Group, has signed an agreement with Simon M?kster Shipping AS of Stavanger, Norway, to build a PSV (Platform Supply Vessel) for approximately…

Babcock International has made cuts in its workforce at its Rosyth dockyard in Fife, Scotland, as part of a company shake-up. The news came as a surprise since only four days ago…

US buyout firm, Carlyle Group, has expressed an interest in buying BAE Systems shipbuilding business although Carlyle hasn't decided if an offer would include BAE's submarine operations at Barrow-in-Furness, England since the…

Aker Brattvaag, a company in the Aker Yards Group, has been awarded a contract worth approximately NOK 200 million by DOF ASA to build a Platform Supply Vessel (PSV) of the MT…

The Japanese Ministry of Land Infrastructure and Transport and National Maritime Research Institute have announced the completion of a new contra-rotating pod propeller system developed as part of the Super Eco Ship…

Daewoo Shipbuilding confirms that it received the letter of intent from Kuwait Oil Tanker Company (KOTC) for building three product carriers and the contract will be signed in August. Hyundai Heavy Industries…

NYK and NYK Armateur, a subsidiary of Gaz de France (GdF), have signed a contract with Chantiers de l?Atlantique for the construction of a 153,500 cubic metre LNG carrier. This vessel will…

The Singapore ship repair and shipbuilding company, SembCorp Marine, is paying $28.5 million for a 30% stake in Cosco Shipyard Group (CSG), China's largest ship repair company with yards in Dalian, Nandong…

BC Ferries in Canada claims domestic shipyards are not capable of building new vessels for its fleet. In a departure from past practice, the ferry company plans to award a contract worth…

Venezuela will send two oil tankers to an Argentine shipyard for maintenance this year under a new bilateral energy cooperation pact. This announcement was made by Ali Rodriguez, president of Petroleos de…