Author: Importer

Daewoo Shipbuilding clinched a DPP (Drilling and Production Platform) from Chevron Corp valued at $1.27 billion. The 85,000 tonne DPP will be the world?s largest offshore plant order in terms of value…

Royal Caribbean Cruises Ltd. is expanding in Europe and Latin America by purchasing Pullmantur, the largest cruise ship operator in Spain with five cruise ships.In addition to its cruise ships, Pullmantur has…

Nordcapital Holding in Hamburg, Germany, and Aker Yards have signed a contract to build another two Platform Supply Vessels (PSVs) of the type UT 755 LN. The two newbuildings are scheduled for…

Hyundai Corporation has completed the slipway construction of Qingdao Hyundai Shipbuilding Co., Ltd, an acquired shipyard in China, and announced its mid- to long-term development plan. The newly constructed ?number four? slipway…

The future of Poland's shipyards featured high in the Polish prime minister?s meeting and press conference with EC president Jose Manuel Barroso. The issue is one of the most contentious in strained…

Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering DSME), will announce in early 2007 a plan to sell the world's No. 2 shipbuilder, the bank's governor said…

Dolphin Offshore Enterprise (DOE) in Mumbai, India, is in negotiations with three Gujarat-based companies to acquire a shipyard. DOE is having discussion with Gujarat government owned Alcock Ashdown besides two privately held…

Northrop Grumman has received orders to supply bridge navigation and communication electronics for a new offshore fisheries patrol vessel under construction for the Scottish Fisheries Protection Agency (SFPA). The equipment, to be…

Canadian Shipbuilding & Engineering Ltd. (CSE) will seek government money, cut labour costs and restructure before resorting to a sales process if necessary, the monitor overseeing its bankruptcy protection said in court…