News

STX Shipbuilding in South Korea has delivered its 100th newbuilding from its Jinhae yard which was opened in 1996. The ship, named Antigmar, is a 45,800DWT product carrier ordered by Stelmar Shipping…

Universal Shipbuilding in Japan secured an order for two Capesize bulk carriers from domestic ship owner Shinwa Kaiun Kaisha. One of the bulkers is a 297,000DWT vessel measuring 327 metres long, 55…

Abu Dhabi Ship Building (ADSB) has signed three new major contracts with the UAE Armed Forces worth Dh180 million ($49 million). These new contracts add to the growing backlog of naval work…

Traditionally, naval ships were designed by individual navies to their own rules, through their autonomous engineering houses. Today they are progressively being designed to commercial standards.In an address to the Australian Maritime…

Evergreen Marine, Taiwan's largest shipping company, is set for a massive expansion of its containership fleet with plans to order 54 vessels during the next 10 years. This is in addition to…

POSCO, Korea's largest steel maker, will raise prices of steel plates used for shipbuilding for a third time this year because of rising demand. Prices will increase by 9% to $477 per…

Korean Register of Shipping (KR) plans to release the new version (4.0) of KR-CON - a database of various IMO instruments, such as conventions (SOLAS, MARPOL, ICLL, STCW, etc.), codes (IBC, IGC,…

Austal recently delivered the 56 metre ferry Aremiti 5 to Tahitian ferry company Aremiti Cruise. Based on the Austal Auto Express 56 catamaran design, the newbuilding is well equipped to handle the…

The US-based tanker operator, OMI Corporation, has reached an agreement to purchase four newly built Suezmax tankers and eight product carriers under construction at Hyundai Mipo Shipyard from Athenian Sea Carriers. OMI…

B. Hepworth and Company Limited has announced the merger of Hepworth MarineInternational and Wynstruments Limited, parent company of Wynn Marine. The merger became official on 21st June 2004.This news marks a move…

Singapore ship owner, Ezra Marine, has placed an order with compatriot shipbuilder, Pan United Shipyard, for two anchor handling tugs (AHTS) each powered by a 8,993kW diesel main engine. The vessels reportedly…

The Chinese containership Xin Yang Zhou has become the first vessel to ?plug? into the world's first Alternative Maritime Power (AMP) container terminal at the port of Los Angeles. The China Shipping…

Eleven countries bordering the Baltic Sea have reportedly agreed to impose a ban within a year on the carriage of heavy fuel oil in single-hull tankers in the region. In a statement…

GE Marine reported that its LM2500 aero derivative gas turbine will power the Royal Australian Navy?s (RAN) eighth ANZAC-class frigate, Nuship Ballarat. The frigate was recently delivered to the RAN during a…

Aker Yards, via its wholly owned subsidiary Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755L platform supply vessel. The approximately…

HITT, a provider of traffic management and navigation systems and Lloyd's Register- Fairplay (LRF), a publisher and provider of maritime information solutions, announced the formation of a joint venture company ?AIS Live…

Shanghai Waigaoqiao Shipbuilding, China's newest shipyard, will lose money on newbuildings because the price of steel used has doubled. The price of steel plates used to build tankers and bulk carriers rose…

The Kolkata-based manufacturing company, Jessop, has decided to enter the shipbuilding and ship repairing business by collaborating with the Ukraine-based Tekhkom. Under the agreement, Tekhkom will supply the technical expertise for shipbuilding…

BMT Asia Pacific, a subsidiary of British Maritime Technology (BMT), DHI Water & Environment (S) Pte Ltd (DHI) and the Maritime & Port Authority of Singapore (MPA) signed an agreement to develop…

At the recent Posidonia shipping exhibition in Greece members of the Det Norske Veritas (DNV) led Pod Quality Forum, which comprises ABB (Azipod), Rolls-Royce AB (Mermaid) and Siemens/Schottel (SSP), signed the first…

Presently standing at 113.8 million gross tons (gt), Lloyd?s Register?s classed fleet has reached an all time high having surpassed the previous record of 113.7 million gt held in 1979. Taking into…

Today, International Registries, Inc. (IRI), the Maritime Administrator of the Marshall Islands announced that 98 percent of the Marshall Islands flag ships to which the International Ship and Port Facility Security (ISPS)…

A major step forward in tanker operation safety was taken today as ABS, the leading class society for tankers, announced technical guidance for inert gas systems for ballast tanks. Compliance to the…