Author: Importer

Keppel Corp. has received a $164 million contract to build oil platforms for a unit of Mexico's national oil company, Petroleos Mexicanos. Keppel Offshore and Marine, has a 60% stake in the…

Aker Yards, via its wholly owned subsidiary Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755LN platform supply vessel. The value…

The Spanish shipyard Izar Ferrol is looking for overseas markets that will generate revenues at least $24 billion. At present the Ferrol yard, described as one of the few global shipyards able…

The Indian Navy has started construction of a 40,000 tonne displacement indigenous aircraft carrier at an estimated cost of Rs 3,000 crore. "Besides acquiring the 'Gorshkov' aircraft carrier from Russia, the Indian…

Hyundai Corporation, seeking new business, has signed a contract to take over Qingdao Lingshan Ship Engineering (QLSE) in China. The Chinese yard is a medium-size ship builder that mainly constructs vessels between…

Bharati Shipyard, one of the leading shipbuilder in the private sector in India, aims to achieve 20% of its revenue from the ship-repair business after completion of the current expansion drive. "Though…

According to a European diplomat just hours after Seoul had claimed victory in the case, the WTO has ruled against South Korea on the core issue of a dispute over South Korea?s…

President Chavez of Venezuela has announced that his country will send some oil tankers to the troubled Izar shipyard. Spanish President Jose Luis Rodriguez Zapatero had been brokering the deal, which could…

VT Halter Marine has signed a $31 million contract to build a double-ended passenger/vehicle ferry for Nantucket Steamship Authority in Massachusetts. The 78.15 metre long ferry is expected to be delivered in…

Calling the pending adoption of new IACS common rules for tankers and bulk carriers "the most fundamental change in the structure of the classification sector in its history," ABS chairman and ceo,…