General News

Norwegian offshore vessels operator DOF ASA has awarded the Indian shipbuilder Cochin Shipyard Ltd a newbuilding contract for two platform supply vessels (PSVs). The NOK245m contract ($46 million) covers two PSVs of…

The Tognum subsidiary MTU Friedrichshafen today signed a contract with theDr. Gies group of companies on the complete acquisition of SKL Motor GmbH in Magdeburg. At the contract signing, Tognum CEO Volker…

Flex LNG Ltd. in Norway has ordered a third 90,000 m3 SPB LNG vessel from Samsung Heavy Industries. It is of identical design to the two ordered back in March 2007 and…

Davie Yards in Canada has entered into a Memorandum of Understanding (MoU) with an unspecified Norwegian customer for construction of two 130 metre well intervention vessels. The total contract price for the…

Ezra Holdings Ltd.'s wholly-owned Saigon Shipyard Ltd., which is held via Ezra's wholly-owned HCM Logistics Ltd., marked its successful break into the offshore fabrication market with the recent award of a fabrication…

Poland's Gdansk shipyard will be sold to Ukrainian firm Donbass in a $400 million deal to avoid bankruptcy, the head of the yard said. The yard has been under threat since the…

Havila Shipping ASA has through Havila Shipping Pte Ltd in Singapore entered into a contract with Fjellstrand Verft for building of a platform supply vessel (PSV) called Havyard 832 CD. The vessel…

Mumbai-based Dolphin Offshore Enterprises (India) Ltd (Dolphin), which provides offshore and onshore integrated services to the oil and gas industry, is foraying into shipbuilding. It has earmarked an investment of just over…

The Italian cruise line Costa Crociere has signed an order with Fincantieri for two new 114,200gt cruise ships to be delivered in 2011 and 2012 at an all-in cost of approximately ??¬1bn…

Rickmers-Linie, the Hamburg-based specialist in the global transportation of break-bulk, heavy-lift and project cargo, has ordered ten new purpose-built multipurpose vessels, which are to be added to its fleet between 2009 and…

The National Development and Reform Commission permitted the leading Chinese tanker operator, China Merchants Energy Shipping Co., Ltd. (CMES) to buy six oil tankers via overseas investment. In April, CMES signed an…

Coastal Contracts Bhd, the Sandakan-based company in Malaysia, said that its wholly owned subsidiary Thaumas Marine Ltd had clinched its largest newbuildings order worth $108 million boosting its order book to $223…

Aker Yards and Estonian Shiprepair and Conversion group SRC Group O?? have concluded an agreement combining Aker Yards Lifecycle Services's (A-LCS) & SRC Group's strengths to start offering the premium voyage repair…

Mohammad Suri, National Iranian Tanker Company???s (NITC) managing director, said the country would produce over 80 million tons of LNG per annum in the near future and 40 LNG carriers would be…

Bharati Shipyard received an $89 million order from Shippping Corporation of India for the construction of four AHTS vessels for delivery in 2011. Including the latest order, the shipbuilder has now announced…

Orissa, in the North East of India, is all set to have a shipbuilding factory at Charidiha near Dhamra mouth in Bhadrak district of the State. It will be the first such…

Sri Lanka's Colombo Dockyard Ltd (CDL), the island's sole listed shipbuilder, is bidding for three new local ship building contracts, including one from the navy where it has tied up with a…

Dalian Shipbuilding Industry Corp, China's biggest shipyard, upped its rank to number four in the world in terms of orders in hand which it attributes to a combination of technical innovation and…

The Cyprus-based Deep Sea Supply (DESSC) has taken delivery of the 4th of 8 PSV newbuildings from Cochin Shipyard in India. The vessel `Sea Pike`, a UT 755L Platform Supply Vessel, will…

The Australian government has signed a contract with Tenix, worth about A$3.1 billion ($2.78 billion) over eight years, to build two large amphibious ships for the Royal Australian Navy. The first ship,…

The Chinese car manufacturer, Chery Automobile, has bought a Chinese shipyard as part of its latest effort to meet an ambitious export target. Privately-owned Chery, based in Wuhu city in eastern Anhui…

Croatia's next government will have to cut subsidies to the shipbuilding industry to move on with efforts to join the European Union, the country's top EU negotiator said. With 11,000 jobs at…