Month: June 2008

P&O Ferries has signed a Letter of Intent with Aker Yards to construct two new ships for the Dover-Calais service at a reported cost of 360 million Euros ($556 million). They will…

Influential industry bodies including Intercargo and Intertanko have endorsed the Korean Register (KR) of Shipping?s initiative to raise quality standards throughout the industry at the class society?s European Committee meeting held in…

Aker Yards has, through the media, been informed that the French government, after discussions with the company STX, intends to buy a total of 34% of the shares in Aker Yards France.…

ABG Shipyard Ltd in India has secured an order worth Rs 127 crore ($30 million) from Marnavi Spa, Italy, for the construction of a 130 tonne bollard pull AHTS vessel with a…

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…

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…

Multi-trade shipping line Safmarine, a subsidiary of the AP Moller-Maersk group, has recently named its second post-Panamax container vessel, the ?Safmarine Komati?, after the Komati river that runs through South Africa, Swaziland…

Tens of thousands of British shipbuilding jobs have been secured and a further thousand created, after the two main navy warship builders agreed to merge their businesses and create one single national…

Speed limits in the world's shipping lanes will be proposed today by Ruth Kelly, the transport secretary, when she announces plans to regulate greenhouse gas emissions. Studies suggest that, although ships use…

Korean shipbuilder Daewoo has won a 697.3 billion won ($669.3 million) order to build a drill ship for an unidentified company in the Oceania region. Delivery is slated for December 2011.