Month: November 2005

South Korea-based shipping company STX Pan Ocean Co. Ltd. awarded a contract to STX Shipbuilding to build three ships. The tender for the three ships, priced at $44 million each, was awarded…

Germanischer Lloyd (GL) has bought a stake of 75% in Ms Logistik Systeme (MLS), a Rostock software company which plans, develops and markets program modules for highly efficient vessel management. Employing 14…

The city of Xiamen in China announced that it will develop shipbuilding and ship repair business by 2015. According to Korea Trade-Investment Promotion Agency?s branch office in Xiamen, the city will secure…

Hurricane damage to Northrop Grumman's Mississippi and Louisiana shipyards tops $1 billion and company officials claim production delays could cost the defense contractor millions more. The Pascagoula shipyard had been inundated by…

Nexans, a major global player in the cable industry, has entered into an agreement with Bourbon Cable AS, a subsidiary of Bourbon Offshore Norway AS, securing control of the specialised cable layer…

The provision of adequate waste reception facilities at ports, and the technical and practical matters associated with it, requires attention in the future, agreed the Industry Reception Facilities Forum at its fifth…

Aker Yards has confirmed an optional agreement with Volstad Shipping AS, Ålesund, for the building of a Platform Supply Vessel (PSV) worth approximately NOK 250 million. Delivery is scheduled for September 2007…

Wärtsilä diesel-electric propulsion plants of 11.5 MW have been ordered for two heavy-lift transport vessels to be converted for Fairmount Heavy Transport NV, an associated company of the Rotterdam-based towage contractor Fairmount…

Color Line has signed a Letter of Intent with Aker Yards for the building of two new ships for delivery in 2007 and 2008 respectively. These ships represent a new type of…

A new bilateral agreement that extends the long-standing agreement on cooperation between ABS and the Russian Maritime Register of Shipping (RS) has been signed by the two societies in St Petersburg, Russia.…