Wärtsilä and Jiangsu Rongsheng Heavy Industries Group Co Ltd (RSHI) have jointly signed a licence agreement for the manufacture and sale of Wärtsilä low-speed marine diesel engines by RSHI in China. RSHI…

Wärtsilä?s ship design and marine consultancy subsidiary, SCHIFFKO GmbH, based in Hamburg, has been awarded a contract from the Alfred Wegener Institute for Polar and Marine Research of Bremerhaven, Germany, to design…

Croatian Economy Minister Damir Polancec recently appeared to suggest that local shipyards may face closure if they are unable to run profitably once the country joins the European Union. The EU candidate's…

Samsung Heavy Industries has won a deal valued at 1.35 trillion won ($1.3 billion) to build two drill ships. The deal with an American company calls on Samsung to deliver the vessels,…

As much as 1.4 billion ringgit ($438.87 million) worth of contracts will be up for grabs for Malaysian firms as Finland's Sunborn International plans to move all its shipbuilding activities to Malaysia.…

After nearly one and a half years of research and development, the EU-funded METHAPU (Validation of renewable methanol based auxiliary power systems for commercial vessels) project is about to start trials on…

Rolls-Royce has signed a memorandum of understanding (MoU) with Vietnam Shipbuilding Industry Group (Vinashin) in Hanoi with the aim to help develop Vietnam's fast-growing marine industry. The scope of the partnership will…

Wärtsilä has signed a global service agreement with the leading screw pump manufacturer IMO AB of Sweden to establish a stronger after-sales network for IMO's complete product range. The cooperation agreement signed…

Vyborg Shipyard in Russia will start building a new super shipyard that will enable it to build oil tankers and LNG carriers with deadweight of more than 170,000 tonnes making it the…

Malaysian shipbuilder Coastal Contracts Bhd expects to secure a further $126 million worth of new offshore support vessels (OSV) orders this year, said executive chairman Ng Chin Heng.Ng said the Sabah-based company…