Dockwise Ltd., Breda, the Netherlands, announced that its Board of Directors has approved the commissioning of a newbuild vessel to serve the emerging demand for ocean transports of up to and above 100,000 metric tons. The decision is subject to approval by a Special General Meeting of shareholders to

authorize the proposed USD 100 million rights issue to part-finance the investment.

Shanghai Bestway Marine Engineering Design Company Ltd signed a collaboration agreement about the forming of joint working team with Rolls-Royce, the global power systems company in Bestway HQ R&D Center Building.

AVEVA, Cambridge, one of the world's leading providers of engineering design and information management solutions for the plant, power and marine industries, announced the successful conclusion of its new global series of AVEVA World Summits.

Drydocks World announced the launch of the highly versatile, self-contained jack-up construction vessel at its Graha shipyard in Indonesia.

Northrop Grumman Corporation christened the eighth submarine of the Virginia class, "California" (SSN 781), at the company's Shipbuilding sector in Newport News, Va.

The 18 000 dwt "Safmarine Sumba", with a container capacity of 1,052 TEU, is Safmarine’s first new owned multi purpose vessel (MPV) since it became a member of the A.P Moller-Maersk Group more than 11 years ago.