The Romanian government has launched tenders for the sale of its shipbuilding facility in the southeastern city of Mangalia, the national State Assets Agency (AVAS) said. The state plans to sell the…

US-based Pearl Seas Cruises of Guildford, Conn., an offshore affiliate of American Cruise Lines, has confirmed that it will have a second cruise ship built at the Halifax Shipyard, part of the…

Singapore's Jurong Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured two conversion contracts worth a total of $88 million. The first involves conversion of the 188,697 dwt tanker, the S.T. Polar…

Wärtsilä has signed an agreement to acquire the marine business of Railko Ltd. in the UK, a company specializing in synthetic stern tube bearing technology. The net sales of the company's marine…

Aboitiz-owned shipbuilder FMBA Marine Inc. in the western Cebu town of Balamban, Philippines, has signed a contract to build another catamaran ferry for a company in New Caledonia in the South Pacific.…

U.S. group Eminence plans to pour $30 billion into building a steel plant and auxiliary establishments in Vietnam's central region according to local newspaper Young People. Eminence will submit its investment plan,…

BAE Systems and VT Group have agreed the terms on which to merge their shipbuilding interests, but an announcement has been delayed by political uncertainties over plans for the Royal Navy's new…

China has begun an ambitious effort to build a fleet of more than 90 VLCC tankers to improve its control over oil imports, vital to sustaining a booming economy, shipping industry experts…

The Italian government expects to carry out an initial public listing of shares in the state owned shipbuilding company Fincantieri SpA next spring, said economy undersecretary Massimo Tononi. Tononi and transport ministry…

The Indian Defence Minister A.K.Antony has publicly confirmed that the Indian Navy would get a third aircraft carrier by 2017 in addition to the Admiral Gorshkov and the indigenous Air Defence Ship…