General News

The San Francisco Bay Area Water Transit Authority (SFBAWTA) has issued a Letter of Intent to award a contract to Nichols Brothers Boat Builders for the construction of two new 149 passenger…

BAE Systems and VT Group are considering joining forces as a fallback plan if they decide not to press ahead with a bid for rival warships builder and support services company Babcock…

The Adani Group in India is in an advanced stage of negotiations with at least three international shipbuilding companies, two in South Korea and one in Japan, to forge a strategic partnership…

To meet the strong level of market demand and to support the company's growth target, Wärtsilä is investing in higher efficiency and capacity for engine assembly and testing. This means an aggregate…

The Qatar tanker company, Q Ship, took delivery of ?Mesaieed?, which is the fifth unit in a series of six 105,000 dwt Aframax tankers under construction at Hyundai Shipyard, Korea. This vessel…

Hyundai Heavy Industries delivered a 9,100TEU container ship to Peter Dole. Named as MSC Madeleine, she is 348.5m long, 42.8m wide and has a depth of 27.2m. The Hyundai built MAN B&W…

Fincantieri created an international network for refitting and refurbishment services by acquiring a shareholding in the German shipyard Lloyd WerftFincantieri and Bremer Investitions-Gesellschaft mbH (BIG), the service provider for regional and business…

Hanjin Heavy Industries secured an order for four 3,100TEU container ships from a European ship owner. Total contract price is $248 million and will be delivered by May 2009.

Larsen & Toubro (L&T), India's largest construction and engineering firm, aims to invest more than $111 million to build a second shipyard and grab a share of the global demand for vessels,…