FloaTEC Singapore, an equal joint venture between Keppel FELS and J Ray McDermott, signed a contract worth about $1 billion with the Papa-Terra joint venture, consisting of Petrobras and Chevron, to build…

After successful results with four existing ro-ro vessels, Cobelfret has ordered the coating of the thruster tunnels of five newbuild vessels, four of which have been coated recently.

An optimised propeller from MAN Diesel has helped the Scandlines 21,154 grt ro-pax ferry Sassnitz achieve increased efficiency of 12% on its daily sail between Trelleborg, Sweden and Sassnitz, Germany.

Hyundai Heavy Industries has produced an aggregate of 20 million horsepower in 4-stroke engines in the record time of 19 years and 7 months.

Still in the grip of an economic downturn, the shipping industry is struggling to manage the gap between shrinking budgets and the costs of maintaining quality safety and environmental performance through competence.…