General News

Yangzijiang Shipbuilding, one of the leading shipbuilders in China, is planning to raise up to $622 million through a listing on the Singapore Exchange. The Jiangsu-based shipbuilder is offering 993 million shares,…

Hanjin Heavy Industries has won $281 million order to build five container ships for a European company. The vessels will be delivered to Danaos Shipping of Greece by 2010. Hanjin expects this…

Fears are being raised that Barrow shipyard in England could miss out on building sections of a giant new aircraft carrier. It was planned that Barrow, part of the BAE group, would…

Bharati Shipyard (BSL), India?s second-largest private sector ship-builder, is understood to have acquired the UK-based Swan Hunter Shipyard for an undisclosed amount."The entire machinery and equipment from Swan Hunter will be dismantled…

Tallink s newest passenger ferry "Star" was delivered from Aker Yards Helsinki yard today. The 110 million euro newbuilding will start regular crossings between Helsinki and Tallinn and will be capable of…

Germany will fully support an EU free trade agreement (FTA) with Korea, as it will boost bilateral trade and investment between the two economies. "We will most probably see a swifter resolution…

The Craig Group?s biggest ever platform supply vessel has been launched in Spain. The Grampian Talisman represents an investment of £12 million by the global shipping and energy services company and will…

Sri Lanka?s Colombo Dockyard Limited (CDL) has secured a $36.6 million order for construction of two 89 metre, 250 passenger capacity ships for the Government of India. The significance of the award…

Guido Perla and Associates (GPA) announced that Trico Marine Services has ordered two of the well-proven GPA 640 Platform Support Vessels (PSV).Each of the DP2-certified vessels, measuring 64 metres in length, will…

An unconditional contract has been confirmed for the supply of four fast ferries, consisting of two 69 metre and two 88 metre Austal Auto Express vehicle-passenger catamaran designs. Further customer details cannot…

A total of 45 companies from across Europe have joined forces to push for the creation of a Joint Technology Initiative (JTI) for fuel cells and hydrogen technology. The companies, which include…

Chinese shipbuilders are continuing to win new orders for bulk carriers and tankers. Enterprise Shipping has ordered three 92,500DWT bulkers from Jinling Shipyard with delivery of 2010 at a cost of $47…

MOL in Japan will launch 44 iron ore bulk carriers by from April this year to early 2012. The move is part of MOL's growth strategies in the new midterm management plan…

The EU has reportedly told China that it would face a growing threat of trade penalties unless it curbed its capacity expansion in steel and shipbuilding. EU industry commissioner Günter Verheugen gave…

The French DCNS group unveiled its new corporate identity symbolising the group's new organisation and ambitions following the integration of Thales's naval businesses in France (though not its naval equipment businesses). The…

GRC Ltd, a wholly owned subsidiary of QinetiQ Limited, has launched a new and improved version of its 'Paramarine' ship design software and 'Seagoing Paramarine' software, which is used for onboard ship…

A Korean newspaper is reporting that the China is planning a 93,000 ton nuclear-powered aircraft carrier to be built at China State Shipbuilding Corp?s (CSSC) Jiangnan Shipyard for completion by 2020. Jiangnan…

Aker has signed a contract with GDV Shipping in Arendal, Norway, to deliver one Aker PSV/ROV 06CD platform supply vessel. The total value of the contract is approximately $66 million. The 94.90…

The Seattle-based naval architect firm Guido Perla & Associates, Inc. announced today that French marine services provider Bourbon Offshore has placed an order for 4 GPA 670 MKII Special Products vessels, thereby…

Aker Yards has signed a contract with MSC Cruises to build a 4th MSC Musica Class Cruise ship. The ?MSC Magnifica? will be built at Aker Yards, Saint-Nazaire in France, for delivery…

The Residential Cruise Line Ltd has entered into a Memorandum of Understanding with Aker Yards to start building the residential cruise ship ?Magellan?. This is the first step and the finalization of…

Qatar Gas Transport Company Ltd. (NAKILAT) has signed an agreement with Singapore based Keppel Offshore & amp; Marine Limited (Keppel O&M) through its wholly owned subsidiary, KS Investments Ltd., to jointly develop…