General News

The New Delhi-based infrastructure major Punj Lloyd has acquired a 25.1% stake in Pipavav Shipyard (PSL) for Rs 403 crore. The deal, done through preferential allotment, is seen as a strategic investment…

The Russian tanker operator Primorsk Shipping Corporation (PRISCO) recently launched ?PRISCO Alcor?, its second Suezmax type tanker. The 166,000 DWT newbuilding is under construction at Hyundai Heavy Industries Shipyard in South Korea…

New regulation 12A of Annex I of MARPOL on oil fuel tank protection, adopted by MEPC 54 on 24 March 2006 will come into force. It sets out the requirements concerning the…

Work at the Limbe shipyard project, the second biggest infrastructural venture in Cameroon after the Chad-Cameroon pipeline, is running on schedule. Good progress has been made as work on the 700m x…

China's most advanced salvage vessel "Nanhai 101" was recently launched at Guangzhou Huangpu Shipyard and will be delivered in October to the to Nanhai Rescue Bureau in the Ministry of Communications. The…

Nordcapital Group and Hyundai Heavy Industries (HHI) signed contracts for the building of eight massive container ships with a capacity of 13,100 TEU each. These will be the largest container ships HHI…

Hyundai Heavy Industries Co., Ltd. (HHI) recently launched an 82,000 m3 LPG carrier for Norwegian company BW Gas, formerly known as Bergesen. This is the first LPG carrier built on the ground…

The Australian Marine Complex (AMC), Australia?s premiere shipbuilding precinct, has been a hive of activity recently with the opening of a new wharf. Located on the shores of Cockburn Sound, 23 kilometres…

Mitsui O.S.K. Lines, Ltd. (MOL) has announced that, together with the Kansai Electric Power Co., Ltd., and Iino Kaiun Kaisha, Ltd. (Iino Lines), it has agreed on joint ownership of a newly…