Author: Importer

Voith Turbo GmbH & Co. KG in Germany has acquired the share majority in AIR Fertigung-Technologie GmbH & Co. KG based in Hohen-Luckow near Rostock. With this move, Voith Turbo strengthens its…

Dutch dredging services provider, Royal Boskalis Westminster NV, has contracted China's Yantai Raffles Shipyard to build a 21,500 dwt offshore rock dumping fall pipe vessel valued at around $177 million.The vessel, measuring…

Despite the boom in the global shipbuilding market, Indian shipyards face the threat of becoming less competitive following the expiry of the five-year government subsidy scheme about two months ago. The shipyards…

Delivery of each of Scan Geophysical ASA's three newbuilds has been delayed by three months. Based on updated production schedules from the ABG Shipyard in India, the new delivery dates will be…

For the first time, a foreign shipyard has picked up a stake in the emerging Indian ship building and ship repair industry. Singapore-based SembCorp Marine has recently bought a 3.31% stake in…

Keppel FELS, a subsidiary of the Singapore-based industrial conglomerate Keppel Corp, has won a $206 million contract from Floatel International Ltd to build a 500-man semi-submersible accommodation vessel. Delivery is scheduled for…

W?¤rtsil?¤ and V.Ships have agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Drawing on W?¤rtsil?¤'s strengths as a supplier…

The Chinese shipyard of Yantai Raffles recently installed the world???s largest crane, called ???Taisun???, capable of lifting 20,000 tonnes and currently undergoing testing and commissioning. Brian Chang, chairman of Yantai Raffles Shipyard,…

After building a $720 million shipyard in Subic, Korean industrial giant Hanjin Heavy Industries Co. is planning to expand its shipbuilding business in the Philippines with another large shipyard. Hanjin has already…

The third product tanker built by Aker Philadelphia Shipyard in the US was recently delivered marking the first time in the yard???s history that three vessels were completed in the same year.…