Mack Boring to distribute Steyr Diesel Engines

Mack Boring & Parts Co. has agreed with Steyr Motors to distribute their commercial marine diesel engines on the East Coast, including Canada and the Caribbean. Mack Boring has a strong presence in the market, providing…

People & Company News

Russian Yard Expects Arctic-class LNG Carrier Contract

United Shipbuilding Corporation may build four Arctic class LNG carriers for the Pechora LNG project in northern Russia. Developers of the project, Alltech's President Dmitry Bosov informed that preliminary agreements…

People & Company News

Unusually, Shipping Coalition Demands an ECA

A coalition of shipping companies wants the Pearl River Delta cleaned up and turned into a low emission zone. The call, from the Hong Kong Liner Shipping Association (HKLSA) and the Hong Kong Shipowners’ Association…

People & Company News

Merger Creates UK's Largest Independent Ship Repairer

Burgess Marine acquire Testbank Ship Repair, making them the country's largest independent in the ship repair business. Burgess Marine, headquartered in Dover and with sites in Poole and Portsmouth’s naval base, has…

Ship Repair & Conversion

LNG for the Maritime Sector Closer to Reality

The European Union will support with over €1.2 million from the TEN-T Program a study aimed at identifying and addressing the potential barriers to the construction and operation of Liquefied Natural Gas (LNG) fueled…

Environmental

World's No.3 Shipbuilder Profits Plummet

Daewoo Shipbuilding & Marine Engineering (DSME) net profit fell 82% in 2012. The loss is primarily attributed to the decision DSME made in 2009 to book orders for ships at lower rates to stay afloat in the aftermath of…

Shipbuilding

Two PSV Contracts for COSCO China Yard

COSCO Singapore subsidiary COSCO Guandong to construct two Platform Supply Vessels (PSV's). The contract is with a European ship owner for the construction of two PX121 PSV's at a value of approximately US$54-million in…

Shipbuilding