General News

Aker BioMarine and Aker Yards have agreed an option for building a 144 metre long 27 metre wide vessel for harvesting of krill. Designed by Skipsteknish in Alesund, the value of the…

South Korea has chosen Samsung Thales to develop weapons and radar systems for a new fleet of 2,300-ton frigates over the next five years, the country's defence procurement agency said. The country…

Norwegian marine coating producer Jotun has agreed to invest $29 million to establish a factory in the Busan-Jinhae Free Economic Zone in South Korea. A joint venture between Jotun A/S and Chokwang…

Italy, a limited supplier of military equipment to India, has proposed the two countries join forces to develop defence products. During a recent visit to India, Lorenzo Forceri, Italian deputy defence minister,…

Hyundai Samho Heavy Industries received orders from Liquimar in Greece for a 166,000 dwt crude oil tanker and from Metrostar in Greece for three 165,000 dwt crude oil tankers.The Liquimar vessel will…

Malaysian shipbuilder NGV Tech Sdn Bhd has secured a $70 million contract to design, build supply seven vessels to Saudi Arabia-based Bakri Navigation. The orders are for two units of the 35.8…

Formosa Plastics Marine, the shipping arm of the Taiwan oil and petrochemical company Formosa Plastics, has ordered two containerships of 1,118 TEU ('CV 1100' design) at the Qingshan Shipyard in China.

MAN Diesel has put its new marine gas engine through its paces for the benefit of decision makers from the global market for LNG carriers. MAN Diesel?s new 51/60 DF engine is…

Bureau Veritas (BV) has enjoyed another record-breaking year, with a sustained growth of fifteen per cent in net sales to the end of June, 2006.Speaking at the tenth annual Bureau Veritas Beaujolais…

The Chennai-based Goodearth Maritime Ltd. (GML) is planning to build a 405-hectare shipyard on the east coast of India with Korea Maritime Consultants Limited (Komac). The first phase of the project is…