Talks between the EU and Korean representatives over the issue of newbuilding prices ended without agreement. However, negotiations are continuing by telephone and there is some hope of an agreement in the…

On March 9, Carnival signed a letter of intent with French yard Chantiers de l?Atlantique for the $700 million contract to build Cunard?s giant cruise ship, now named Queen Mary 2 (See…

Princess Cruises, the subsidiary of P&O, has confirmed that it has awarded a contract to build two 113,000g cruise ships to Mitsubishi Heavy Industries (MHI) in Japan (see Cruise).The newbuildings, which should…

Royal Caribbean Cruise Lines has signed a letter of intent for two more Eagle class cruise ships from Kvaerner Masa-Yards, Finland (see Cruise).These ships would be the fourth and fifth in the…

Struggling German shipyard Kvaerner Warnow Werft has been awarded an order for a pair of 2,524 TEU container ships based on its CV2500 design.Due to be delivered in the first half of…

Daewoo Heavy Industries (Daewoo) and Hyundai Heavy Industries (HHI) in Korea are to share an order for a total of ten 6,700 TEU post-panamax container ships from Mediterranean Shipping Company.Due to be…

Crystal Cruises has announced its intention to build a third cruise ship, similar in character and size to its two existing ships, the 48,621g, 950 passenger Crystal Harmony, built by Mitsubishi Heavy…

Japanese shipyards received another blow at the end of February when Nippon Yusen Kaisha (NYK) chose to order a series of five 6,200 TEU post-panamax container ships from Samsung Heavy Industries (SHI)…

Dredging and Maritime Management, a subsidiary of the Jan De Nul Group of Companies in Belgium, has ordered the construction of a new trailing suction hopper dredger at AESA?s Sestao shipyard.With a…

Operators wanting ?smokeless? medium-speed diesel engines, can have them now, says MAN B&W. Its 48/60IS and 58/64IS (Invisible Smoke) engines uses 15% water mixed into the fuel to reduce smoke emissions to…