Author: Importer

Iran has formed an international consortium to attain technology for constructing LNG carriers. Iranian Offshore Engineering and Construction Company (IOECC) is currently holding talks with reputable international companies to acquire the technology…

According to industry sources, ABG Shipyard is close to bagging a $350 million European order. However, ABG Shipyard management has said that it cannot comment on the specific deal.Anything above $360 million…

Lloyd?s Register has announced the introduction of RuleOutlook Live, a new interactive online service to keep ship owners and operators informed and up to date with the regulatory environment affecting the maritime…

The European Commission is considering the future of Poland?s Gdansk shipyard as Warsaw opposes EU demands to cut down the yard?s production capacity. The Baltic Sea Gdansk shipyard faces the EU ultimatum…

Odense Steel Shipyard Ltd. (Odense Staalskibsv?rft A/S) in Denmark has concluded contracts with Carras Hellas Group, Greece, for a series of newbuilding Capesize bulk carriers. This new 180,000 dwt design has been…

Aker Yards has entered into a contract with an international shipping company to build two 5,000 dwt anchor handling tug supply vessels of Aker Yards AH 12 design.The total value of the…

The Maritime & Coastguard Agency (MCA) in the UK detained eleven foreign ships in UK ports during July 2007 after failing Port State Control (PSC) safety inspection.Latest monthly figures show that there…

Mumbai-based ABG Shipyard is all set to take over Western India Shipyard (WISL) in a $48 million deal to be announced in a few weeks. ABG will get management control of WISL…

L&T wins Dutch orderThe Indian engineering and construction firm Larsen & Toubro Ltd. has won a contract worth $70 million from RollDock BV of the Netherlands to build two 8,250 dwt semi-submersible…

General Dynamics Nassco has reached an agreement with the US Navy to build up to five additional T-AKE-class cargo ships. The deal has a potential value of $2.5 billion if the Navy…

Finnlines has ordered six new roro vessels from the Chinese Jinling shipyard. Each of the ice-class vessels will have about 3,200 lane meters and a service speed of 20 knots. The contract…

Drydocks World Dubai recently completed the construction of a 16,300 tonne drilling rig hull. The 120 metre long, 77 metre wide and 37.5 metre high ?Alpha Aker Spitsbergen? hull is currently being…

The Indonesian shipping business leader Oentoro Surya has said he will build a shipyard and heavy equipment factory at a cost of $230 million in Batam, just south of Singapore. "I want…

Derecktor Shipyards in Bridgeport, USA, has launched the second of two ferries for the Bermuda government. The Bridgeport shipbuilder won the contract for the second ferry late in 2006, shortly after it…

Around six firms including Bharati Shipyard, Hindustan Shipyard and other international firms have queued up for Shipping Corporation of India?s (SCI) plan to acquire four anchor handling tug supply vessels (AHTS) with…

Oslo-based I.M. Skaugen (IMSK) recently took delivery of a second pressurized 3.200 m3 LPG carrier, named ?Qin Shi Huang? which has been fixed on a 12 months time charter contract. This follows…

Med Offshore (MO) has ordered a Damen 6615 AHTS from the Damen Offshore series. This is the second time MO has ordered an AHTS from Damen, following the AHTS 6114, Med Otto,…

Abu Dhabi Ship Building Co (ADSB) in Dubai, the Middle East?s largest naval builder, may set up a new shipyard for commercial vessels to tap demand from the region?s booming offshore oil…