Month: November 2005

Teekay Lng Partners plans to acquire three Suezmax crude oil tankers and related long-term fixed-rate charters for $180 million from its parent company, Teekay Shipping. The company said Teekay Lng plans to…

Korea Line has placed an order for a Capesize bulk carrier costing $ 70 million. The shipping company declined to give shipbuilder?s name and ship size but said that the order is…

Wärtsilä was awarded a contract from Bijlsma Shipyard in Lemmer, Netherlands, to deliver propulsion plants for two 350 TEU container feeder vessels ordered by the Dutch VeKa Group For each vessel, Wärtsilä…

The Indonesian shipbuilder PT PAL will cooperate with the Surabaya Institute of Technology (ITS) to build corvette warships using technology similar to stealth aircraft technology. The cooperation was conceived under a Ministry…

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.…

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…

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…

Albacore Research Ltd. (ARL), the creator of the 3D product modeling software ShipConstructor, is putting the last touches on this year?s new software version, ShipConstructor 2006, scheduled for release towards the end…

The Shipping Corporation of India (SCI), today signed contracts with Daewoo Ship Building and Marine Engineering (DSME) of South Korea for building and delivering two VLCCs. The tankers, to be built at…

Britain's VT Shipbuilding and the Dutch company Merwede Shipyard have signed a Memorandum of Understanding to work together on naval warship procurement programs outside the U.K.VT Shipbuilding, is part of the support…