Month: October 2006

MAN Diesel SE, Augsburg, has taken over from MTU Friedrichshafen GmbH the remaining 33.4% share of the French Diesel engine manufacturer S.E.M.T. Pielstick S.A., headquartered in Villepinte near Paris. The acquisition and…

The US-based Residential Cruise Line Ltd. (RCL), the parent company of the Magellan, the world's largest private residential cruise ship, will be expanding the proposed new vessel by adding twelve additional residences…

Indonesia's shipping industry needs $1.25 billion in investment to produce a fleet of coal carriers to meet the government's crash program in the power supply sector to build new coal fired power…

If they are granted planning permission, bosses at A&P Tyne at Hebburn hope to win contracts to dismantle ex-Royal Navy vessels. They claim the move into the ship breaking business would safeguard…

Nautilus Minerals Inc in Vancouver, Canada, has entered in to a Heads of Agreement with Belgium based Jan De Nul (JdN), one of the world's leading international dredging companies. Under the agreement,…

Tsuji Heavy Industries of Japan and Clipper Group of Bahamas have signed a contract for the construction of another 12 newbuildings of the 30,000 dwt 'Trader' type, being double-hull, handysize bulk carriers.…

The two world?s leading European marine engine manufacturer companies, MAN Diesel and Wärtsilä Corporation have agreed to set up a large-scale cooperative research project codenamed HERCULES-B. This large innovative research and development…

Egil Ulvan Rederi AS has ordered a general cargo vessel of the new "MM 66 CC" design at Moen Slipp AS in Kolvereid, Norway. This will be the yard's newbuilding number 67…

The Sabah-based shipbuilder Coastal Contracts, sees bright prospects for its business driven by growing demand for its offshore support vessels amidst a favourable global macroeconomic environment. Executive chairman Ng Chin Heng said…

Aker Yards has won a contract with the Stolt-Nielsen Transportation Group (STNG) in Rotterdam, Netherlands, to deliver four innovative parcel tankers with stainless steel cargo tanks. The contract represents an important strategic…