News

Hyundai Mipo Dockyard has achieved savings of W 20 million ($17,240) per new ship by adopting a spray-on technique for thermal insulation materials. The Ulsan-based shipbuilder recently applied the spray technique to…

In a presentation made at the ?new technology seminar? held on the first day of Sea Japan 2004 trade show, JSMEA (Japanese Marine Equipment Association) made the case for using authentic ship…

IHI Marine United will recommence in-house design and development of marine turbochargers following a 14-year break during which time the company had either procured fully built units or manufactured units according to…

V.Ships Leisure, the passenger ship arm of V.Ships, the Monaco-based ship manager and marine services group, has been nominated by easyGroup as the manager for it?s new easyCruise venture. This new cruise…

In 2003, ships completed in China reached 6.05 million dwt, an increase of 31% over 2002 ( 4.61 million dwt), while new orders received reached 18.5 million dwt, an increase of 174%…

Wärtsilä Corporation has been awarded a contract to supply a 31.5 MW diesel power plant for a floating production, storage and offloading (FPSO) vessel for the Mutineer-Exeter field of Santos Ltd off…

Kobe Diesel will start building works on a new marine diesel engine production facility on part of Mitsubishi Heavy Industries? (MHI) plant in Futami, Japan, for completion in April 2006. It will…

The U.S. Maritime Administration (MARAD) issued a notice amending the schedule for submittal of competitive proposals for construction of new product tank vessels under the National Defense Tank Vessel Construction Assistance Program.…

Kawasaki Kisen Kaisha (K Line) has undertaken to construct a 300,000 dwt super large ore carrier for JFE Steel Corporation (JFE). The construction of the 330 metre long, 55 metre wide vessel…

Zhenjiang China Marine Equipment in China has enjoyed a sharp increase in engine and propeller productions for the first quarter this year. The marine equipment company has achieved industrial output of CNY…

Daewoo Shipbuilding in Korea clinched a Capesize bulk carrier from Korea Line. The shipping company ordered the 170,800DWT ship for delivery in July 2006 at a contract price of $59.6 million. When…

Far Eastern shipbuilders have been busy delivering ships. Hyundai Mipo Dockyard delivered the 46,000DWT product carrier Pamir to Novoship in Russia two months ahead of schedule. Ship particulars are 183m long, 32.2m…

Hyundai Mipo Dockyard will construct its second bloc fabrication shop at Daebul in the province of Cheollanamdo in South Korea. The new 49.41 acre factory will be operational from September this year…

Samsung Heavy Industries clinched an order for four more 9,600TEU container ships from Seaspan Container Lines in Canada for delivery during 2007. This latest order is an option declaration by Seaspan and…

The Far-Eastern Sea Shipping Line (DVMP) and the Polish shipyard Szczecinska Nowa Stocznia in Szczecin signed a contract for the building of two 1,730 TEU container ships. The contract has an option…

Mitsubishi Heavy Industries (MHI) will build its first electronically controlled diesel engine for a large pure car carrier (PCC) ordered by Nippon Yusen Kaisha (NYK) to be constructed at Toyohashi Shipbuilding. This…

Hyundai Mipo Dockyard has achieved a 70 day reduction in the construction of the first 46,000DWT product carrier in a 12 ship series order from BP Shipping. Named British Tenacity, the tanker…

Primorsk Shipping Corporation signed a contract with Hyundai Heavy Industries for two ice-classed 166,000DWT Suezmax tankers for delivery in 2007. Ship particulars are 285 metres long, 50 metres wide and a draught…

BAE Systems Naval Ships is preparing for the launch of the first of its Landing Ship Dock (Auxiliary) vessels from the Govan shipyard in Glasgow on 9 April. This will be the…

Athens-based Tsakos Energy Navigation (TEN) has signed a letter of intent (LOI) with the Spanish shipbuilder Izar for the construction of one 145,000 cubic metre LNG tanker for delivery in July 2007.…

Gebab in Germany ordered six 4,550TEU container ships at a total cost of $350 million from Daewoo Shipbuilding (DSME) and Daewoo Mangalia in Romania. The Korean yard will build the first two…