Author: Importer

The Mumbai-based Garware Offshore Services is in talks with Norwegian shipyard Havyard Leirvik AS over a cross marketing deal involving ONGC and the Shipping Corporation of India. ONGC and SCI need about…

South Korea?s big three shipbuilders, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries plan to keep newbuilding ship prices at record highs for a third year as they…

Kleven Verft in Ulsteinvik, Norway, has signed a new contract with Siem Offshore Inc for the building of one new, sophisticated vessel. The contract has a value of $56 million. The vessel…

Iran may need to place orders for 15 to 20 LNG tankers once the South Pars LNG deal goes through, according to managing director of National Iranian Tanker Company (NITC). The purchase…

Italy?s Gruppo Beltrame, Europe?s fifth largest steelmaker, is considering plans to build its first plant outside Europe in Argentina at a cost of about $53 million to manufacture plate for the shipbuilding…

Significant new contracts are due to be announced Belfast?s Harland and Wolff (H&W) shipyard. The news came as the world?s largest car ferry arrived in the yard?s main building dock for essential…

The state of Gujarat on the west coast of India is set to become one of the world?s largest shipbuilding complexes. While players like L&T, Adani, Pipavav Shipyard and ABG Shipyard are…

Venezuela's state oil company Petroleos de Venezuela SA (PDVSA) will acquire four oil tankers from Iran, expanding its fleet with the help of a nation closely allied with President Hugo Chavez. PDVSA?s…

Jurong Shipyard, a wholly owned subsidiary of SembCorp Marine, has secured two FPSO conversion contracts worth a total of $58 million from Tanker Pacific Offshore Terminals Pte Ltd (Tanker Pacific).The first contract…

The Danish shipping company Lauritzen Bulkers has recently added four newbuilding contracts to the four Handymaxes already on order at Hakodate Shipyard in Japan. These latest newbuildings are identical 31,900 DWT Handysize…

TOP Tankers Inc has exercised its option for two additional 50,000DWT Product / Chemical tankers. As with the previously announced four newbuildings, all the vessels will be sister ships built by SPP…

Samsung Heavy Industries and the Russian government are proposing to establish a joint venture for an ice-breaking oil tanker business.Samsung is already building three 70,000 DWT ice-breaking oil tankers for Russia's largest…

MOL in Japan placed a new order for two 116,000 DWT bulk carriers with Sanoyas Hishino Meisho shipyard for delivery in 2009 and 2010 respectively. Ship design of the bulk carriers was…

Mitsubishi Heavy Industries (MHI), Japan's largest shipbuilder, said it has received orders for 23 vessels totalling 1.48 million gross tons in 2006, up from 21 vessels weighing 1.08million gross tons a year…

Odense Steel Shipyard in Denmark has entered into a contract with the Danish Naval Material Command for 3 patrol vessels for the Danish Navy. The vessels will be delivered in the period…

Pan-United Marine Limited (PUM) in Singapore has clinched its first conversion contract for a FPSO tanker owned by the Norwegian company Norwegian Nortechs FPSO Pte Ltd (Nortechs). The contract to convert the…

An Oceanographic Patrol Vessel (OPV) designed for patrol operations in the North Atlantic was ordered by the Icelandic Coast Guard from the Chilean shipbuilder ASMAR - Shipbuilding and Ship Repair Company.This 93.65…

Guanghzou Shipyard International in China has clinched eight 39,000DWT product/chemical tankers from A.P. Moller-Maersk. The shipbuilder also signed a new order for four 39,000DWT product/chemical tankers from Torm in Denmark

Korea Line has ordered a 58,500DWT bulk carrier from a Japanese shipbuilder at a cost of $35 million. Delivery is scheduled during 2009.

Athens-based Quintana Maritime Limited has taken delivery of a Kamsarmax bulk carrier, named Pascha, from the Japanese shipbuilder Tsuneishi. Pascha has a carrying capacity of 82,300 DWT and is the tenth of…