General News

Hyundai Heavy Industries Co. (HHI) has won a $978 million order to build eight container ships. The deal from a shipping company in the Marshall Islands calls on HHI to deliver the…

The Brazilian company Companhia Vale do Rio Doce (CVRD) has entered into a 25-year contract of freight with Bergesen Worldwide (B.W. Bulk), the world's leading owner of very large ore carriers, which…

Following on from the recent report about the collision involving the hopper ?W.D. Fairway? in China, Boskalis CEO Peter Berdowski announced that current information indicates that there is a constructive total loss.…

Ishikawajima-Harima Heavy Industries Co (IHI) and other major Japanese shipbuilders are hiking production capacities for the first time in about 30 years, the Nikkei reported, without citing sources. The Japanese shipbuilding industry…

PAN-United Marine (PUM) has become the first Singapore shipyard to secure an order for ultra large anchor handlers, with a contract from or Ezra Holdings to build a pair worth $65m. The…

Babcock International yesterday pulled off a golden deal to buy Devonport dockyard for £350 million and become the biggest supplier of services to the Royal Navy. The company, which runs the Faslane…

The shipbuilding industry in Durban, South Africa, is set to lose $400 million (R2.8 billion) order to build between 12 and 15 offshore supply vessels because the shipyard could be engulfed by…

Aker Yards, Rolls Royce Marine and DNV are joining forces with the Norwegian University of Science and Technology (NTNU) in Trondheim. The intention is to build an international powerhouse for research and…

Aker Yards Cabins in France was recently launched under the legal name of Aker Yards Cabins SAS and will provide cabins for all passenger vessels of Aker Yards, France and plans to…

Hyundai Mipo Dockyard Co., received a $245 million order to build five 51,000 DWT product tankers for a European company. The Korean shipbuilder will deliver the newbuildings by January 2011. The shipyard…

China Shipping Group (CSG), the second biggest oceanic transportation conglomerate in China, plans to build its first shipyard by the end of 2008. This makes it the second time in less than…

Shipbuilding group Aker Yards has signed a contract to build six 3,000 DWT anchor handling towage supply vessels (AHTS) at its new shipyard in Vietnam. The contract with Aker Capital was worth…

Hanjin Shipping in South Korea has ordered five more Post-Panamax 8,600 TEU container ships from Hyundai Heavy Industries to upgrade its current main fleet consisting of four 5,000 TEU ships. Hanjin is…

A scaled model of the hull for a new medium-sized passenger-vehicle ferry, designed by Poseidon Marine Consultants Ltd., was tested today in ice at the Institute for Ocean Technology in St. John?s,…

Australian-owned tour operator Scenic Tours has completed the formation of its European operations company Scenic Tours Europe AG that will be based in Zug, Switzerland. It is a venture that will mean…

Singapore-based shipbuilder Jurong Shipyard has won a contract to build an ultra-deepwater semi-submersible rig for the international offshore drilling contractor, SeaDrill. The deal is worth $535.5 million. The semi-submersible rig is scheduled…

Ace Marine Ltd, the Fife-based firm of naval architects, has acquired the oldest continually operating yacht design business in the world, A Mylne & Co ? including the design archive, described by…

According to local reports, investors from Kuwait are interested in buying shares in the New Szczecin Shipyard (SSN). Talks concerning the investment will be conducted during Prime Minister Kaczyński's visit to Kuwait.…

Daesun Shipbuilding in South Korea has secured an order for a 1,000 TEU container ship from a Middle East shipowner. Contract price is W 22.2 billion and delivery is scheduled for June…

Mumbai-based Transworld group is expanding its operations in a major way by ordering four container ships costing $25 million each from Singapore?s warship specialist shipyard Singapore Technologies Marine Ltd."Each of these ships…

The Republic of Vanuatu, with an established network of offices, deputy commissioners, special agents and inspectors in Asia ? Tokyo, Taiwan, Korea, Singapore, Hong Kong, the Philippines, Indonesia, Malaysia and Thailand --…