News

Wynn Marine's type 1762 wiper system and Series 3000 control system are keeping the way ahead clear onboard the Sapphire Princess, the new luxurious 116 000 GT, 2670-passenger vessel recently delivered to…

The upgrading and enlargement project at Bach Dang Shipyard is expected to complete its first phase by the end of this year when 95% of the work will be done. Completed construction…

South Africa launched a new Maritime Rescue Centre to help coordinate its response to shipping disasters and search-and-rescue operations in the region. The move comes as salvage experts continue the battle to…

Hyundai Heavy Industries may be the world?s largest shipbuilder and a major force in manufacturing construction equipment and marine engines, but it remains an ailing conglomerate suffering from reckless expansion and losing…

Wärtsilä Corporation has been awarded a contract by Kvaerner Masa-Yards in Finland to supply six Wärtsilä 12V46 as prime movers for the main generating sets for the Ultra Voyager cruise ship recently…

ABS announced it will be classing the U.S. Navy?s new breed of warship, the Littoral Combat Ship (LCS), by applying technical Rules and standards established in its newly developed Naval Vessel Rules.…

Larger ships, driven by the latest generation of very high-powered diesel engines, are particularly susceptible to alignment problems on the bearings supporting the propulsion shafting as well as the main engine bearings.…

Kawasaki Kisen Kaisha.(K Line) has placed an order with Universal Shipbuilding Corporation for the building of another 300,000DWT ultra large ore carrier (ULOC) to be completed in 2009. This latest newbuilding, with…

Enpaco Corporation in Changwon, Republic of Korea, will manufacture the new TCA turbocharger model for MAN B&W Diesel under licence. The persons in charge have now signed a corresponding contract with a…

BAE Systems now appears unlikely to sell its shipyards after the company's surprising cash bid for Alvis, Britain's last independent tank maker. Sources close to Britain's biggest defence contractor said the sale…

South Korean companies looking to cut costs by moving factories to China or Vietnam should consider investing in North Korea, said Park Seung, governor of South Korea's central bank. "The hollowing-out of…

Shipbuilding division of Hanjin Heavy Industries plans to increase turnover from $860million in 2005 to $1.3billion in 2007. To achieve this, the Busan-based shipbuilder will introduce a 3,000 tonne lifting crane later…

Hyundai Samho Shipyard (HSS) is changing its management system to focus on productivity increase and cost reduction as a result of the deteriorating trading conditions in the wake of steep price rises…

Hyundai Heavy Industries and Pohang City have signed a MOU for building a block shop at a cost of $172 million. The location of the 240 acre site is near Pohang New…

High profile Greek shipowners have backed a move by Italy-based classification society RINA to expand its presence in Greece. Nineteen representatives of the Hellenic shipping community have joined RINA?s newly-reformed Hellenic committee.Ugo…

Smit Salvage has temporarily abandoned attempts to fit the 65 tonne steel cofferdam over the hole in the damaged Capesize bulk carrier Cape Africa. The joint response committee, which is overseeing the…

The joint venture company set up by Wärtsilä and CSSC (China State Shipbuilding Corporation) in China to design, manufacture and deliver fixed pitch propeller (FPP) packages has officially started operating at the…

The International Bunker Industry Association (IBIA) has welcomed the ratification of MARPOL Annex VI, but warns shipowners and bunker suppliers they need to act now if they are to meet with new…

Korea is likely to remain the world?s leading shipbuilding country until at least 2015 with a 40% market share according to Ms. Hong Sung In, a research fellow of Korea Institute for…

Plans to build 95 bulk carriers by 2016 were revealed at a recent meeting between Korean Shipowners? Association and Korea Shipbuilders Association. The two associations discussed proposals to build dedicated vessels for…

Russia's largest shipper by tanker capacity, Sovcomflot, is competing with Korean and Japanese shipping companies for a $350 million order from Royal Dutch/Shell's Russian venture to ship liquefied natural gas.Sovcomflot is bidding…

Germanischer Lloyd (GL) has launched a topical new e-mail newsletter called ?GL-Infomail? to keep its customers up to date on new and revised regulations, interpretations and information about IMO, IACS and GL…