Consortium eyes Indian submarine project
DECEMBER 30, 2014 — Three state-owned Indian companies are to form a consortium to go after a $7 billion project that aims to see India build six AIP (air independent propulsion) submarines
Fourth former ST Marine exec charged with corruption
DECEMBER 30, 2014 — A fourth former executive of shipbuilder Singapore Technologies (ST) Marine was charged with corruption today. ST Marine is a subsidiary of Singapore Technologies Engineering Ltd and is the
MacGregor cranes ordered for Sealion newbuild
DECEMBER 30, 2014 — Cargotec says that its MacGregor subsidiary has received a large order from Chinese shipbuilder Shanghai Zhenhua Heavy Industry Co Ltd (ZPMC). The contract is for four offshore cranes,
As ferry death toll rises, prosecutors start investigation
DECEMBER 29, 2014 — News agency ANSA reports Italian Premier Matteo Renzi as saying that the death toll in the Norman Atlantic ferry disaster has risen to five. Subsequently, the Italian Coast
Otto Marine in $100 million AHTS sale and leaseback deal
DECEMBER 29, 2014 — Singapore based Otto Marine says it has strengthened its balance sheet with a $100 million AHTS sale and leaseback deal. The group’s shipyard division has sold the VS
Wärtsilä donates engine to South African university
DECEMBER 29, 2014 — An initiative by Wärtsilä to support and stimulate the maritime economy in South Africa has come to fruition with the delivery of a state-of-the-art Wärtsilä 20 engine. The
Appeals court reinstates U.S. case against Bollinger
DECEMBER 29, 2014 — In a ruling filed December 23, the U.S, Court of Appeals for the Fifth Circuit ruled that the United States alleged sufficient facts in its complaint against Bollinger
Keppel AmFELS wins $100 million land rig order
DECEMBER 29, 2014 — There’s no rule that says everything that’s built in a shipyard has to float. Proving that point, Keppel AmFELS LLC, the Brownsville, TX, based wholly-owned subsidiary of Keppel
One dead, hundreds stranded in ferry fire
DECEMBER 28, 2014—At least one person is reported dead and another three injured during a fire aboard a RoPax ferry adrift in the Adriatic Sea, according to reports from the Italian Coast
MOL to manage, operate Reliance VLEC newbuilds
DECEMBER 25, 2014 — Mitsui O.S.K. Lines, Ltd. (MOL) says it has entered a strategic association with India’s Reliance Industries for the transportation of Liquefied Ethane from United States to India. The