April 18, 2013 - Rolls-Royce has won a contract to supply its Promas propulsion system for two new car and truck carrying ships which are being built in Korea for Neptune Lines. Promas is an integrated propeller and rudder system that increases efficiency and manoeuvrability. The vessels, to be built by Hyundai Mipo Dockyard Co (HMD), will also feature steering gear and deck machinery from Rolls-Royce. The two ships were originally specified with a competing propulsion system from another ...

In Asia and Europe, ports are preparing for a big arrival — a vessel taller than a 20-storey building, wider than most freeways and 12 times longer than a blue whale, the largest animal alive today. Maersk Line, the world's biggest container shipping operator, is expecting delivery of the first of 20 massive container ships of a new class called the Triple-E in late June. No port in North or South America is currently able to take the vessels, nor are the newly expanded Panama Canal locks, d...

Over the past week, here at DNV, we have done another market analysis to assess how fast LNG will win into the marine fuel market. I am not at liberty to share the results, but it got me thinking about a broader theme. But first, here’s what we did: We have developed a model that combines various sources for number of port calls and future fleet growth. With this model we can estimate the number of ships of a certain type and size that will call in a certain port in the future. Once we have t...

DUBAI, UAE, April 9, 2013 - Future Pipe Industries Group (FPIG), as part of the execution of its global growth strategy, has acquired 100% of the fibreglass reinforced pipe business, Specialty Plastics, Inc. (SPI) from ITT Exelis (NYSE: XLS). SPI, based in Baton Rouge, Louisiana, USA, is a leading supplier of fibreglass pipes and systems for offshore platforms and marine vessels. The takeover is a strategic addition to FPIG's composite pipe business and adds a significant new offering to its...