Shipbuilder Abu Dhabi MAR Group plans to form a joint venture with Germany's ThyssenKrupp AG to design and build naval frigates and offshore patrol vessels.MAR Group said the two companies signed a…

Wärtsilä Corporation and Zhuhai Yuchai Marine Power Co Ltd, a subsidiary of Guangxi Yuchai Machinery Group Co Ltd, have jointly signed a licence agreement for the manufacture and sale of Wärtsilä RT-flex…

According to Germanischer Lloyd, maintenance costs represent nearly 20% of all shipping operational costs. Independent sources say that expenditure on repairs and maintenance has increased lately across all vessel categories. In respect…

An EU-funded program of research, led by BMT Group, is evaluating the effectiveness of ship evacuation models. Named Safeguard, the project is addressing requirements recently highlighted by the IMO Fire Protection Sub-Committee,…

The new version of MAN Diesel's 28/33D engine boasts an improved design and is available in 12-, 16- and 20-cylinder versions, with respective power outputs of 5,460, 7,280 and 9,100 kW. With…

Headquartered in Germany, DVB Bank AG predicts that the next several years will be tough for shipbuilders across the world and only the fittest would survive. Geir Sjurseth, the managing director and…

Brazil's state-owned oil company Petrobras recently met with South Korean shipbuilding-related delegate, comprising Kim Tae-ho, the governor of South Gyungsang province and officials from four shipbuilders in the province, in Rio de…

The two Russian-owned shipping companies Aqueda Shipping Limited and Mariora Shipping Limited have not achieved funding for the construction of two advanced trawlers within the time that was agreed in the contract…