General News

South Korean shipbuilder STX is shedding over 350 jobs in France through voluntary departures at the Saint-Nazaire shipyard. The yard employs around 2,410 people and has received no new orders for civilian…

The Singaporean Keppel Offshore & Marine Company has recently signed a memorandum of understanding in Baku, Azerbaijan, for the construction and operation of a new shipbuilding yard.The facility will be built near…

Bangladesh shipbuilders said a number of joint venture investments are likely to come from Denmark, Germany, France and few other countries that would help reduce the dependence on overseas firms ranging from…

Bourbon?s dry bulk subsidiary, Setaf Saget, is facing delivery delays for four Panamax bulk carriers from India?s Pipavav Shipyard. The vessels were ordered from Pipavav alongside a series of ten Supramaxes from…

Australian shipbuilder Austal, based in Western Australia, is close to completing a new $29.25 million luxury yacht. This is first yacht that Austal has built in four years, following a disastrous fall…

The chairman of South Korea's STX Group added to the growing pessimism in the global shipbuilding industry by arguing that the company should move to hedge its bets in the emerging renewable…

Genoa-based classification society RINA has teamed up with specialist certification services provider SPM Instrument SRL of Italy and the Italian Ship Research Centre CETENA to help cope with an increase in demand…

Wärtsilä is one of the leading companies driving a major Finnish national three-year combustion engine technology research programme. The initiative has been set up by a wide and cross-functional consortium of Finnish…

Wärtsilä has signed a contract to design and supervise the construction of a modern oceanographic research vessel for the marine wing of the Geological Survey of India (GSI). The order was received…