General News

Alfa Laval AB, the world?s biggest maker of heat exchangers, said it will cut 1,000 jobs in the first half after a number of ship builders cancelled orders. The marine and diesel…

Swiss engineering company ABB Ltd (ABB) has won orders worth $30 million for electric propulsion, power generation and power distribution systems that maximize the fuel efficiency of offshore supply vessels to be…

The California State Lands Commission recently issued a report that assessed the efficacy, availability and environmental impacts of currently available ballast water treatment technologies. Said the report: "Thus at least two systems,…

American Superconductor Corporation (AMSC), a leading energy technologies company, and Northrop Grumman Corporation (NOC) have successfully completed full-power testing of the world?s first 36.5 megawatt high temperature superconductor (HTS) ship propulsion motor…

Indian shipbuilder ABG Shipyard could see the cancellation for an order of three seismic vessels from Norwegian owner Scan Geophysical which recently stated that it was unable to sign a sale and…

Hyundai Heavy Industries (HHI) has beaten the world?s largest delivery record for large sized vessels, delivering 102 vessels in 2008. On 29 December last year, HHI held a naming ceremony for a…

Daewoo Engineering & Construction has signed a contract worth QR2.2 billion ($610.6 million) with Qatar Petroleum (QP) to develop a shipyard in Qatar. Daewoo put the value of the order at 895.1…

Confident that the present economic downturn will not hit its ambitious Rs 2,000 crore shipyard plan near Chennai, Larsen and Toubro (L&T) said that to begin with it would start building naval…

Herma Shipping and Transport Corp. is set to deliver a double-hulled tanker to Chevron Philippines, the country?s third-largest petroleum company, by the first quarter of the year. The company, which is reviving…

Sri Lanka is trying to enhance its ship building capacity with the government inviting foreign investors to set up a ship yard at a new port being built in the south of…