News

Grandweld Shipyards concludes a successful year by securing contract to design, build, and deliver three 33.5M fast aluminum crew boats for Zamil Offshore.

Chellship is expected to take delivery of three new vessels in 2012. These are the Kamsarmax vessel Darya Kirthi of 80,500 DWT being built at STX Korea

As the year of 2011 nears its end, South Korea’s big three shipyards have notably surpassed their annual targets. Hyundai Heavy, Samsung Heavy and Daewoo Marine

The U.S. company SSA Marine, through its subsidiary Manzanillo International Terminal in Panama, plans to invest in Colon more than 200 million

Major revisions to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (the STCW Convention)

South Korea plans to invest nearly $12 billion in oil and natural gas developments next year in a bid to secure stable energy supply, the economy ministry said Wednesday.

Croatia's energy group INA has further reduced production on its oil and gas fields in Syria following the developments in that country and new European Union sanctions on the Middle East country, the company said on Wednesday.

Oil prices rose above $99 a barrel Thursday in Asia as signs of improving U.S. crude demand were offset by ongoing concerns about Europe's debt crisis.

China's natural gas consumption will grow 20.6 percent this year to reach 129 billion cubic meters, while production will reach 101

China's refined oil product inventories at the end of November rose 3.6 percent from a month earlier, the first rise in six months, the official Xinhua news agency said in a newsletter on Wednesday.

UK-based Rolls-Royce has secured a €250m contract with Areva to supply safety instruments, control technologies and systems for its nuclear reactor modernisation programme in France

Wind turbine manufacturer Nordex's French subsidiary has sold four wind farms developed in-house in France.

GE has performed a major repowering upgrade of its LM2500-PE gas turbine at Cogen España's Tortosa Energía cogeneration plant in Tarragona, Spain.

Solar system provider ESA Renewables (ESA) has entered into four separate multi-year operation and maintenance (O&M) contracts for four solar farms in US state of North Carolina.

The largest vacuum infused fishing vessel in the world, named the S-70 Saga K, has been unveiled in Norway.

Wärtsilä, the marine industry’s leading solutions provider, is to supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations.

The Austal designed, built and supported high speed vessel “WestPac Express” has been re-chartered for use by the United States Marine Corps, continuing a success story that began over 10 years ago.

DeepOcean Group Holding AS, an integrated provider of subsea engineering and trenching services, today announced a new long-term charter agreement with REM Ship

Incat Crowther announces the launch of the 24m Catamaran Ferry Titiroa by Q-west Boatbuilders in Wanganui, New Zealand.

KBR announces that its subsidiary GVA has been awarded a contract for the design of a GVA 3000E Accommodation Unit by Jurong Shipyard.