Vosta LMG received a contract for a cutter suction dredger from Arab Potash in Jordan. This new dredger is of special design as it will need to excavate hard salt deposits in…

ABB has won contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 new marine vessels and for two semi-submersible drilling rigs. The…

The Odense Steel Shipyard presented its latest newbuilding for the A.P. Moller - Maersk Group. The 7,000TEU post-Panamax boxship was named Gjertrud M?rsk and is the fourth ship in a new series…

Petronet LNG Ltd, India's largest liquefied natural gas importer, has awarded a 25 year charter agreement for one additional LNG ship from a consortium led by Exmar of Belgium at a day…

Hyundai Mipo Dockyard recently captured two orders for product carriers. The first comprised of three 37,000DWT tankers from a European ship owner for as a total value of $124 million. The second…

A new marine research vessel will be built by the Macduff shipyard in Aberdeenshire. Ministers are expected to confirm that the $7 million contract has been awarded to the north east yard,…

Iran's Shipping Lines (IRISL) Panamax bulk carrier ?Iran Bojnourd? was recently delivered by Jiangnan Shipyard in Shanghai. The 74,000 DWT newbuilding is the second in a five-ship series ordered by IRISL and…

L-3 Communications based in New York has signed an agreement to acquire SAM Electronics GmbH (SAM) for $150 million in cash, subject to customary closing conditions and regulatory approvals. SAM is expected…

Norden, Denmark-based shipping company, signed three contracts with China State Ship-building Corporation (CSSC). The contracts will increase Norden's current investment in China to over $100 million. Under the agreement, Norden will commission…

The Ferguson shipyard in Inverclyde has been awarded a multi-million pound contract to build a new ferry for Caledonian MacBrayne. The $10.4 million order was won by the Port Glasgow yard despite…