An unconditional contract has been confirmed for the supply of four fast ferries, consisting of two 69 metre and two 88 metre Austal Auto Express vehicle-passenger catamaran designs. Further customer details cannot be released at this stage.
An injured crewman has been airlifted off a fishing boat in the North Sea and taken to hospital for treatment. The man was on the Golden Promise, which is registered in Fraserburgh, when he was hurt.
STX of the Republic of Korea (ROK), the world’s sixth largest shipbuilder, begun building a shipyard on Changxing Island in northeast China’s port city Dalian on Friday. The company is investing 902 million US dollars in the shipyard which will include engine assembly plants and molding and forging
Scottish fishing leaders have called on the country’s next government to fight for the industry’s future. The Scottish Fishermen’s Federation (SFF) has published a mini-manifesto of the main points it wants addressed.
Heavily armed pirates have seized an Indian cargo vessel off the coast of Somalia’s capital, Mogadishu, maritime officials say. Andrew Mwangura of the Kenyan-based Seafarers Assistance Programme said 14 crew members have been taken captive.
President Vladimir Putin has signed decrees setting up a United Shipbuilding Corporation (known by its Russian initials, OSK) to consolidate large federal companies engaged in shipbuilding. Within the next few months, three regional subholdings will be formed. One of them – the Western Center – will
The vision behind the development of the newly built 48-metre luxury yacht, Hanse Explorer, was to train professional seamen, including officers, engineers and chefs, whilst simultaneously offering up to 12 passengers the opportunity to experience a very different kind of luxury adventure, allowing
The final season of the 32nd America’s Cup opened with racing on a complicated spring day in Valencia. The changeable weather meant the leaderboard was shuffled on each leg of the race course, with a massive wind shift on the final run of the first race denying +39 Challenge a fairytale ending.
STEALTHGAS INC., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it has entered into agreements to acquire three second-hand and one new building LPG carriers for an aggregate purchase price of $51 million. Upon comp
TOKYO – Mitsui O.S.K. Lines, Ltd. (MOL; President: Akimitsu Ashida) today announced the opening of a new subsidiary in Pakistan effective April 16. Mitsui O.S.K. Lines Pakistan (Pvt.) Ltd. will handle all MOL’s liner and non-liner business and ocean consolidation business (OCB). The new company will
Earthrace is now in San Diego undergoing urgent repairs before continuing on her around-the-world speed record attempt. The unique wavepiercing vessel was involved in a collision off the coast of Guatemala with an unlit fishing skiff; resulting in damaged propellers, gearbox and engine mounts. She r
Hanjin Heavy Industries publicly announced on the 2nd, April that two Diving Support Vessels (DSV) have been sold to GULMAR of the Unted Arab Emirates at the price of USD 220,000,000. The DSV is a high-tech, high value-added vessel that is priced at over KRW 0.11 trillion per unit. It is the first t
Industry must work together or it will fish itself out of work New Zealand’s fishing industry is facing major challenges and it must get real on sustainability or there will be nothing left to catch, Green Party Fisheries Spokesperson Metiria Turei told the 2nd Annual Maori Fisheries Conference in N
Sovcomflot, a Russian state-owned shipping company with close links to Gazprom, the state-controlled energy company, is talking to investment banks about a flotation this year.
