Author: Importer

Dubai Drydocks World (DD World) will take over 70% of Singapore shipyard operator Pan-United Marine (PUM) in a deal valuing PUM at $424million. The deal marks DD World's first international acquisition. Like…

Bharati Shipyard in India bagged an order worth $103 million from Germany?s Man Ferrostaal AG for two large platform supply vessels.The 105 m vessels will be diesel electric and fitted with two…

Hyundai Heavy Industries Co. Ltd. (HHI) successfully completed a trial run with the world?s biggest electronically controlled marine engine, the Hyundai-Wartsila 14RT-flex96C-B. The 14RT-flex96C-B engine has 14 cylinders and a maximum capacity…

ABG Shipyard, in India, signed a memorandum of understanding (MOU) for acquisition of Vipul Shipyard, situated adjacent to the company?s existing shipyard at Magdalla Port, District-Surat, Gujarat. With this acquisition the company…

Kawasaki Kisen Kaisha, Ltd., Tokyo, ("K" Line) has taken delivery of ?Corona Majesty?, a new 88,159 DWT-type coal carrier, from Imabari Shipbuilding, Japan.The vessel?s specifications are length o.a. 229.93m, beam 38m, depth…

Singapore based Ezra Holdings has awarded a contract to Labroy Shipbuilding and Engineering worth $25.5 million, which excludes owner furnished equipment, to build an ultra-large pipe laying, accommodation, well service and maintenance…

The African Development Bank (AfDB) has financed funding for the construction of a shipyard in the country?s coastal village of Limbe in Cameroon. According to the bank?s statement, a grant amounting CFA…

The Russian shipyard of Krasnoye Sormovo in Novgorod has won a contract from Palmali to build two more 13,000 dwt vessels of 'river-sea' class. These double-hulled tankers have 12 tanks with a…

Sri Lankan shipbuilder Colombo Dockyard has emerged the lowest bidder among 13 contenders, including several Indian firms, to build five anchor handling tug-cum-supply vessels (AHTSVs) for state-run Shipping Corporation of India (SCI).…