News

Lifeboat and davit manufacturer Schat-Harding and other leading manufacturers say that Germanischer Lloyd is showing its IACS colleagues a sensible lead in the way it will apply the service provisions set out…

Aker, Aker Kv?rner, and Aker Yards have joined forces to establish the company Aker Innovation. By exploiting the industrial and financial expertise of its three owners, Aker Innovation will identify new industrial…

The French offshore shipping company Bourbon is expanding its fleet with next generation, innovative and high productivity vessels to assist its oil industry clients worldwide in developing their continental and deepwater offshore…

Austal has received a multiple ferry order from Venetian Marketing Services Limited (VMSL) for ten 48 metre passenger catamaran ferriesAdding to its fleet of 36 vessels delivered to China / Hong Kong…

Fincantieri?s Marghera shipyard has delivered its latest cruise ship, Carnival Freedom, ordered by Carnival Group for the brand Carnival Cruise Lines.Carnival Freedom is the fifth sister ship of the ?Carnival Conquest? evolved…

HHI?s Engine & Machinery Division has maintained its steady annual growth sine starting up the production of medium-speed (4-stroke) diesel engines in 1990. The company has rapidly increased its capacity since 2000,…

A delegation of shipbuilders from Denmark is currently in Vietnam to discuss investment in that country.Two conferences on shipbuilding technology will be organized in Hanoi and Ho Chi Minh City. A Vietnam-Denmark…

Austal and New World First Ferry Services (Macau) Limited (First Ferry (Macau)) have announced the order of two new high-speed catamarans for operation between Macau and Tsim Sha Tsui, Hong Kong.With five…

The Myklebust Verft shipyard in Gurske, Norway, has signed a contract with Aries Offshore Services (formerly S. Ugelstad Rederi AS) in Ålesund for the building of one platform supply vessel.The PSV type…

Pakistan is eager to co-operate with Turkey in the area of shipbuilding and, in particular, the building of four corvettes for the Pakistani navy. Informed sources say that Turkey is expected to…

NGV Tech Sdn Bhd, a Malaysian shipbuilder specialising in aluminium-hulled fast patrol boats, plans to double its present production capacity to 20 units from its present 10 to 12 units. Managing director…

The Singapore-based shipbuilder, Pan-United Marine (PUM), said it expects to increase revenue and improve its operating margin in 2007 thanks to higher-value orders and a 50% jump in vessel deliveries.The company's two…

Mike Turner, chief executive of the UK?s defence company BAE, recently said that the firm was "looking very hard" at acquiring the Devonport-based naval support firm DML as part of its plans…

Hyundai Heavy Industry?s (HHI) Engine & Machinery Division recently successfully completed operational tests for a side thruster with a capacity of 2,000kW. The side thruster will be installed in a 145,000m3 LNG…

South Korea?s POSCO Group has expressed interest in Daewoo Shipbuilding & Marine Engineering (DSME), which is slated to go on sale around September. The world's second-largest shipbuilder is regarded as an attractive…

Daewoo Shipbuilding has won a new order of a semi-submersible drilling rig from Odfjell Invest at a cost of $430 million. The new order also attaches one more option and delivery is…

Knutsen OAS Shipping in Norway has been awarded a long-term time charter with the Spanish energy company Repsol for two LNG new buildings. The two vessels will be delivered from Daewoo Shipbuilding…

DNV and Vietnam Register (VR) have recently signed a corporate agreement to strengthen both positions in the growing Vietnam market. The agreement outlines a co-operation in training and work sharing for single…

Korea's shipbuilding industry, ranked top in the world, was overtaken by China's in terms of order volume last January for the first time ever. According to Thursday's report from Clarkson, a market…