Bharati Shipyard (BSL), India?s second-largest private sector ship-builder, is understood to have acquired the UK-based Swan Hunter Shipyard for an undisclosed amount."The entire machinery and equipment from Swan Hunter will be dismantled…

Tallink s newest passenger ferry "Star" was delivered from Aker Yards Helsinki yard today. The 110 million euro newbuilding will start regular crossings between Helsinki and Tallinn and will be capable of…

Germany will fully support an EU free trade agreement (FTA) with Korea, as it will boost bilateral trade and investment between the two economies. "We will most probably see a swifter resolution…

The Craig Group?s biggest ever platform supply vessel has been launched in Spain. The Grampian Talisman represents an investment of £12 million by the global shipping and energy services company and will…

Sri Lanka?s Colombo Dockyard Limited (CDL) has secured a $36.6 million order for construction of two 89 metre, 250 passenger capacity ships for the Government of India. The significance of the award…

A total of 45 companies from across Europe have joined forces to push for the creation of a Joint Technology Initiative (JTI) for fuel cells and hydrogen technology. The companies, which include…

Chinese shipbuilders are continuing to win new orders for bulk carriers and tankers. Enterprise Shipping has ordered three 92,500DWT bulkers from Jinling Shipyard with delivery of 2010 at a cost of $47…

MOL in Japan will launch 44 iron ore bulk carriers by from April this year to early 2012. The move is part of MOL's growth strategies in the new midterm management plan…

The EU has reportedly told China that it would face a growing threat of trade penalties unless it curbed its capacity expansion in steel and shipbuilding. EU industry commissioner Günter Verheugen gave…

The French DCNS group unveiled its new corporate identity symbolising the group's new organisation and ambitions following the integration of Thales's naval businesses in France (though not its naval equipment businesses). The…