General News

Hyundai Mipo Dockyard has won an order for five roros at the price of W 407.9 billion from a European ship owner. They will be delivered by April 2011.

China Ocean Shipping (Group) Co (COSCO) plans to raise its crude oil carrying capacity to 8 million deadweight tonnes by 2010, up from 4.5 million dwt currently, said company vice president Zhang…

Thailand shipping company Jutha Maritime is set to return to Higaki Shipbuilding, Imabari, Japan for another multi-purpose cargo vessel. Currently the firm owns seven vessels, two of which, JUTHA VASANA and JUTHA…

Samsung Heavy Industries in South Korea has secured an order for a drillship from a Europe ship owner. Contract price is $617 million and delivery is scheduled for June 2010.

Having built a reputation for building fishing vessels, the Thai shipbuilder Mahachai Dockyard is preparing to build two dredgers. A smaller bucket dredge for a private Thai customer will be similar to…

Ferguson's yard in Port Glasgow, which earlier this week announced it was making 99 workers redundant, was thrown a lifeline when it was learned that bidding was to be opened within three…

KY Heavy Industries in South Korea announces that it clinched orders for five chemical tankers plus five options from OSK (H.K) Ltd for delivery from May 2008 to 2009. In addition, the…

The floating offshore production platform ?Sevan Hummingbird? recently left Yantai Raffles Shipyard in China onboard the semi submersible heavy lift vessel heading for the Keppel Verolme Shipyard in Rotterdam where the installation…

The MacGregor Group, part of the Cargotec Corporation, has announced a new joint venture production partnership with Vietnam Shipbuilding Industry Group (Vinashin). The joint venture has been established as part of Vinashin's…

Danaos Corporation has signed shipbuilding contracts for four 6,800 TEU container ships with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited…

Seacor Marine, the subsidiary of SEACOR Holdings, has taken delivery of its latest vessel, the crewboat John G McCall. Built by Gulf Craft Shipyard in Patterson, Louisiana, the 190ft John G McCall…

Fincantieri?s shipyard in Muggiano-La Spezia recently held a keel laying ceremony for the company?s first mega yacht which was ordered by Nicholas Baker in May last year. When delivered in 2010, this…

Hyundai Heavy Industries clinched four PCTCs from Eukor. The 7,900 unit car carriers will be delivered during 2010. Hyundai Samho won a new order for a 1,700TEU container ship from a French…

Shanghai-based China Shipping Development Co. Ltd. (CSD) plans to build six oil tankers worth $307.56 million for delivery in 2009 and 2010 to help expand its ocean shipping business. CSD has signed…

Colombo Dockyard (CDL) is reporting a full order book until 2008 for new ships, after building seven fast patrol boats for the Sri Lankan Navy and two tugs for Saudi Arabia which…

It now looks certain, following meetings held on Monday at the Clyde shipyard of Ferguson Shipbuilders, that the vast majority of the workers employed there are to lose their jobs. Out of…

Mizho Bank in Japan expects that new order volume in 2007 will be 55 million GT. The bank said that Korean shipbuilders will take new orders at attractive prices because they have…

STX Pan Ocean has ordered three MR sized product carriers from STX Shipbuilding at the price of $130 million. The first will be delivered during this year and the other two in…

ICICI Ventures is close to picking up Rs 100 crore stake in Chennai-based mid-sized shipbuilder Tebma Shipping. Tebma, which is a Rs 300 crore company, supplies to the Navy and is the…

India's ABG Shipyard recently delivered a new AHTS vessel, the LAMNALCO MERLIN, to the UAE offshore support services company, Lamnalco Group. This 53 metre long newbuilding is the sixth vessel to be…

A mass meeting of the workforce of Ferguson shipyard at Port Glasgow in Scotland is planned following threats that two thirds of the workers could be made redundant and threatening the survival…

Aker Yards ASA has won a 4 billion nkr vessel deal from newly-formed sister company, Aker Oilfield Services (AOS). The contract involves the construction of four large well intervention/construction vessels, and includes…