Month: July 2008

The Polish manufacturer and assembler of welded and bolted steel constructions, Mostostal Chojnice, and Ulstein Verft have been numerous times enumerated as potential investors for the state-owned SSN shipyard in Szczecin. The…

Samsung Heavy Industries has received an order to build a drill ship for 739.2 billion won ($705.6 million). The deal with a U.S shipping company calls on Samsung Heavy Industries to deliver…

Samsung Heavy Industries will deliver the world?s biggest LNG tanker to Exxon Mobil Corp.?s venture in Qatar in August. The 266,000 m3 tanker, named Mozah, is the first in a 14 ship…

Shipowners and underwriters are forking out "staggering" amounts for engine damage, a leading marine engineer and casualty expert has warned.Both "man?s inhumanity to machinery" and poor products are to blame, the Society…

Rolls-Royce has announced its intention to acquire Scandinavian Electric Holding, a supplier of packages for hybrid and diesel-electric marine propulsion systems. Rolls-Royce will purchase 100% of the equity of the company from…

The Omani government is laying the ground for the development of a huge industrial hub and free trade zone in Duqm, a remote coastal town on the Arabian Sea. Spread on 24,000…

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a 2nd rig order from Atwood Oceanics Pacific Limited ("AOPL"), a wholly-owned subsidiary of Atwood Oceanics Inc. to build a deepwater semi-submersible…

Shipping?s lacklustre image is to be tackled head on by the formation of a new globalforum of maritime leaders. Launched at this week?s successful 2nd International Ship Management Summit in Limassol, Cyprus,…

The Norwegian offshore company Havila Shipping ASA has entered into a contract with Havyard Leirvik AS for the building of a large subsea construction vessel based on a new developed design, Havyard…

Danish tanker and bulker owner D/S Norden AS plans to reduce its carbon dioxide (CO2) emissions this year by 2%. A new report by Norden revealed they have installed monitoring systems to…