Author: Importer

The world largest oil tanker owner, Frontline Ltd of Norway, is planning to branch into ownership of floating production, storage and offloading (FPSO) vessels according to Frontline Management's managing director Oscar Spieler."We…

Guangzhou Shipyard snaps up two 38,500DWT product carriers from Pancoast in Greece for delivery in March and July, 2008. They will be built as Boston beam size.Wuchang Shipyard has won three platform…

Aker Yards and the German TT-Line have signed a contract for retrofitting of four passenger-car ferries. The retrofit means renewing the vessels fuel systems to be more flexible and conforming to today?s…

Scotland will get the lion?s share of the Royal Navy?s new £4 billion aircraft carrier contracts in a decision that will determine the future shape of the British shipbuilding industry and will…

NQEA in Queensland, Australia, has finalised the $7 million sale of its Queensland Marine and Industrial (QMI) to Brisbane-based Viking Industries. NQEA has now sold QMI, trading as Cairns Slipways, as well…

Carnival Corporation has assigned a previously ordered 112,000gt cruise ship to its Carnival Cruise Lines brand. The 3,006-passenger ship, to be built by Italian shipbuilder Fincantieri, is expected to enter service in…

Aker Drilling has awarded Aker Kvaerner a turn-key contract for the delivery of two sixth-generation deepwater drilling semi-submersibles with an option for another two rigs by 2010. The two drilling rigs are…

China has expressed its strong interest in having a widespread presence in investment projects in Iran, of which, a shipbuilding complex contract in Qeshm Free Trade Zone (QFTZ) will soon reach the…

Daewoo Shipbuilding & Marine Engineering received a $500million order from Norway's Seadrill to supply a semi-submersible oil drill facility. Under the deal, the buyer can place two additional orders for drill facilities,…

The domestic shipping industry will require US $2 billion to replace the existing fleet older than 20 years. The current capacity of all the fleet stands at 8.3 million Gross Tonnage (GT)…