General News

FOLLOWING the success of the 2000 event, International Transport Intermediaries Club (ITIC) is holding a two-day Forum for its Members on 28-29 September, 2004. The Forum, to be held at the Dorchester…

Leading marine management company Inchcape Shipping Services (ISS) is continuing its ongoing investment in support services for the Middle East, having today ordered another launch vessel to be added to its growing…

Following two years of acrimonious negotiations and legal challenges, the Australian federal government and the Swedish submarine designer Kockums have resolved to settle all outstanding disputes involving the Collins-class submarines. This breakthrough…

Norwegian Cruise Line (NCL) said that repairing the Pride of America cruise ship, damaged while being fitted out at the German shipyard of Lloyd Werft where it was undergoing a $340 million…

The fourth Ro-Ro vessel in DFDS's current order of six new ships from German shipbuilder Flensburg Shipyard was named the Tor Begonia. The newbuilding which, according to the plan, will be delivered…

In April 2004, Wärtsilä signed a co-operation agreement with a maritime training academy in Turku, Finland, AB Utbildning Sydväst (Sydväst Maritime). Through this agreement Wärtsilä Land and Sea Academy (WLSA) provides accredited…

Daewoo Shipbuilding in South Korea claims it will achieve $17 billion turnover and $2.5 billion in operating profit by 2015. Jung Seong Leep, executive president & CEO of the shipbuilder, said that…

In the first quarter of the year, Hyundai Heavy Industries (HHI) posted $1.8 billion in sales, a 12% increase from the same period last year while it achieved $17 million. This is…

Germany's shipbuilding sector is facing a major restructuring in the wake of plans proposed by the ThyssenKrupp group to merge its shipyard business with that of US company One Equity Partners (OEP).…

Southampton-based VT Group will confirm its interest in buying the BAE Systems' yards at Govan and Scotstoun which will spark fresh fears for the future of the 2,300 Clydeside jobs. VT?s chief…