Author: Importer

Aker Yards ASA reported an EBITA (Earnings Before Interest, Taxes and Depreciation) of NOK 148 million in the second quarter, which corresponds to an EBITA-margin of 4.5%. The margin so far this…

Hyundai Merchant Marine (HMM) has ordered three 4,700TEU container ships from Hyundai Heavy Industries at a total cost of $200million. Ship particulars are 294.1m long, 32.2m wide, a depth of 21.8m, speed…

MAN B&W Diesel has received an order to supply 4 x 20RK280 engines to Italian ship builder Fincantieri. The Italian company has secured a contract to build a 122 metre monohull fast…

Concordia Maritime signed an agreement to participate on a 50/50 basis in a consortium, which will own two Panamax product tankers built to Finnish/Swedish ice class 1A specifications and ordered by Concordia…

A number of South Korean shipbuilders are currently holding discussions with ExxonMobil on a multi-billion dollar deal to build liquefied natural gas (LNG) carriers for the global energy giant. Exxon has been…

Norway-based DOF ASA has confirmed the conditional contract to build an MT 6009 Platform Supply Vessel (PSV) at Aker Brattvaag, a company in the Aker Yards Group. The contract is worth approximately…

Holland America Line (HAL) has installed Spurs Marine?s line and net cutter system on both cp propellers of its cruise ship Volendam. This follows a similar installation on the sister vessel Veendam…

NYK has concluded a long-term charter agreement for two 149,600 cubic metre membrane type LNG carriers with Nigeria LNG Limited and a shipbuilding contract for the new gas carriers with Samsung Heavy…

Bharati Shipyard, Mumbai, one of leading private owned shipyards in India, received a repeat order for two 80 tonne bollard pull anchor handling tug supply vessels (AHTS) from the Great Eastern Shipping…