Author: Importer

Shanghai Waigaoqiao Shipbuilding (SWS) has won the contract to build China?s first deepwater drilling rig for China National Offshore Oil Corporation (CNOOC) with ABS awarded classification. The rig will be the first…

A year after the Miami-based Yachts of Seabourn announced that it would build two new ultra luxury ships, it has exercised the option for another 32,000 gt cruise ship. Advance booking activity…

Rio Tinto, the world's second largest iron ore mining group behind Brazil's Vale, plans to order three very large ore carriers (VLOC) to transport iron ore from Pilbara in Western Australia to…

Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has won tow orders valued at 284 billion won ($302 million) to build six petrochemical carriers. The contracts with a European shipping company…

China's Cosco Shipyard Group and Jiangsu Lianyungang Port Co. Ltd. have formed a 60/40 joint venture company called Cosco Lianyungang Shipyard Co., Ltd which will be a subsidiary of Cosco Shipyard Group.…

Dubai Drydocks is planning to invest $200 million this year for acquisitions and joint ventures to maintain its leading position in the ship-building industry in the Middle East. Last year in July,…

Jurong Shipyard, part of SembCorp Marine in Singapore, entered into a $280.5 million contract with Atwood Oceanics Pacific Ltd to build a semi-submersible drilling rig. The contract with the subsidiary of Houston-based…

Clyde shipbuilder Ferguson Marine, the last remaining independent commercial shipbuilder on the Clyde, slumped much deeper into the red in its latest financial period but the controlling Dunnet family, which accounts revealed…

ABG Shipyard in India is planning to enter the ship repairing business by acquiring the ailing Western India Shipyard in Goa and turning it into a ship repairing yard. "There are no…

The Estonian Maritime Administration has awarded a contract to Aker Arctic Technology Inc, Helsinki, Finland, for designing a new multipurpose icebreaker. The value of the agreement is close to EUR 6 million,…