News

Rolls-Royce, the global power systems company, has achieved a significant milestone in the deployment of tidal energy technology with confirmation that its prototype tidal turbine,

Tata NYK Shipping Pte Ltd will purchase three new dry bulk cargo carriers from Japanese yards as part of a plan to expand fleet to ship at least half of Tata group’s

China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, announced that the first Panamax bulk carrier ordered by Minsheng Financial Leasing Co., Ltd.

The Zarga LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal November 5, according to the Milford Haven Port Authority website.

Karachi Shipyard and Engineering Works (KSEW) will build a Fast Attack Craft (FAC) for Pakistan Navy in collaboration with the Chinese company ‘China Shipbuilding and Offshore Company (CSOC) (Pvt) Limited.

Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT

Salvage efforts on board the stricken Rena remain suspended because forecast sea conditions have made it unsafe for the salvors to continue working.

Sartor Offshore AS, Norway based company annaunced that it has take delivery of new addition in its fleet.

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that

Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, has been selected by Spirit AeroSystems as its partner for the transportation of fuselage

HE Sultan Ahmed Bin Sulayem, Chairman, DP World, hosted Nigerian Minister of Transport, HE Senator Idris Umar, on a tour of DP World’s flagship Jebel Ali port.

The launching of Cutter Suction Dredger (CSD 500) took place at Al Jadaf Dockyard, Dubai on Sunday October 16, 2011.

Eidesvik Offshore has been awarded a Charter Party Contract by Lundin Norway AS for work on 4 wells with the platform supply vessel Viking Athene.

Just two and a half years after receiving its commissioning cargo from Qatar, the South Hook Liquefied Natural Gas (LNG) Terminal in Milford Haven, UK has received the 200th ship.

SILK Holdings Bhd announced on Friday that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd, had accepted an award of contract extension by PETRONAS Carigali Sdn Bhd for the provision of one (1) Anchor Handling Tug Supply Vessel.

Chinese shipbuilders’ order backlog dropped significantly this year from the end of last year due mainly to prolonged global economic uncertainties, reports Yonhap News Agency citing government data revealed on Monday.

Chinese yard China Merchants Heavy Industry (CMHI) has recently signed an order for two jack-up rigs with Singapore-listed Falcon Energy Group (FEG) . The order includes options for two repeat rigs.

The European Investment Bank (EIB) has granted a EUR 150 million loan to Wärtsilä to finance the company’s research, development and innovation activities in several European countries.

With the number of cruise ship calls quadrupling in the last five years, Dubai is looking to expand its cruise terminal facilities.

Essar Ports Ltd, a unit of the $20 billion (̀̀̀̀̀̀̀̀98,400 crore) Essar Group, is seeking to develop a port in Mozambique as the conduit for the exports of iron ore from an affiliate’s mining assets in Zimbabwe.