Reinforcing India?s growing stature as a shipbuilding nation, the country?s biggest engineering firm Larsen and Toubro Ltd (L&T) has won a contract valued at about $240 million (Rs962.4 crore) to build four…

The French company Nexans, one of the leading players in the cable industry, has signed a three-year contract worth $13.4 million to supply 3,146 km of its special marine cables to be…

Three European nations, Germany, Norway and Finland, have submitted a joint proposal to the IMO supporting a move to distillate bunker fuels for ships. They suggest that the switch away from residual…

The Industrial Engine Business Unit of Cummins India Limited (CIL) has inaugurated its new integrated manufacturing facility at the Cummins India Limited Kothrud Campus, Pune. CIL has invested $20 million on this…

The ?working relationship? between the European Commission and the IMO was reinforced at the end of last week with a top-level meeting, but fast action will be required at the IMO to…

A South Korean company has obtained the exclusive right to use a ship repair yard in North Korea. The right to use Ryongnam Ship Repair Factory in the western port city of…

State-owned Shipping Corporation of India (SCI) is finally making an entry into the offshore segment in the next three months, something which has been on the cards for the past three years.The…

Ulstein Sea of Solutions, designer of complex offshore vessels, has won the Industrial Marketing Award 2008. Maria van der Hoeven, Dutch Minister of Economic Affairs, revealed the winner, which according to the…

Cicek Shipyard has begun construction of the first of three 58,000 dwt Supramax bulk carriers, the largest vessels ever to be built in Turkey. Ordered by the Bayraktar Shipping Group, they will…