General News

Hyundai Mipo Dockyard in South Korea secured orders for 11 product carriers plus four options from three ship owners valued at $550 million. Four 46,000DWT product carriers from National Chemical Carriers in…

Hanjin Heavy Industries picked up an order for four 5,100TEU container ships from Cosco at the total price of $ 280 million. Ship particulars are 294.1m long, 32.2m wide with a depth…

Construction work has commenced on the Longxue shipbuilding facility, South China?s largest shipbuilding base. The new shipyard complex will aim to be among the top shipbuilders in the world as well as…

Aker Langsten, a company in the Aker Yards Group, and Siem Offshore Inc have entered into a contract to build two platform supply vessels (PSV's). The value of the newbuilding contract is…

The German cruise operator AIDA Cruises (Rostock/Neu-Isenburg) has placed contracts with Meyer Werft in Papenburg for the construction of two 68,500 gt cruise ships. Delivery of the two newbuildings is scheduled for…

Scandinavian Electric Systems (SES) has entered a frame agreement with Rolls-Royce Marine for supply of low-voltage electric motors, motor starters and frequency convertersAfter evaluating a number of potential suppliers, Rolls-Royce Marine has…

Aker Finnyards, a part of Aker Yards, has signed a Letter of Intent with the Swedish B & N Nordsjöfrakt for building three container carriers. The contract, worth in all approximately $188…

On October 7, Hyundai Heavy Industries launched a 105,000DWT tanker built on land. She was ordered from Novoship in Russia and will be delivered by January next year. She is the first…

Hundreds of sunken ships ranging from large freighters and tankers to small tugs and dhows are blocking access to Iraq's principal seaports and threatening the marine environment of the northern Gulf, shows…