General News

Siem Offshore Inc. in Norway has signed contracts for two large and environmentally friendly anchor handling vessels (AHTS) with Norwegian shipbuilding group Kleven Maritime. Kleven Verft in Ulsteinvik, Norway, in cooperation with…

Lloyd?s Register North America, Inc., U.S. Bancorp, and Resurgence Software have collaborated to create the patent pending Voyager Maritime Payment Solution, a seamless, secure, and quality-assured method of acquiring and financing fuels.…

Damen Shipyards Group has purchased 49% of the shares of Albwardy Marine Engineering (AME), Dubai, UAE. AME is active in ship repair, shipbuilding, repair of offshore units and diving activities and has…

With the Tamil Nadu cabinet clearing the project, Larsen and Toubro Ltd (L&T) will move ahead to set up a Rs3,000 crore new shipyard-cum-port project at Kattupalli in Thiruvallur district of Tamil…

Japanese heavy machinery maker IHI Corp. and steelmaker JFE Holdings Inc. are engaged in talks to merge their shipbuilding operations to create the world's sixth largest shipbuilder. JFE, the world's third-biggest steelmaker,…

The first application of the SkySails towing kite propulsion system on a cargo vessel has been undertaken by Beluga Shipping GmbH. The multi-purpose heavy lift vessel was recently christened ?Beluga SkySails? and…

A Yarmouth shipbuilding yard recently launched a 19 metre trawler. The vessel, the ?Amethyst?, slid down the slipway at Richards Dry Dock & Engineering (RDDE) in Great Yarmouth, England, and will soon…

Mumbai-based Bharati Shipyard is all set to construct a greenfield modern shipyard at Usgaon near the Dabhol port in Maharashtra's Ratnagiri district. The new yard would have the capacity to build vessels…

Korean shipbuilder Hanjin Heavy Industries and Construction Co. has signed a deal to build a $2 billion shipbuilding complex with the Phividec Industrial Authority, the state-run agency tasked to develop industrial sites.…

Hyproc Shipping Co., Algeria's state- owned shipping company, plans to buy enough tankers to carry half the nation's crude-oil production, Oil Minister Chakib Khelil said. Algeria, Africa's fourth-largest oil producer, owns one…