Author: Importer

The new shipbuilding consortium Bulyard and Cyprus-registered Bulcon have signed a letter of intent for one 9,300DWT and one 42,000DWT general cargo ships worth $35 million. In May, Bulgarian shipping company Navigation…

South Korea will launch a 13,000 tonne large-deck landing ship as part of its naval force improvement programme. The amphibious ship, called LPX, was unveiled at Hanjin Heavy Industries shipyard in Busan…

DFDS has signed a 10-year time-charter deal with an option on a further three years for two ro-ro vessels with Macoma Shipping Ltd. The vessels will be built at the Jinling Shipyard…

The Indian Coast Guard has received a new patrol vessel, built at Goa Shipyard, named ?ICG Kasturba Gandhi? and is claimed to be the fastest of its type in the world. The…

The "floating city", one of the world's largest newbuilding projects, will be constructed in Isdemir Port in the Gulf of Iskenderun on the Eastern end of the Turkish Mediterranean coast, at a…

Dubai-based Gulf Energy Maritime (GEM) took delivery of the second of four vessels it has on order from Korean shipbuilder, Hyundai Heavy Industries, in a deal which has seen the tanker operator…

Mitsubishi Heavy Industries has developed a new low-speed marine diesel engine, the UEC50LSE, in cooperation with Wärtsilä Switzerland Ltd. MHI initially reached an agreement with Wärtsilä in November 2002 toward joint development…

Electronic Sensor Technology, Inc., has developed a new technique for screening cargo containers. To date, the most reliable way to search for illicit materials in cargo containers is by manual inspection and,…

Mitsubishi Heavy Industries (MHI) is bidding to buy Westinghouse Electric of the USA and has begun negotiations with the UK-based BNFL which owns Westinghouse. The two sides could reach a deal, estimated…

Venezuela's state-run Ferrominera del Orinoco and Italy's Danieli Spa signed a $570 million agreement for the construction of steel plant in eastern Venezuela. A government official said the factory would produce steel…