Month: May 2008

Interferry and the International Maritime Organization (IMO) have extended the Memorandum of Understanding (MOU) on their joint campaign to reduce ferry fatalities by 90% in developing nations. The original two-year MOU has…

EU regulators cleared South Korea's shipbuilder STX Corp. to buy a 39% stake in Europe's largest shipbuilder, Aker Yards ASA. The EU dismissed initial worries that the deal might cause antitrust problems…

Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Co. Ltd., has placed an order for two construction support vessels with Colombo Dockyard Limited for delivery in September…

IMT Marine Consultants, a partner in the Offshore Ship Designers group, has been contracted to design a series of eight IMT 957 AHTS/Utility Vessels to be built at Qingao Qianjin Shipyard in…

Two of Italy?s specialist cruise shipyards are to join forces in a new alliance. Genoa-based shipbuilder T. Mariotti and next door neighbour San Giorgio del Porto, which specialises in repair and conversion,…

The world?s largest cable maker, French-based Nexans, has formed a joint venture with the Mumbai-based Polycab Wires to make rubber cables. The venture will initially invest $37 million to make cables for…

The Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea (REMPEC) has become a role model for other centres for its work in combating and preventing pollution from ships, International Maritime…

Practical research being undertaken by the container operator APL, a member of the Singapore-based Neptune Orient Lines (NOL), is being aided by the Propulsion Dynamics CASPER (Computerized Analysis of Ship PERformance) programme.…

Keppel Fels has won a $512 million contract for an ultra-deepwater semi-submersible drilling rig from oil drilling major Ensco. The Ensco 8504 will be the fifth semi-submersible being built by the KepFels…

Samsung Heavy Industries has won a $942 million deal to build a drill ship. The deal with Sweden-based Stena Line Co. calls on Samsung to deliver the vessel, used for deep-water oil…