Month: September 2008

Hanjin Heavy Industries & Construction has won a $330 million order to build two oil tankers. The deal with Emarat Maritime LLC of the United Arab Emirates calls on the shipyard to…

BAE Systems India, subsidiary of the Britain-based global defence company BAE Systems, is planning a foray into shipbuilding besides expanding operations in India with more joint ventures and partnerships, a top company…

The Polish government on Thursday said investors interested in the privatisation of the country's ailing shipyards would present their plans in time for an EU deadline of 12 September.Following Polish promises to…

Shipbuilder and charterer, Sealink International Bhd in Malaysia has allocated RM50 million ($14.5 million) as capital expenditure to expand its shipyard at Kuala Baram in Miri. The company owns another shipyard located…

The UK Defence-technology group QinetiQ has won a £150m contract from the Ministry of Defence (MoD) to provide testing and design services for ships, submarines, and other maritime equipment.The 15-year contract, called…

Vessels could be forced to reduce speeds to 10 knots if a new regulation by the National Oceanic and Atmospheric Administration (NOAA) in the USA gets given the go-ahead. The NOAA Fisheries…

Wärtsilä has acquired Navelec SAS, a French company specializing in marine navigation and communication systems, electrical marine services, and control and automation services. Navelec's main office is located in Le Havre, France,…

Europe's biggest shipbuilder, Aker Yards of Norway, is now officially renamed STX Europe ASA as a result of the takeover by South Korea's STX Shipbuilding. The name change was approved by an…

Sealink International Bhd's unit, Sealink Shipyard Sdn Bhd (SSSB), has secured two contracts worth RM62 million ($18 million) to construct the hulls for two 111-metre accommodation work barges for Singapore-based Swire Pacific…

Kawasaki Kisen Kaisha ("K" Line) in Japan has ordered three 176,000 dwt Capesize bulk carriers from Shanghai Waigaoqiao Shipbuilding (SWS) for delivery in 2012. "K" Line's goal is to have 100 Capesize…