Author: Importer

Bangladesh?s main shipbuilder, Ananda Shipyards Shipways Ltd (ASSL), has won a $100 million contract to build eight vessels, a deal seen as helping pave the way for the nation to emerge as…

Bharati Shipyard Limited (BSL), one of the leading private sector shipyards in India, has signed a contract with Great Offshore Ltd (GOL) for construction and supply of a multipurpose offshore support vessel…

Samsung Heavy Industries has won a drill ship from Saipem at a cost of $660 million for delivery in March 2010.

Shipping Corporation of India (SCI) is planning to invest $280 million in acquiring four container vessels to cater for the rapidly-expanding European and American markets. Two vessels, of 4,400 TEUs each, will…

Mumbai-based shipbuilder Pipavav Shipyard and Engineering (PSEL) is currently restructuring its capital basis by inviting overseas investors to take a stake in the company. The post-restructuring envisages that four financial investors will…

The Norwegian shipbuilder and design company Ulstein is looking to China for future growth. "We want to get into a broader market with our solutions and knowledge. Our intention is to expand…

Uljanik Shipyard in Croatia has delivered a 12,300 DWT Pure Car Truck Carrier (PCTC) with a 4,900 CEU capacity to Ray Shipping. Named Opal Leader, this newbuilding is 176 m long, 31.10…

The Larsen & Toubro/SapuraCrest Petroleum Bhd joint venture has ordered a new-generation heavy-lift/pipelay vessel designed by Sea of Solutions, part of the Offshore Ship Designers Group in Holland. Sea of Solutions was…

Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Group is in talks with several foreign investors and could sell a one-quarter stake prior to its stock market listing, expected as early as 2009. Privately…

There are plans to make Labuan Shipyard and Engineering (LSE) a world-class facility with the capability for ship repairs and, more importantly, shipbuilding, within two years. The first step is to train…