Author: Importer

Target Marine in Greece has placed an order for four plus six 81,000DWT bulk carriers with C& Heavy Industries in South Korea at the price of $ 400 million. They will be…

Oil Sea Harvester, an EU funded project, is developing an innovative ship design for tackling oil spills in rough seas. The decision to design such a ship was made in the aftermath…

Namura Shipbuilding in Japan clinched a 228,000DWT bulk carrier from MOL. Scheduled for delivery in early 2009, the Cape size bulker will have a length of 319.6m, a breadth of 54m and…

Wärtsilä and Hyundai Heavy Industries Co. Ltd (HHI) signed an agreement to set up a 50/50 owned joint venture in Korea to manufacture dual-fuel engines for LNG carriers. The total investment in…

Another container ship for the Hamburg shipowner E.R. Schiffahrt was officially named at the Hyundai Mipo shipyard in Ulsan, South Korea. The ?E.R. Martinique? is a 2,824 TEU sub-Panamax class newbuilding that…

Vinashin, Vietnam's state-run shipbuilder, plans to privatize all its subsidiaries this year to raise funds for expansion, a recent government report said.The report quoted Vinashin executive Pham Thanh Binh as saying privatisation…

Throughout most of the post-war years, France maintained two aircraft carriers but this changed when the Foch, the last Clemenceau Class carrier, was retired in November 2000. Since then, France has lacked…

Kawasaki Kisen Kaisha, Ltd. in Japan has recently launched the "Corona Lions," a new 85,600 DWT-type coal carrier at Oshima Shipbuilding.The Corona series, which "K" Line originated and continues to develop, is…

Gulf Energy Maritime (Gem) has taken delivery of the second of 13 double-hulled tankers on order with Korea's Hyundai Mipo Dockyard (HMD) in less than three months.The $57 million ?Gulf Elan? is…

Salvors are seeking a meeting with EU Fisheries and Maritime Affairs Commissioner Joe Borg to present their case for the adoption of new measures to reduce the risk of another spill disaster…