Xinhua reports that the Chinese shipbuilding industry suffered sharp declines in new orders in 2011,citing data from released Monday by China’s National Development and Reform Commission (NDRC. New shipbuilding orders from January
KV Ventus B.V., a wholly-owned subsidiary of Singapore’s Keppel Corporation Ltd. has entered into an agreement to take a 49.9 percent stake in offshore wind turbine foundation designer OWEC Tower (AS) for
ClassNK (Nippon Kaiji Kyokai) has awarded its first Statement of Fact for Tier III nitrogen oxide (NOx) reductions to a marine diesel engine incorporating a Selective Catalytic Reduction (SCR) system. The document,
Germanischer Lloyd (GL) has appointed Christian Freiherr von Oldershausen to the newly created position of Senior Vice President Global Sales. In his new position, Mr. von Oldershausen will be responsible for enhancing
Keppel Offshore & Marine Ltd. has secured contracts totaling S$150 million from international customers. In Singapore, Keppel Singmarine, the specialized shipbuilding division of Keppel O&M, has entered into contracts for the building
Mitsui O.S.K. Lines, Ltd. (MOL) has ordered a 209,000 dwt cape-size bulker at Universal Shipbuilding Corporation. Slated for completion in late 2014, the ship will incorporate key technologies from MOL’s next-generation ISHIN-III
The U.S. Justice Department has reached a settlement with BAE Systems Ship Repair Inc. to settle allegations that its subsidiary, BAE Systems Southeast Shipyards Alabama LLC, engaged in a pattern or practice
Heavy lift operator Jumbo Shipping has exercised an option for the construction of a second heavy lift vessel at Croatian shipbuilder Brodosplit. The ship will be a sister ship to the vessel
The Coast Guard has announced the publication of a policy letter that exempts a number of mariners from the requirement to obtain a Transportation Worker Identification Credential when renewing or obtaining a
Italian shipowner Marnavi confirmed yesterday that its tanker Enrico Ievoli had been hijacked in position 18.3N – 57.6E. Marnavi said the M/T Enrico Ievoli was hijacked offshorethe Oman coastline while it was