Author: Importer

Samsung Heavy Industries in South Korea has clinched an order from Ferncliff Drilling AS in Norway for the world?s largest drill ship costing $550 million. The 300,000DWT drill ship is 228m long…

Donbas, a Ukrainian steel producer, is considering investing in the Polish shipyard of Stocznia Gdynia (SG). Their proposition is expected next week and SG needs $96 million in capital. Donbas has long…

One of the world?s largest and strongest classification and certification company, Bureau Veritas, grew strongly again during 2005. In its tenth consecutive year of growth, BV increased turnover to Euro 1,647m (US$…

Five major European naval shipbuilders have formed a club to promote synergies in materials procurement as part of broader efforts to reduce costs. The companies, BAE Systems, DCN, Fincantieri, Navantia and VT…

Shipbuilding contracts secured by Korean shipyards in the first quarter accounted for more than half of the entire orders received worldwide. According to London-based ship broker Clarkson, Korean shipbuilders won more than…

Dalian Shipyard has clinched orders for seven tankers. The shipbuilder has won new order of three 76,000DWT product carriers and four 298,000DWT VLCCs. Delivery of the seven ships will be made during…

Greatship (India) Limited, wholly owned subsidiary of The Great Eastern Shipping Company Limited, Mumbai India, has confirmed an agreement with Aker Yards, for the building of two PSVs of UT 755 LN…

Woodside Petroleum Ltd., Australia's second-largest oil and gas producer, plans to order as many as 18 LNG tankers to supply gas to markets including the USA. Woodside, 34% owned by Royal Dutch…

Aker Yards ASA reported an EBITDA of NOK 357 million for the first quarter of 2006, an increase of 125% compared with the first quarter of 2005. The order intake in the…

Seaarland Shipping Management in Austria has ordered two 114,000DWT tankers from the New Century shipyard in China for delivery during 2008. Ship price per unit is $58.5 million.