Converteam, an international company developing systems and customized solutions for the conversion of electrical energy, and the AC drives manufacturer Vacon have entered into a global cooperation agreement. Under the terms of…

Korea Line has ordered three Capesize bulk carriers from an unspecified shipbuilder at a total cost of about $200 million. Delivery is scheduled from 2010 to 2012.

Jade Yachts Shipbuilding, based in Kaohsiung, is to deliver the first ever Taiwan built steel super yacht representing a technology breakthrough and milestone in the nation's shipbuilding sector. "We hope to take…

Global Carriers Bhd in Malaysia has placed an order for two 7,000 DWT double hull clean petroleum product (CPP) tankers from China's Ningbo Dongfang Shipyard. The vessels, priced at $9.98 million, are…

Meyer Werft delivered the 93,500 gt cruise ship "Norwegian Pearl" to Miami-based Norwegian Cruise Line in the Dutch port of Eemshaven. The "Norwegian Pearl" is the third ship out of a series…

Heerema Marine Contractors (HMC) will be placing an order for the construction of a new crane vessel at an estimated cost of $1 billion. The strategy of HMC focuses on full field…

The Michigan Natural Resources Commission has now put the idea of banning ballast water in the Great Lakes on the legislative table. One shipping industry representative says the toll such a ban…

A 10,500dwt bulk carrier built for Japan's NOMA Marine Transport Company was recently launched in northern Hai Phong city. The ship, built by the Bach Dang shipyard company, is the second of…

Dubai Drydocks is looking for new buyers for the four 6,100 dwt bunker tankers it is building for the Emirates National Oil Company (ENOC) after that company decided to cancel the contract.

In the wake of the present boom in offshore oil exploration and production activities in the India, Garware Offshore Services (GOS) has drawn up an acquisition plan involving the procurement of about…