Month: December 2004

Labroy Shipbuilding and Engineering in Batam Island, Indonesia, a subsidiary of the Singapore-based Labroy Marine, has won a new shipbuilding contract worth $23.1 million from Norway's Belden Shipping Group. It is a…

Aker Brevik, a part of Aker Yards ASA, has signed a contract to build six 18,000 m3 product-tankers with six Cyprus-based single purpose companies. The 15,000 DWT vessels are to be built…

Nippon Yusen Kaisha (NYK) is to build and operate two LNG carriers for use by Osaka Gas Company to import LNG, and has concluded a shipbuilding contract with Kawasaki Shipbuilding Corporation. The…

Daewoo Shipbuilding and Marine Engineering (DSME), South Korea's most profitable shipbuilder, is planning to expand its global network through acquisitions. "We are considering boosting our overseas presence by acquiring small and medium…

COSCO Hong Kong Group has placed an order for two 300,000 DWT bulk carriers with the Japanese shipbuilders Universal Shipbuilding and Sumitomo. The two newbuildings will be used to ship ore products…

Hamworthy has won orders and a letter of intent totalling £48 million ($92 million) to supply eight LNG reliquefaction systems to the first LNG carriers to use slow-speed diesel propulsion engines. The…

POSCO, South Korea's largest steel maker has agreed with the country's three largest shipbuilders, Hyundai, Daewoo and Samsung, to set up a joint study group for the development of steel products for…

The Japanese NMRI (National Maritime Research Institute) and fire protecting door and noise-proof package manufacturer Taiko Sangyo have developed a new silencer system that dampens low frequency noise from diesel engines. This…

Hong Kong oil trader, Titan Petrochemicals Group, has signed a one-year contract with China's Zhuhai Zhenrong that will give it access to 3 million metric tonnes of Iranian fuel oil, valued at…

ABS has signed a memorandum of agreement with the Prefectura Naval Argentina (PNA ? the Argentine Coast Guard) by which the classification society is now authorized to issue statutory certificates on behalf…