US shipowner Overseas Shipholding Group (OSG) has ordered eight MAN B&W ME engines as the main propulsion plant for four 216,000 cubic metre LNG carriers recently ordered from Korean yards Hyundai and…

UKOR Car Carriers (EUKOR) placed an order with Korean shipbuilder HyundaiHeavy Industries (HHI) for four pure car and truck carriers (PCTCs). The vessels will bebuilt at the Hyundai Samho Heavy Industries Shipyard…

Wärtsilä is developing its propulsion business and is setting up a wholly owned, state-of-the-art factory for ?transverse thrusters? in Wuxi, located approximately 100 km west of Shanghai, China. The name of the…

Farstad Supply AS, a wholly-owned subsidiary of Farstad Shipping ASA, has reached an agreement with Brevik Construction AS, a subsidiary of Aker Brevik, for the building of an anchor handling tug supply…

Volvo Penta is expanding its Chinese engine plant, resulting in an increase in production capacity to about 10,000 engines annually. The plant, located in Wuxi, about 100 kilometers west of Shanghai, is…

Wärtsilä has acquired the assets of the DEUTZ AG's medium and large marine engine service business for a price of EUR 115 million, including fast moving spare parts stock.The business consists of…

Wärtsilä will take part in the newly formed Aker Arctic Technology Inc (AARC) with a 12.5% stake. The company is a subsidiary of Aker Finnyards and commenced operations on 1 January this…

Hyundai Mipo Dockyard in South Korea has secured an order for six 1,800TEU container ships from Reederei Claus-Peter Offen in Germany at a price of $235.5 million. The new order attaches 14…

Daewoo Shipbuilding & Marine Engineering (DSME) in Korea has developed a liquefied natural gas- regasification vessel (LNG-RV) for the first time in the world. The LNG-RV supplies regasified LNG directly into the…

Hamworthy has won orders worth $5.2 million for cargo pump room systems to be installed on eight ships being built by Dalian Shipyard in China. Hamworthy cargo pump room systems have been…