General News

The surge in liquefied natural gas (LNG) carrier newbuildings and the accompanying development of a new generation of these specialized ships has generated interest in alternative propulsion systems. These alternatives are addressed…

SMIT is taking another step in its strategy to expand its harbour towage activities by acquiring 50% of Rebocadores do Brasil S.A. (Rebras). Rebras already owns three 55 tonne bollard pull harbour…

ASL Marine headquartered in Singapore, has clinched new deals worth $24 million. The latest contracts are for the construction of three work barges and four rotor tugs to be delivered to customers…

Dutch bank ABN Amro's specific purpose company CDC in Brazil has signed a contract with Brazil's federal energy company Petrobras to build the topside of the P-53 FPSO. This FPSO will produce…

The revised and expanded Rules for Materials and Components of Germanischer Lloyd (GL) are now available. The Rules define the properties of various metallic materials and lay down the requirements for the…

NorseMerchant Ferries, recently acquired by Norfolkline, has introduced its latest Italian-built passenger/freight ferry onto the Irish Sea ahead of schedule. The ship in question is the 26,500 gt ropax ferry Mersey Viking,…

The French government has announced a tie-up between defence company Thales SA and state-owned warship builder DCN, a long-anticipated deal seen as a step toward wider consolidation in European shipbuilding. The government…

The British government gave approval for an alliance of five shipbuilders to press ahead with designing the biggest warships ever built in the UK. The Aircraft Carrier Alliance consortium would also now…

Korea Gas Corp., the world's biggest buyer of liquefied natural gas, is seeking a $938 million loan to purchase four LNG tankers for a joint operation it is setting up with three…

The Letter of Intent for two fast ropax day ferries signed on 2 November by Aker Yards and Color Line has been confirmed as a firm contract worth approx. EUR 250 million.The…