Samsung Heavy Industries, the world's second largest shipyard, more than doubled its fourth-quarter profit as it built more vessels at higher prices. Net income surged to 76.2 billion won ($81million) in the…

The dream of a transcontinental pipeline carrying water from Australias wet north to the drought-stricken southern cities appears all but dead. Rising from its ashes is a proposal to ship water from…

GE - Marine reports that it has completed a major milestone in the three-year marine development and type-testing program on its LM2500+G4 aero-derivative gas turbine. The engine performed flawlessly during high-power demonstration…

The Bach Dang Shipyard, an affiliate of Vinashin, recently handed over the 10,500 DWT dry cargo vessel ?Sun Spirits? to the Japanese NOMA Marine Transport Company (NOMA). The 110m long, 18.8m wide…

Italian classification society RINA has classed the first of Sunseeker?s new 37 metre motor yachts. The Snapper is the largest and most ambitious build in Sunseeker?s history and is the largest semi-custom…

ABG Shipyard in Mumbai, the largest private sector shipyard in India, has bagged a $229 million order from Singapore-based Pacific First Shipping Pte for 12 vessels. The order is for the construction…

The product tanker ?Stena Poseidon? has been delivered from Brodosplit Shipyard in Split. This 75,000 DWT Panamax tanker is jointly owned by Concordia Maritime and Neste Oil on a 50-50 basis and…

Qingdao Hyundai Shipbuilding (QHS) recently held a naming ceremony for a 2,600 DWT general cargo carrier ordered by Mirai Shipping Inc. The vessel named ?Mirai Astro? measures 80m in length, 13.6m in…

An Alabama shipyard this week intends to launch the first of two catamaran ferries ordered by Hawaii Superferry Inc. Superferry, planning to launch its first inter-island has the necessary approvals to launch…

Three well established offshore, ship and tug design and technical consulting companies have joined forces to provide a major new one-stop resource for oil companies, offshore operators, tug owners, ports and shipyards.…