Only private capital can save the La Naval shipyard in Sestao, one of the yards in the Izar Group, following an announcement by the Spanish government to split up the group and…

To help ship owners, operators and managers comply with the latest mandatory regulations governing the collection, retention and storage of bunker samples in accordance with IMO MARPOL 73/78 Annex VI, Kittiwake is…

Daewoo Shipbuilding recently launched three ships and one offshore platform at No. 1 Dock all on the same day. The first was a 145,000§© LNG carrier for Bergesen, the second was a…

Aker Yards Group will merge its two shipyards in Finland, Kvaerner Masa-Yards and Aker Finnyards, and the new company will be named Aker Finnyards which will cover all Aker Yards shipyard activities…

Korea Development Bank (KDB) has selected STX as a preferential bidder for the Korean shipping company Pan Ocean. The bank commented that STX won the bidding because of employment stability, purchase condition…

The UK defence group, BAE Systems, has dismissed reports of a boardroom disagreement ahead of the group's interim results this week. Directors are meeting today to discuss the future of the company's…

Malaysia International Shipping Corp. (MISC) has agreed to buy five new LNG tankers from Japanese shipbuilder Mitsubishi Heavy Industries. "I can confirm we have signed up for five tankers," MISC spokesperson Fiona…

Japan Radio Company (JRC) has launched a new marine radar system featuring proprietary technology developed specifically to enhance user-friendliness, target visibility and overall performance. The JMA-5300 series is delivered as standard with…

An industry source forecast that this year the world shipbuilding industry is likely to spend $5.3 billion on marine propulsion systems and this is set to rise. Over the period 2004 to…

Evergreen is thinking about ordering a number of 9,000TEU boxships from Taiwanese shipbuilder China Shipbuilding Corp, as part its fleet expansion plan which aims to add a total of 50 new vessels…