Month: December 2008

Keppel Verolme BV, a wholly owned subsidiary of Keppel Offshore and Marine Limited, has decided, after evaluating all possible options, to terminate the MPU Heavy Lifter project and commence the scrapping process…

With the entry into service of the 3,950-passenger MSC Fantasia, MSC Cruises has raised the Quality, Health, Safety and Environment (QHSE) bar for all cruise operators. MSC has entrusted Bureau Veritas with…

The recent inauguration in Rijeka, Croatia, of ABB Turbocharging?s 100th service station has set a new milestone for ABB?s Turbocharging global service network. Besides serving the local maritime community in Croatia the…

The Canadian government's plan to buy $10-billion worth of new navy ships, including a fleet of Arctic icebreakers, needs to get "back on track," Defence Minister Peter MacKay says. This is growing…

STX Group, South Korea's mid-sized conglomerate whose main cash-cow is shipbuilding, has set next year's sales target at 30 trillion won, an increase of 11% from this year's estimated 27 trillion won.…

Antwerp-based Euronav NV has taken delivery of the first VLCC built to the industry?s new Common Structural Rules (CSR) by Hyundai Heavy Industries (HHI) in Korea.The 318,000 dwt Olympia, constructed to Lloyd?s…

Sembcorp Marine in Singapore is pleased to announce the award of an evergreen favoured customer contract (FCC) from International Gas Transportation Company Limited (IGTC) to provide repairs, upgrades and other marine services…

A new edition of the International Maritime Dangerous Goods (IMDG) Code, the standard guide to all aspects of handling dangerous goods and marine pollutants in sea transport, has been published by the…

Brazilian iron ore producer Vale denies that it is cancelling its $1.6bn order for 12 VLOCs from the Jiangshu Rongsheng shipyard in China. Despite some reports in the international media suggesting that…

India?s shipbuilding industry could suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as the global economic crisis takes its toll on the sector, industry experts…