Dresser-Rand Garners Propulsion Turbine Contract
Newport News Shipbuilding has granted Dresser-Rand Company a $9 million contract for the initial phases of production of the main propulsion turbines for the U.S.
Siemens Granted Order For RoPaxes
TT-Line Shipping Company has placed an order with SSW Fähr- und Spezialschiffbau GmbH of Bremerhaven for a pair of new RoPax vessels for a ferry service between Travemünde and Trelleborg.
Hellespont Places Order With Samsung
Piraeus-based Hellespont Shipping Corp. has contracted Samsung Heavy Industries for the first two vessels in a new class of VLCC's. The contract also calls for the…
Hyundai Orders Five MAN B&W Engines
The largest diesel engine ever designed has been requested by the Korean owner Hyundai Merchant Marine for propelling five 6,400 TEU container vessels. The five engines…
U.S. Navy Awards Contract To Bath Iron Works
The U.S. Navy has granted the DD-21 Shipbuilder Alliance a $238 million contract for the application of Phase II of the design and development of the next-generation destroyer.
Leif Hoegh To Purchase Unicool Shareholding
Leif Hoegh & Co., who owns 49.8 percent of Unicool, has signed an agreement to purchase the 50 percent shareholding in the company owned by South African Marine Corp., effective early January 2000.
Indonesian Ferry Blast Kills At Least Three
An explosion on an Indonesian ferry on Dec. 2 killed at least three people, with 196 passengers rescued, local police said. They said the accident happened minutes…
NCL Turns Down Carnival's $1.7B Takeover Bid
NCL Holding ASA flatly rejected a 30 crown ($3.72) per share takeover offer from Carnival Corp, saying it undervalued the group's potential. NCL officials said it…