Month: June 2008

The Danish based OW Bunker, one of the world?s largest providers of marine fuel oil, lubricants and ship services, announced the launch of five new state-of-the-art bunker fuel delivery vessels for its…

India?s biggest private power utility, Tata Power Co. Ltd, is talking with shipbuilders in South Korea to construct six 175,000 dwt dry-bulk carriers, which it will use to carry coal from its…

The Newfoundland and Labrador government in Canada has awarded long-awaited contracts to replace two of the vessels in its aging domestic ferry fleet. The $50.5-million contract will be managed by Peter Kiewit…

The first locally built, double-hull oil tanker made by a Filipino company was recently launched from the ship repair and shipbuilding firm Herma Shipyard, Inc (HSI) in Bataan. Named ?Matikas?, the newbuilding…

Aker Yards has not yet received confirmation from FLC West that they have received approval from Ukraine competition authorities for FLC's acquisition from Aker Yards of 70% of the shares in the…

The Norwegian shipyard Ulstein Verft AS wants to purchase the ?Nowa? Shipyard in Szczecin, northwest Poland and the company ETA Ascom Star from Dubai, owned by Star Holding, owner of a shipyard…

Ukrainian shipyard Zaliv plans to build ten 175,000 dwt bulk carrier for a Ukrainian company. The technical project of the ship designed by Chernomorsudoproject (Nikolaev) is at the final stage of approval…

Samsung Heavy Industries had agreed to buy a 10% stake in Brazil's Estaleiro Atlantico Sul shipyard for some $22 million. The purchase is expected to help Samsung Heavy win orders for drill…

The European Commission has cleared German car maker Volkswagen?s proposed takeover of Scandinavian commercial vehicles maker Scania, in which VW bought a majority stake in March. Volkswagen took sole control of Scania…

The Polish Minister of the Economy Aleksander Grad has reportedly failed to convince the European Commissioner for Competition Neelie Kroes to accept a plan on the restructuring of the Polish shipyards in…