Month: September 2008

Conflicting directions given by the financial authorities are creating confusion for bidders of Daewoo Shipbuilding & Marine Engineering (DSME). After Korea Development Bank (KDB), the main creditor of DSME, changed its stance…

Alfa Laval, a leading company in heat transfer, centrifugal separation and fluid handling, has received an order for plate heat exchangers from a company in the Russian power industry. The order value…

An international agreement covering liability for bunker spills comes into force in November when ship owners will be liable for pollution damage. The IMO's Convention on Civil Liability for Bunker Oil Pollution…

An international convention banning the use of organotins and other harmful substances in anti-fouling paints applied on ships' hulls enters into force on 17 September 2008. The International Convention on the Control…

The EU has promised a swift decision on whether to approve Polish government rescue plans for two shipyards where thousands of jobs are at stake. "My people are doing their utmost to…

The government of Malta is to issue an official statement regarding its call for expression of interest in the privatization of The Malta Shipyards. The bid closed yesterday and prospective buyers were…

Zhang Guangqin, chairman of the China Association of the National Shipbuilding Industry (CANSI), has emphasized that the domestic shipping sector in China faces many formidable challenges. Chinese shipbuilders have to face escalating…

South Korean STX Shipbuilding beat a Chinese firm on price to win a $376.4 million bid to build four new ships for Shipping Corp. of India Ltd (SCI), India?s largest shipping firm…

KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) has proposed entering into a joint venture in Malaysia with Turkey?s Yonca-Onuk Savunma Sanyii AS shipyard to build vessels for the government and private…

The Brazilian state owned oil company Petrobras has revealed plans to purchase ten newbuild FPSOs. Eight of the vessels would be built domestically at the Rio Grande Shipyard in Southern Brazil. All…