General News

Abu Dhabi Ship Building Co (ADSB) in Dubai, the Middle East?s largest naval builder, may set up a new shipyard for commercial vessels to tap demand from the region?s booming offshore oil…

Some 100 trade unionists from Gdansk Shipyard will picket the headquarters of the European Union (EU) in Brussels later this month to protest against plans of a decision on capacity reduction in…

ABG Shipyard in Mumbai, India, has delivered one vessel each to UAE-based Lamnalco Group and Norway-based Deep Sea Supply ASA. An anchor handling tug supply (AHTS) vessel was delivered to Lamnalco Group…

Samsung Heavy Industries plans to resolve its shortage of production facilities in light of the dramatic increase in orders it has experienced in recent years, by building a new mega block assembly…

Daewoo Shipbuilding & Marine Engineering (DSME), the world's third-largest shipbuilder, has won orders valued at $2.1 billion to build 10 vessels. The deal from a European shipping company calls on DSME to…

Deep Sea Supply (DESSC) has taken delivery of ?Sea Otter?, a 6,500 bhp AHTS vessel from ABG shipyard in India. The vessel will go directly to Indonesia for a four months time…

Aker Floating Production?s (AFP) first FPSO vessel, contracted for offshore India, is slated to be completed on schedule. In the second quarter of 2007, the Indian company Reliance Industries Limited entered into…

Solstad Offshore SA (SOFF) in Norway has entered into two contracts with Aker Yards for the construction of one platform supply/ROV vessel of Aker PSV / ROV 06 CD design and one…

The NSS-IMT 978 Platform Supply Vessel ?Grampian Talisman? was recently delivered to her owners North Star Shipping at the Balenciaga Shipyard in Northern Spain. The newbuilding sailed from the port of Pasajes…

Bulgarian shipyard Bulyard Shipbuilding Industry will build three bulk carriers for Bulgarian state-owned shipping company Navigation Maritime Bulgare, after signing deals worth a total of EUR 88.2 million ($118.6 million).Two of the…

Vyborg Shipyard in Russia won the tender for the construction of drilling rigs for Gazprom. Valery Golubev, deputy chair of Gazprom said that the $2.3 billion contract involves the construction of hulls…

Last Friday MODEC, BHP Billiton, and the Jurong Shipyard celebrated the naming ceremony of the FPSO Stybarrow Venture MV16. MODEC is the vessel owner and operator, BHP Billiton holds the long term…

Daewoo Shipbuilding & Marine Engineering (DSME) has signed a contract to build four container vessels valued at about $485 from an unidentified German shipping company. The 8,400 TEU newbuildings will be delivered…

Stolt-Nielsen S.A. (SNSA), the Norwegian shipping company, has signed an agreement with Xinshun Shipyard in China for the purchase of up to six 5,900 DWT bitumen tanker newbuildings due for delivery from…

Chinese shipbuilder Sinopacific Shipbuilding Group is planning to raise about $660 million in a public listing in the domestic A-share market in June 2008. China's CITIC Bank will underwrite the Sinopacific listing…

Former leader of Poland's Solidarity trade union Lech Walesa has condemned an attempt by the EU to close most of the Gdansk shipyard. "The European Union should help us to bring efficiency…

Sergey Pugachev's United Industrial Corp. has found an investor to pay for the liquidation of one of Russia's largest shipbuilding companies, the Baltic Yard. Vneshtorgbank (VTB) will provide the corporation with $550…

South Korea?s Posco Group, the world?s third-largest steel manufacturer, will build a hot-rolled steel plant at a cost of $4.5 billion in central Vietnam?s Khanh Hoa province. The factory, to be erected…

State-owned Shipping Corporation of India (SCI) unveiled an ambitious plan to add 60 million tonnes of vessel capacity in the Eleventh Plan with an investment of $ 3 billion, to meet the…

Hyundai Heavy Industries plans to build its 10th dry dock in Korea to meet rising orders. The construction of the dry dock, 640 metres long and 92 metres wide, will be completed…

Samsung Heavy Industries, the world's second-largest shipbuilder, has won a 1.25 trillion won ($1.35 billion) deal from an Asian shipping company to build eight container ships for delivery by May 201. Last…