Author: Importer

The Singaporean Keppel Offshore & Marine Company has recently signed a memorandum of understanding in Baku, Azerbaijan, for the construction and operation of a new shipbuilding yard.The facility will be built near…

Bangladesh shipbuilders said a number of joint venture investments are likely to come from Denmark, Germany, France and few other countries that would help reduce the dependence on overseas firms ranging from…

Bourbon?s dry bulk subsidiary, Setaf Saget, is facing delivery delays for four Panamax bulk carriers from India?s Pipavav Shipyard. The vessels were ordered from Pipavav alongside a series of ten Supramaxes from…

Australian shipbuilder Austal, based in Western Australia, is close to completing a new $29.25 million luxury yacht. This is first yacht that Austal has built in four years, following a disastrous fall…

The chairman of South Korea's STX Group added to the growing pessimism in the global shipbuilding industry by arguing that the company should move to hedge its bets in the emerging renewable…

Genoa-based classification society RINA has teamed up with specialist certification services provider SPM Instrument SRL of Italy and the Italian Ship Research Centre CETENA to help cope with an increase in demand…

Wärtsilä is one of the leading companies driving a major Finnish national three-year combustion engine technology research programme. The initiative has been set up by a wide and cross-functional consortium of Finnish…

Bergen Group in Norway has signed a letter of intent with ?resundvarvet AB regarding divestment of the Swedish hull shipyard Landskronavarvet AB north of Malmo. The divestment will give Bergen Group a…

Keppel Philippines Marine Inc. said its facility in Cebu will remain closed indefinitely after business inquiries from both the local and international markets remain weak.Keppel said there is stiff competition in the…

The international association of tanker owners' (Intertanko) policy on Greenhouse Gas (GHG) emission reductions from ships, as approved by the Association?s Council, has been written into a comprehensive policy statement that will…