General News

State-owned Vietnam Shipbuilding Industry Corporation (Vinashin) will receive $76 million in loans from the Fund for Development to build five 53,000 DWT dry bulk carriers. This represents up to 65% of the…

Mitsui O.S.K. Lines (MOL) has decided to build 10 large car carriers that will be delivered from 2007 to 2009. The new construction plan follows a series of six carriers delivered in…

SCHIFFKO GmbH, the Hamburg-based ship design and consultancy company, has been awarded the contract for comprehensive consultancy services to UASC, United Arab Shipping Company, for their procurement of 8 new jumbo-size container…

The big three Korean shipbuilders have secured a $3.5 billion order to build 8 LNG carriers which form part of the second phase (Qatar Liquefied Gas II) of a huge gas development…

Following earlier announcements, Aker Yards will combine its entities in Finland into one organization and, in order to cover the costs of this restructuring, a non-recurring provision in the level EUR 18-20…

The Shanghai-based Hudong-Zhonghua Shipbuilding (HZ) facility is the first Chinese yard to win a contract for post-Panamax container ships with a five-ship deal from China Shipping. China's largest domestic built container ships…

Organised by the Japan Ship Centre (JETRO), a seminar presentation is being made on the ?Mega-Float technology and its future potential?. The ?Mega-Float? was born from a Japanese R&D project initiated in…

Man B&W will transfer technology for the assembly and manufacturing of hydraulic machinery to the Viet Nam Shipbuilding Industry Corporation (Vinashin) to assist in the modernisation of its production lines. The aim…

The Canadian government has awarded a $69.7 million contract to Victoria Shipyards Company, a West Coast shipbuilder, to build six vessels to be used for basic naval training and development of junior…

Turbomeca, part of snecma group, has developed the TM 1800, a gas turbine genset, which is designed for sea propulsion and electricity generation, railways applications, combined heat and power (CHP), emergency power…