General News

Abu Dhabi Ship Building (ADSB), the Persian Gulf's only specialised naval warship builder, has been awarded the Al Saber project, a multimillion dollar contract to build 12 patrol boats for the UAE…

ThyssenKrupp Marine Systems AG (TKMS), headquartered in Hamburg, will restructure as of 1 April. The board recently decided that the naval shipbuilding and merchant shipbuilding sectors of Blohm + Voss GmbH are…

Hyundai Heavy Industries (HHI) has clinched two contracts to build a total of twelve bulk carriers. The first deal, valued at 758 billion won ($792 million), is for eight bulk carriers ordered…

The French giant shipping company CMA CGM has ordered four new CON RO vessels from South Korea's Hyundai Mipo for delivery in the second half of 2011. The new vessels will be…

The Arab Ship Building and Repair Yard (ASRY)in Bahrain has formed a new operating company to be called ASRY Offshore Services, (AOS). ASRY has over recent years seen a rapid growth in…

All the shipyards in Istanbul's Tuzla district will be closed down if they do not implement regulations to prevent further worker deaths according to a local source. The success of shipyards should…

The Greek bunkering company Aegean Marine Petroleum Network Inc. has exercised its options with Qingdao Hyundai Shipyard, China, to purchase four new 5,500 DWT double- hull bunkering tankers. The newbuildings are expected…

The new year has brought good news to JCMC (Jotun COSCO Marine Coatings). Earlier this year in January, JCMC signed a paint contract for 80 vessels to be built at Dayang Shipyard.…

Dae Sun Shipbuilding & Engineering (DSSE) has cancelled a contract with an unidentified Asian shipowner for the construction of six 32,000-dwt bulkers plus two on option. It blamed the owner's failure to…

South Korea?s Hanjin Heavy Industries needs 40,000 workers over the next few years to construct and operate their $2 billion shipyard in Tagoloan, on the island of Mindanao in the Philippines. "Hanjin…

State-run Shipping Corp. of India Ltd (SCI), the county?s biggest shipping firm by fleet size and revenues, is in talks with South Korean shipbuilder STX Shipbuilding Co. Ltd for a joint venture…

Aker Yards and Royal Caribbean Cruises Ltd (RCCL) have reached an understanding regarding the basis on which RCCL will order a fourth ship in the Freedom class, currently the world's largest cruise…

In a new phase of its major fleet expansion, freight-only specialist Seatruck Ferries in the UK has placed an order for four new generation ro-ro vessels with the German shipbuilder FSG (Flensburger…

Flensburger Schiffbau-Gesellschaft (FSG) further strengthens its leading position on the RoRo market by securing two contracts for the building of seven ships in total. As a result of these new orders, production…

Hyundai Heavy Industries (HHI) has clinched a $1.6 billion deal to build an oil platform in Nigeria. The deal with Elf Petroleum Nigeria Ltd., a subsidiary of France-based Total SA, calls on…

Höegh LNG and CB&I Lummus have concluded a strategic and exclusive agreement for the next phase of Höegh LNG's FPSO project. The agreement formally ties the parties for a period of 2…

Seattle based naval architecture firm Guido Perla & Associates, Inc. has signed a contract with Paris-based Bourbon to deliver the concept design, regulatory package, and final design for 10 GPA 696 IMR…

ABG Shipyard in India has delivered a new Anchor handling tug supply (AHTS) vessel `Lamnalco Mallard` to the owner Lamnalco Group, UAE. The newbuilding is the third vessel to be delivered to…

Cammell Laird shipyard in England has landed its largest contract since it was reborn seven years ago. The Birkenhead yard has won a £28m Ministry of Defence (MoD) contract to overhaul Royal…

Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has received two orders valued at KRW 570 billion ($602 million) to build eight vessels, including four petrochemicals carriers.

German-based Beluga Shipping GmbH says fuel savings achieved by using a kite propulsion system during its first ever commercial voyage are in line with expectations, and that it anticipates increased efficiencies in…