Month: May 2008

Colombo Dockyard, Sri Lanka's sole listed ship builder, said its March quarter net profit went up 22.5% to 245 million rupees from 200 million rupees a year ago. Revenue rose 49.6% to…

Grimstad based ship owner Sea4 has ordered two ROV/ light construction vessels of Skipsteknisk design ST-254L CD at Freire Shipyard in Vigo, Spain. In all Skipsteknisk have currently 8 designs under construction…

STX Shipbuilding has won a 129 billion won ($126 million) order to build two bulk carriers for a European shipping company with delivery in May 2009.

Noreq AS, the Norwegian manufacturer and supplier of maritime deck equipment, has acquired the Bergen-based davit manufacturer Crevi Davit AS. The acquisition strengthens Noreq?s focus on the development of maritime equipment, particularly…

Rem?y Shipping has signed a contract with Ulstein Verft for the building of two eco-friendly platform supply vessels (PSV) of Ulstein PX105 type designed by Ulstein Design with future oriented products and…

Rising crude oil prices and tighter environmental regulations are moving the shipping industry into an era of ever higher bunker prices, the Sustainable Shipping Forum in Singapore has been told. Robin Meech,…

The European Commission said on Thursday it is preparing to demand the repayment of Polish government aid to the Gdynia and Szczecin shipyards, while Warsaw signaled it needed more time to find…

Hyundai Mipo Dockyard has won a 121 billion won ($117 million) deal to build two chemicals carriers for a European shipping company for delivery by December 2011.