EU Rejects Italian Aid for Cruise Ship Extension
The European Commission said it has rejected a request from the Italian government to aid an extension of the delivery of a cruise ship at the Fincantieri shipyard.
Huangpu Employs PTC Design Platform
PTC the Product Development Company, and Guangzhou-based CSSC Guangzhou Huangpu Shipbuilding Co. Ltd announced that Huangpu Shipbuilding has expanded its use of PTC Shipbuilding Solution…
Iran Firm to Spend $2B on Tankers
National Iranian Tanker Company (NITC), Iran's supertanker operator, plans to invest over $2 billion over the next four years. The plans include building of 10 LNG…
OCEA Shipyard Gets Commuter 108 Orders
Les Sable d’Olonne based OCEA Shipyard has signed contracts for two OCEA Commuter 108 yachts, for delivery in summer 2007. The 107 ft. yacht, designed by Joubert-Nivelt…
Venezuela and Spain Seal Military Deal
Spain and Venezuela signed $2 billion arms deal in which Madrid agreed to supply Caracas with 12 transport planes and eight navy patrol boats. Venezuela's Defense…
Tallink Cruise Ferry Launched at Aker Yards
The christening and launching ceremony of the big cruise ferry ordered by Tallink took place at Aker Yards shipyard in Rauma. The contract worth $194M was signed in October 2004…
