General News

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…

Wärtsilä Corporation today inaugurated the first phase of a new reconditioning workshop in Shanghai, China. It will provide high-quality reconditioning services to owners and operators of marine engines, gearboxes,controllable-pitch propellers, thrusters and…

South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships, industry sources said.Three of…

Daewoo Mangalia Heavy Industries won a new order of four 171,000DWT bulk carriers from Anangel Shipping for delivery in 2009 and 2010. The new order includes an option for two more units.Hudong…

Hyundai Samho Heavy Industries has clinched an order two 10,000TEU container ships from ZIM. The new vessels will be delivered in January and February 2010. The order also attaches one more option.…

Aker Yards in Norway has entered into a contract with Gulf Offshore North Sea Ltd in Aberdeen, Scotland, to build two Platform Supply Vessels (PSV) based n the Aker design PSV 09…

BAE has launched a takeover bid for Devonport Management Ltd (DML) in the UK-based Devonport dockyard where the Royal Navy?s nuclear-powered submarines are refitted in programmes worth hundreds of millions of pounds.BAE…

Hyundai Mipo Dockyard in South Korea has won a new order for four product carriers at a price of W 181.2 billion. They will be delivered by February 2011.

NYK Line in Japan has placed a new order for two 250,000DWT bulk carriers with Namura Shipbuilding. This will be the first time for an ore carrier of this size to be…

Guangzhou Shipyard International in China secured a contract for two 50,500DWT product carriers from Motia in Italy. Ship particulars are 183.2m in length, 32.2m in breadth and 18.2m in depth with a…

The European Commission said it approved the proposed acquisition of joint control by French defence equipment supplier and naval prime contractor Thales, together with the French state, of French state-owned military shipyard…

The accident frequency in shipping has decreased over the past few decades. However, although the figures today are half of what they were in the late 80s, this trend is about to…

Chinese shipbuilders have caught up with their South Korean rivals in new orders received in the first two months of this year, according to an international market researcher. Hyundai Heavy Industries, Samsung…

Daesun Shipbuilding in South Korea signed a letter of intent on the construction of four 25,000DWT class chemical tankers from a European ship owner. They will be delivered by July 2010. Contract…

China's Baosteel Group Corp and China State Shipbuilding Corp (CSSC) signed an agreement to invest more than 10 bln yuan in a civilian shipbuilding joint venture, the official Xinhua News Agency reported.Xinhua…

The first of 72 blocks of the new 122,000 grt passenger cruise vessel "Celebrity Solstice" for Celebrity Cruises was laid at Meyer Werft in Papenburg, Germany. The first block of the new…

ABG Shipyard in Mumbai has launched a pollution control vessel (PCV) for the Indian Coast Guard. The shipbuilder has contracted to build three PCVs, the first of which, yard number 221 is…

Bermuda-based Golden Ocean Group Limited (GOG) has acquired four plus two optional newbuilding contracts at Pipavav Shipyard in India at a cost of $35.5 million each. The 75,000 dwt bulk carriers will…