Author: Importer

The Arab Shipbuilding and Repair Yard (Asry) delivered the $5 million service vessel Nakilat-VI, built for the Kuwait Oil Tankers Company (KOTC). Building the vessel was a matter of pride for Asry,…

Aker Yards has announced its new business model for its shipyards in business area Cruise & Ferries. The new business model, presented to the management and employee representatives, is the result of…

The Durban-based shipbuilder Dormac recently carried out the keel-laying ceremony for a new $8.2 million oil bunker barge commissioned by Smit Amandla Marine. Dormac's empowerment partner, Palisa Investments, owns 25.5% in the…

Rolls-Royce Group PLC is considering setting up two plants in Singapore for the manufacturing of diesel engines and fuel cells. Rolls-Royce chief executive John Rose has said "We are in discussions about…

Shipping Corporation of India (SCI) is planning to place a $502.90 million contract with Korean shipbuilding yards. Out of this, SCI has already signed contracts with South Korean yard STX Shipbuilding to…

State-owned China Ocean Shipping (COSCO), has announced plans to double its fleet of large oil tankers to meet increasing demand for crude oil imports in the Mainland. COSCO currently operates eight VLCCs…

Another 2,700 TEU container ship was launched at Nordseewerke GmbH in Emden, a company of ThyssenKrupp Marine Systems. The launch was carried out without any celebration activities. The ship with the yard…

Aker Yards has finalized the construction of the LNG tanker ?Provalys? at its facility in France, the former Chantiers de l?Atlantique. With a capacity of 154,500 cubic meters, this vessel is the…

The Vancouver-based BC Ferries has named and launched the newest addition to its fleet at a ceremony at Allied Shipbuilders in North Vancouver. The ?Kuper? is a $7 million, 32-vehicle ferry which…

COSCO signed a newbuilding contract with Fujian Mawei Shipbuilding in China for a 32000 DWT timber carrying vessel. No indication of price or delivery was given by the ship owner.

SeaDragon Offshore, a newly formed company, plans to float on the London Stock Exchange next year to raise funds for a $1.5bn drilling rig construction project. SeaDragon intends to build three semi-submersible…

Qatar Gas Transport Company (QGTC) has ordered another QMax LNG carrier which brings to 17 the number of LNG carriers that the company has ordered so far this year. The QMax vessels,…

The Italian company FVH, owner of one of the biggest gas ports in Europe, will become a minority shareholder in the Gda?sk shipyard. FVH will pay $6.64 million, covering what the shipyard…

The demand for ice class ships is growing. Especially tankers are being increasingly sent on transport routes in arctic and sub-arctic regions around the world. Cold and ice are a particular challenge…

Havila Shipping ASA (HAVI) has entered into a new building contract with Havyard Leirvik shipyard for 2 anchor handling tug supply vessels (AHTS). The cost for the two vessels is estimated at…

Rem Maritime in Fosnavag, Norway, has signed a contract with Simek shipyard in Flekkefjord to build two offshore vessels. The contract has a total value of $54 million. Build number 118 is…

Over 100 ships under construction with a gross tonnage (GT) of more than 2.1 million were commissioned in October with Germanischer Lloyd (GL) class. These include container ships amounting to over 1.7…

The South Korean shipbuilder Hyundai Heavy Industries (HHI) announced that its third-quarter profit rose 21% reflecting the higher newbuilding prices of oil tankers, cargo ships and LNG carriers. Net income rose to…

BC Ferries in Canada has awarded Victoria Shipyards the contract to perform major modification work on the replacement vessel for the ?Queen of the North? which sank earlier this year.In capturing the…