News

The U.S. Navy has issued a Lockheed Martin-led industry team a $715 million contract modification to add funding for construction of two Littoral Combat Ships (LCS) – the third and fourth in a 10-ship contract awarded in December 2010.

Austal’s order backlog has grown by US$691 million as a result of two additional Littoral Combat Ship (LCS) contract options being exercised by the United States Navy.

A surge in shale gas production in the U.S. is underpinning a boost of the market share of gas-fired power generation. Shale natural gas production in key shale plays in the U.S.

GE Energy has started a technology upgrade of two GE Frame 7FA Gas Turbines at the Progress Energy power plant in the Smith Energy Complex in North Carolina

A surge in shale gas production in the U.S. is underpinning a boost of the market share of gas-fired power generation.

Rolls-Royce, the global power systems company, has today received an order from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels.

Seaspan Corporation announced yesterday that it accepted delivery of a 13100 TEU containership, the COSCO Faith.

PT Berlian Laju Tanker Tbk announced yesterday that a number of its subsidiaries had obtained orders from the Singapore High Court

From July 1st 2012 Dr Hermann J. Klein will run the newly formed shipping group as its Chief Executive Officer (CEO). E.R. Schiffahrt, Komrowski Befrachtungskontor and the Komrowski owned Reederei Blue Star

Russian Maritime Register of Shipping (RS) has opened a Design and Newbuilding Support Centre in the Republic of Korea.

Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited and operators and owners of MT Stolt Valor, confirm that the vessel suffered an explosion on board whilst transiting the Persian Gulf.

Siemens Energy will supply a ‘power island solution’, consisting of two steam turbines and four gas turbines, for the proposed 242 MW Diamantina combined cycle power plant in in Mount Isa in Queensland, Australia.

General Electric (GE) will supply Fluor Corporation with two Frame 7FA Gas Turbine-Generators for the Ferguson Replacement Project, a 540 MW combined-cycle power plant near Marble Falls, Texas

China National Offshore Oil Corp. (CNOOC), China's largest offshore oil and gas company, has started construction works to expand the capacity of the gas-fired Hengmen power plant to 2,300 MW by the end of 2013.

NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced the

VEVA, yesterday announced that STX OSV has standardised its engineering and 3D design work on AVEVA Marine and has purchased more than 100 additional software licenses.

Imtech Marine has recently signed Global Distribution and Service agreements for satellite communication (VSAT) and satellite TV

Østensjø Rederi has signed a contract with Sanmar, Turkey for delivery of one RAMparts 2800-E ASD design tug.

Columbia Shipmanagement’s (CSM) “Cape Mayor” has received a “Maritime Labour Statement of Compliance” from Germanischer Lloyd (GL).

Dubai Maritime City, the world class centre for maritime activity in the Middle East region, announced today that it has signed a Land Lease