General News

Siemens Energy has sold its Napier Turbocharger business, a 100% subsidiary of the Oil & Gas Division, to the investment firm Primary Capital, London. Napier operates in Lincoln, Great Britain, and employs…

Five large containerships of Greek shipping company Costamare will be the first worldwide to operate in full compliance with MEPC / circ. 471 of IMO regarding operational CO2 indexing. Costamare has registered…

China's oldest shipbuilder, Shanghai?s Jiangnan Shipyard, has moved recently to a new home to make room for World Expo 2010. The shipbuilder, a subsidiary of China State Shipbuilding Corp. (CSSC), moved from…

During the past week, the management of Odense Staalskibsv?rft A/S in Lind?, Denmark, has had discussions with representatives of the yard's employees about the serious financial situation. Even though the employees have…

Australian shipbuilder Strategic Marine is building eight aluminium crew boats on a speculative basis. In a move which is expected to boost its revenues by over $40 million, the company will build…

Hyundai Heavy Industries Co., the world's largest shipyard, has won a 852-billion-won ($837 million) deal to build nine oil tankers. The deal with a European shipping company calls on HHI to deliver…

Lloyd?s Register has developed a voluntary assessment programme, designed to support the practical implementation of the forthcoming ILO Maritime Labour Convention (MLC, 2006) on new and existing ships. Not yet mandatory, the…

Wärtsilä continues to expand its boiler services with the acquisition of the boiler services business of International Combustion Engineering's (I.C.E.) former subsidiary in Dubai. The acquired boiler service business, which currently employs…

The Sultanate of Oman?s record-breaking 65 metre vehicle-passenger catamaran ?Shinas? has arrived in Muscat, Oman, following its 15-day journey from Austal?s shipyard in Henderson, Western Australia. The vessel made the journey under…

Wärtsilä Corporation has re-named its Hamburg-based ship design company SCHIFFKO GmbH to Wärtsilä Ship Design Germany GmbH. The change is effective from 1 June 2008. The name SCHIFFKO is retained as a…