Month: March 2009

The Japanese shipbuilders JFE Holdings Inc. and IHI Corp. have decided to postpone a merger of shipbuilding operations until after autumn, according to local sources. The merger, which was to take place…

Mitsui O.S.K. Lines Ltd. (MOL), the world?s largest operator of iron-ore carriers, has halted orders for new ships as demand for steel drops. The company is scrapping up to seven iron-ore carriers…

The newly commissioned small ship division (SSD) of India's government-owned Cochin Shipyard Ltd. (CSL) expects to generate annual revenues of Rs5bn ($99m). The revenue will allow the yard to take on the…

The production of the first of the two huge ferries ordered by P& O Ferries started today by cutting its first steel plate on STX Europe's yard in Rauma, Finland.The 49,000 gt…

Orders of only nine ships were made in January worldwide, a meagre 6% of last year's 151 ships, according to the London-based shipbuilding industry research company Clarkson. Four went to Korea and…

Justice and home affairs ministers last week rubberstamped six legislative proposals of the EU's third maritime safety package, which aims to reduce maritime accidents and pollution in Europe. The package, tabled by…

A Global Industry Alliance (GIA) has been launched to tackle the threats of marine bio-invasions caused by the transfer of alien plants and animals in ship ballast tanks. The Alliance, made up…

Deep Sea Supply (DSS) has cancelled the contract with Jaya Shipbuilding and Engineering Pte. Ltd. ("Jaya") pursuant to which DSS was to take delivery of Hull No 875 to be named "Sea…

Swiss-based Allseas Group has awarded the complete detailed design of their Pieter Schelte project to the Finnish consulting and engineering company Deltamarin Ltd. The total volume of the contract is about 200…

The South Korean company STX Heavy Industries Co., Ltd. and the German propulsion specialist Schottel, will be cooperating in the area of large Rudderpropeller systems for underwater installation such as used on…