Aker Langsten, a company in the Aker Yards Group, and Siem Offshore Inc have entered into a contract to build two platform supply vessels (PSV's). The value of the newbuilding contract is…

The German cruise operator AIDA Cruises (Rostock/Neu-Isenburg) has placed contracts with Meyer Werft in Papenburg for the construction of two 68,500 gt cruise ships. Delivery of the two newbuildings is scheduled for…

Daewoo Shipbuilding & Marine Engineering (DSME), the world's second-largest shipbuilder, has clinched orders worth $1.2 billion for 10 ships from overseas shipping companies. DSME signed a deal with the Swedish car carrier…

Scandinavian Electric Systems (SES) has entered a frame agreement with Rolls-Royce Marine for supply of low-voltage electric motors, motor starters and frequency convertersAfter evaluating a number of potential suppliers, Rolls-Royce Marine has…

Aker Finnyards, a part of Aker Yards, has signed a Letter of Intent with the Swedish B & N Nordsjöfrakt for building three container carriers. The contract, worth in all approximately $188…

On October 7, Hyundai Heavy Industries launched a 105,000DWT tanker built on land. She was ordered from Novoship in Russia and will be delivered by January next year. She is the first…

Hundreds of sunken ships ranging from large freighters and tankers to small tugs and dhows are blocking access to Iraq's principal seaports and threatening the marine environment of the northern Gulf, shows…

The Victoria-class submarine HMCS Chicoutimi, nee HMS Upholder, suffered two separate fires while cruising northwest of Ireland, on its maiden voyage as a Canadian boat after a formal handover last weekend. The…

Emergency Towing Systems (ETS) are not yet mandatory on ships other than tankers greater than 20.000 t dwt as proposed in the IMO DE 47 document, however, the Italian owner of container…