Month: March 2005

Yang Ming Marine Transport, the Taiwan-based shipping company, said its wholly owned unit All Ocean Transportation has acquired five container vessels from state-run China Shipbuilding Corp for a total of $470 million.…

IM Skaugen ASA (IMS) has entered into an agreement to build two 3,200 cubic metre LPG carriers with a Chinese shipyard south east of Shanghai at a cost of $15 million. The…

HSD Engine, the Korean engine manufacturer, has been renamed Doosan Engine Company Ltd at the general meeting of shareholders held today at its head office in Changwon. HSD Engine has been using…

Adsteam Marine, with three Damen ASD Tugs 2411 on order for their UK operation, has ordered another one for their Australian fleet. Adsteam?s first ASD Tug 2411, ?Barunga?, was delivered in 2004…

Construction has now officially begun on the 1.2-billion-yuan ($146 million) second phase of China?s largest shipyard, the Shanghai Waigaoqiao Shipbuilding. The project will further strengthen the shipyard's leading position in China's shipping…

Following on from the delivery of two 165 tonnes bollard pull towing/salvage tugs in early 2004, Semco Salvage & Marine Pte Ltd has taken another step in renewing and enhancing its fleet…

For the first time, India?s defense budget will allow the Navy to allocate funds specifically to upgrade state-owned shipyards so that shipbuilding output can keep pace with service requirements. A senior Navy…

National Steel and Shipbuilding Company (NASSCO), a wholly owned subsidiary of General Dynamics, has delivered the Alaskan Explorer, the second of four Alaska-class double-hull oil tankers being built for BP Oil Shipping…