The European Union has decided against appealing a World Trade Organisation ruling on its dispute with South Korea over shipbuilding subsidies paid by Seoul, despite ongoing controversy over the outcome. The EU…

A&P Group and Marine Exhaust Solutions (MES), a subsidiary of Diversified Metal Engineering, of Canada, have announced a strategic partnership that will deliver groundbreaking abatement technology to the marine industry in time…

Russia?s two largest shipbuilders are joining forces after years of rivalry in an effort to rationalize shipyard facilities in a shrinking market. St. Petersburg-based Baltiisky Zavod, builders of warships for more than…

The former Tampa Electric Hooker's Point power plant site is the new site for Gulf Marine?s shipyard facility. Gulf Marine plans to relocate most of its shipyard operations at the Port of…

India began an eight-year project to build an aircraft carrier in its most ambitious military programme to date. Defence Minister Pranab Mukherjee launched the construction of the 37,500 tonne carrier at the…

The Swiss-German company Proftech International has placed an order for two 37,600DWT handy-size bulkers with Vinashin, Vietnam?s state-owned shipbuilder. The newbuildings will be built at Vinashin?s Bach Dang shipyard and are scheduled…

The Indian shipping ministry has proposed the setting up of two shipbuilding hubs, including a $480 million world-class facility in Kochi in conjunction with the special economic zone proposed on land owned…

Aker Promar, part of Aker Brattvaag AS, will be building an Anchor Handling Tug Supply (AHTS) vessel for DOF ASA at a cost of $48 million. The vessel will be 80 metres…

GE Transportation?s marine business announced it has received certification from Germanischer Lloyd (GL) for its 8, 12 and 16 cylinder, medium-speed diesel engines. "By obtaining the prestigious Germanischer Lloyd certification, we continue…

Plans are being finalized to sell Kvaerner Philadelphia Shipyard to a new group provisionally named American Shipping Corp. This announcement was made by a spokesman for Kvaerner ASA, the shipyard's Norwegian parent…