The Defense Ministry?s Song Thu shipbuilding company in Vietnam launched the country?s largest-ever rescue vessel in Danang city to strengthen rescue work in Vietnam?s central coastal areas. The 3500 DWT coastguard vessel,…

The Arab Shipbuilding and Repair Yard (Asry) delivered the $5 million service vessel Nakilat-VI, built for the Kuwait Oil Tankers Company (KOTC). Building the vessel was a matter of pride for Asry,…

Aker Yards has announced its new business model for its shipyards in business area Cruise & Ferries. The new business model, presented to the management and employee representatives, is the result of…

The Durban-based shipbuilder Dormac recently carried out the keel-laying ceremony for a new $8.2 million oil bunker barge commissioned by Smit Amandla Marine. Dormac's empowerment partner, Palisa Investments, owns 25.5% in the…

Rolls-Royce Group PLC is considering setting up two plants in Singapore for the manufacturing of diesel engines and fuel cells. Rolls-Royce chief executive John Rose has said "We are in discussions about…

Shipping Corporation of India (SCI) is planning to place a $502.90 million contract with Korean shipbuilding yards. Out of this, SCI has already signed contracts with South Korean yard STX Shipbuilding to…

State-owned China Ocean Shipping (COSCO), has announced plans to double its fleet of large oil tankers to meet increasing demand for crude oil imports in the Mainland. COSCO currently operates eight VLCCs…

Another 2,700 TEU container ship was launched at Nordseewerke GmbH in Emden, a company of ThyssenKrupp Marine Systems. The launch was carried out without any celebration activities. The ship with the yard…

Aker Yards has finalized the construction of the LNG tanker ?Provalys? at its facility in France, the former Chantiers de l?Atlantique. With a capacity of 154,500 cubic meters, this vessel is the…