A 50.4% stake in DSME is due to be put up for sale later this year and Doosan Group?s expected bid for a controlling stake in South Korea?s Daewoo Shipbuilding and Marine…

Japanese shipping company NYK Line has pledged to invest millions of dollars in cutting its overall emissions even as it plans a substantial fleet expansion. According to the company's corporate social responsibility…

Wartsila has announced a new partner for trials of its new marine engine that is capable of significantly reducing emissions, without restrictions on the fuel specification. The marine engine manufacturer has joined…

The maritime industry needs to be proactive, not reactive, to issues facing it and shouldsee new challenges as opportunities and not as threats, according to Dimitrios Theologitis, head of unit, Maritime Transport…

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a contract from the Norwegian drilling and production contractor Larsen Oil & Gas to build a deepwater semi-submersible drilling rig at a…

The European Commission has refused to extend the deadline for the privatisation and restructuring plan for three Polish shipyards. EC Spokesman Jonathan Todd confirmed that today marks the deadline for Poland to…

Enel SpA is in talks with Norway's Hoegh LNG to jointly develop a floating liquefied natural gas (LNG) ship, a Hoegh spokesman said. "I can confirm Enel is one of the parties…

STX Shipbuilding has won an order worth 109 billion won ($105 million) from a European company to build two oil tankers. The two tankers will be delivered by Dec. 31, 2010.

Hyundai Mipo Dockyard has clinched orders worth 302.3 billion won ($291.6 million) to build seven bulk carriers for a Middle Eastern shipping company. Delivery of the vessels is scheduled by May 2012.

Sealion Shipping Ltd in the UK has, on behalf of Toisa Ltd, placed an order with the ABG Shipyard in India for the construction of three new, large multi-purpose offshore support vessels.…