The International Bunker Industry Association (IBIA) says that moves to further tighten air emission controls on shipping through changes to IMO?s Marpol Annex VI must be based on a multiple solution approach.Speaking…

Northrop Grumman Corporation in the USA has been selected to supply simplified voyage data recorders (S-VDR) for 59 Teekay Shipping vessels. Northrop Grumman?s Sperry Marine business unit is supplying the S-VDR hardware,…

The Islamic Republic of Iran Shipping Lines (IRISL) has signed a $500 million contract with Iranian shipbuilders for 16 cargo vessels and plans to enter the LNG market. IRISL is waiting for…

Qingdao Hyundai Shipbuilding (QHS) has won an additional newbuilding contract for seven 5,500 DWT product carriers with the Greek shipping company Agean Bunkering Services Inc. Agean has already ordered 9 similar product…

Aker Yards has entered into a contract with Farstad Shipping ASA to build four AHTS vessels with a value of approx $321 million. The multifunctional deep water anchor handling tug supply service…

The first two platform supply vessels with the ULSTEIN X-bow design will be named at Ulstein Verft. The two ULSTEIN PX105 vessels were ordered by Bourbon Offshore Norway and are on long-term…

Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine in Singapore and one of the largest integrated ship repair and conversion facilities in Southeast Asia, has secured a $19 million contract from Neptune…

Samsung Heavy Industries has clinched a $637 million drillship from a European-based owner for delivery June 2009.

Ferguson Marine, the last independent commercial shipbuilder on the Clyde, revealed it had plunged deeper into the red with its third year of hefty losses. Although the yard continues to struggle against…

Polar Tankers, Inc., a wholly owned subsidiary of ConocoPhillips, has christened the 142,000 DWT ?Polar Enterprise?, the company?s newest double-hulled crude oil tanker. Classed by ABS, Polar Enterprise is the fifth and…