Author: Importer

Dubai Drydocks World (DD World) will take over 70% of Singapore shipyard operator Pan-United Marine (PUM) in a deal valuing PUM at $424million. The deal marks DD World's first international acquisition. Like…

Bharati Shipyard in India bagged an order worth $103 million from Germany?s Man Ferrostaal AG for two large platform supply vessels.The 105 m vessels will be diesel electric and fitted with two…

Hyundai Heavy Industries Co. Ltd. (HHI) successfully completed a trial run with the world?s biggest electronically controlled marine engine, the Hyundai-Wartsila 14RT-flex96C-B. The 14RT-flex96C-B engine has 14 cylinders and a maximum capacity…

ABG Shipyard, in India, signed a memorandum of understanding (MOU) for acquisition of Vipul Shipyard, situated adjacent to the company?s existing shipyard at Magdalla Port, District-Surat, Gujarat. With this acquisition the company…

Kawasaki Kisen Kaisha, Ltd., Tokyo, ("K" Line) has taken delivery of ?Corona Majesty?, a new 88,159 DWT-type coal carrier, from Imabari Shipbuilding, Japan.The vessel?s specifications are length o.a. 229.93m, beam 38m, depth…

Singapore based Ezra Holdings has awarded a contract to Labroy Shipbuilding and Engineering worth $25.5 million, which excludes owner furnished equipment, to build an ultra-large pipe laying, accommodation, well service and maintenance…

The African Development Bank (AfDB) has financed funding for the construction of a shipyard in the country?s coastal village of Limbe in Cameroon. According to the bank?s statement, a grant amounting CFA…

The Russian shipyard of Krasnoye Sormovo in Novgorod has won a contract from Palmali to build two more 13,000 dwt vessels of 'river-sea' class. These double-hulled tankers have 12 tanks with a…

Sri Lankan shipbuilder Colombo Dockyard has emerged the lowest bidder among 13 contenders, including several Indian firms, to build five anchor handling tug-cum-supply vessels (AHTSVs) for state-run Shipping Corporation of India (SCI).…

The Kuwait Oil Tanker Company (KOTC) will float a tender to build four crude oil tankers soon. The budget for the new fleet is between $120 to $130 million and is expected…

The Indian engineering and construction major Larsen & Toubro plans to broaden the scope of its proposed Rs 2,000-crore mega greenfield shipyard in favour of an integrated port-cum-shipyard facility. The company, which…

Work on Qatar Gas Transport Company?s (Nakilat) second Q-Max LNG tanker has begun with its managing director Mohamed A Ghannam initiating the steel cutting.Nakilat has placed orders for 14 such tankers, which…

China Dalian International Corp has ordered three 57,000 dwt supramaxes at a total cost of $101m from an east China shipyard. The vessels, which will be operated through Singapore subsidiary Da Sin…

The Russian Far Eastern Shipping Co (Fesco) is jumping on the supramax-bulker bandwagon with a series of newbuildings in China. The fast expanding Russian shipping company has returned to Jinling Shipyard for…

Odense Steel Shipyard in Denmark unveiled its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller - Maersk Group. Like her four predecessors, ?Ebba Maersk? will be part of the…

The Miami-based cruise company Celebrity Cruises, a subsidiary of Royal Caribbean Cruises Ltd., has placed a contract for a fourth large cruise ship with Meyer Werft in Papenburg. After ordering the first…

Marin Teknikk, the Norwegian naval architects, has secured a contract with Hanjin Heavy Industries & Construction in Korea for delivery of a design and engineering package for two new MT 6022 XLs…

Bourbon Offshore and Damen Shipyards Gorinchem in Holland have signed a contract for the construction and delivery of four Damen ASD 3213 tugs. The ASD 3213 is the latest development from Damen…

The Subic Bay Metropolitan Authority (SBMA) in the Philippines has plans to create a 124-acre maritime park that offers tax incentives to local shipbuilders. The facility is aimed at boosting the country's…