Month: April 2005

The agreement on the purchase of 100% of the shares in Norwegian Maritime Equipment AS (NME) for NOK 12.2 million in cash in addition to shares in Str?mme ASA was signed by…

Smiths Marine Sytems has acquired Fugro?s share in the ChartCo joint venture, such that ChartCo is now totally owned by Smiths. ChartCo was set up in 1998 as an innovative enterprise to…

The European Commission has given Poland permission to grant state aid to shipbuilders in order to improve its competitiveness against South Korean shipyards. Under the so-called 'temporary defence mechanism' which the EU…

Finland's Wartsila and China Shipbuilding Industry Corporation (CSIC) have entered into an agreement recently which will further strengthen cooperation in ship design, and research and development of diesel engine and associated equipment.…

The port of Mundra, on India?s West coast, is likely to be the location of the first new shipbuilding yard in the country for nearly 30 years. The $230 million project is…

With the recent opening of a second ro-ro berth for use by Ferryways at the Ipswich Ferry Terminal, new ships could be on the horizon for Ferryways' service linking Ipswich with Ostend,…

A worldwide ban on single hulled oil tankers that enters into force tomorrow threatens to dump thousands of toxic ships on Asian and Turkish beaches. Workers in India, China and Turkey break…

June 7th sees the opening of the major Nor-Shipping 2005 event in Oslo and the holding of The Motor Ship?s one-day conference. Taking place at the Rainbow Hotel Arena, adjacent to the…

Hyundai Heavy Industries has secured an order for five 8,600TEU container ships at the price of $ 650 million and ship particulars are 334m in length, 42.8m in breadth and 24.8m in…