In a sign with undoubted positive ramifications for the shipbuilding industry, Korea's STX Offshore & Shipbuilding reportedly won $340m in orders to build eight tankers (plus four options) for an unidentified company, Reuters reported
Kleven signed a contract with diamond company De Beers Marine Namibia, part of De Beers Group, on the building of a highly specialized vessel for deep water mineral exploration.
Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful
NewLead Holdings Ltd. announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano".