Month: December 2009

Rolls-Royce has announced an order to supply 24 lightweight waterjets for the UAE Navy?s fleet of fast patrol boats. The UAE Navy has ordered 12 new fast patrol boats, based on the…

Malaysian shipbuilder NGV Tech has acquired a 66% equity interest in South Korean shipyard, TKS Co Limited. The $76 million deal means that TKS will become a subsidiary of NGV and will…

The Japanese engine manufacturer, Niigata Powers Systems, has received an order for 22 sets of high-speed diesel engine to power new patrol vessels for the Japanese Coast Guard. The compact and lightweight…

The design work for the optimisation of oil tankers in terms of efficiency and safety carried out jointly by Germanischer Lloyd (GL) and the National Technical University of Athens (NTUA) won the…

Golden Ocean has cancelled orders for two 75,000 DWT Panamaxes at the Pipavav Shipyard in India due to construction delays. Chief executive Herman Billung confirmed the company has cancelled the two Panamaxes…

The European Commission recently held the preparatory meeting for its new knowledge-sharing network of carbon capture and storage (CCS) demonstration projects. The meeting gathered delegates from 22 projects in 13 European countries.…

Ecospec Global Technology Pte Ltd ("Ecospec") is making headways in helping both onshore and marine industries to tackle emissions issues with a series of corporate activities taking place at COP15 in Copenhagen.…

Croatia plans to make another attempt to sell off five shipyards in January next year after the previous tender failed. The country must privatize the shipbuilders and stop subsidies if it wants…

Japan is providing financial support to shore up slumping vessel exports amid flagging demand from ship owners. The government-affiliated Japan Bank for International Cooperation signed a general agreement for arranging an export…