Month: August 2008

On Monday STX more than doubled its participation in Norway's Aker Yards, Europe's biggest shipyard, thereby securing full management control and bringing the South Korean group closer to being the world's leading…

The increasing global demand for LNG will necessitate a three-fold rise in the number of LNG tankers by 2030 according to the latest report from the Oxford Business Group. Citing Lloyds?List, Oxford…

UK-based scrubber manufacturer Krystallon Limited is looking to expand in the Far East, according to a news report. Krystallon Managing Director Chris Leigh-Jones said "Most of the newbuild yards are in the…

STX Shipbuilding has won an order worth 322 billion won ($310 million) from a European client to build two VLCCs for delivery by end March, 2012.

Doosan Group pulled out of the bidding for Daewoo Shipbuilding while the Korean steel firm POSCO is seeking partners to make a bid.Shares in Doosan group companies rose after it said it…

Samsung Heavy Industries has won a 729 billion won ($701.4 million) order to build a drillship for an unidentified company in the Americas. The vessel is slated for delivery by February 2012.

It has been rough sailing for the new pride of B.C. Ferry Services fleet, Coastal Renaissance, since departing from German shipbuilder Flensburger Schiffbau-Gesellschaf's shipyard earlier this year. The lead vessel in the…

Lloyd?s Register EMEA has made its most significant move yet in becoming the leading authority in the provision of risk management services to the nuclear, oil and gas, and transportation sectors, having…

Kongsberg Maritime has further strengthened its market position in the Asian region by forming a new joint venture with the Chinese company Zhenjiang Marine Electrical Appliances. The new company, Kongsberg Maritime China…

India's theme of the year for 2008, announced on National Maritime Day, is ?Solving the manning crisis in the maritime industry?. At the fourth annual India Shipping Summit (ISS), which will run…