General News

The option for a second Littoral Combat Ship (LCS) has now been confirmed following the announcement in October 2005 for the first General Dynamics / Austal LCS. Based on the 127 metre…

The first of two Auto Express 88 fast car ferries ?Osman Gazi? was launched at the Austal shipyard. The 88 metre aluminium catamaran is the ninth fast ferry Austal has built for…

Hanjin Heavy Industries, South Korea's seventh-largest shipyard, has secured a $260.2 million order to build four crude carriers for a Middle East-based shipper. The order calls for Hanjin to deliver the tankers…

Kleven Verft in Ulsteinvik, Norway, has signed a contract with Troms Offshore in Troms?, Norway for the building of a new, sophisticated offshore vessel. The vessel is a Multifunctional Platform Supply Vessel…

Fosnavag-based Rem Offshore in Norway has placed a contract with Kleven Verft in Ulsteinvik for the construction of an offshore supply vessel. The vessel is a Multi Purpose Support Vessel (MPSV) of…

The second ocean-going ropax ship was launched at the Baltic Shipyard JSC and delivered to Stena. Named "Stena Transformer", this is the second in a two-ship series with the lead-ship "Stena Trader"…

One of Sarawak's most prominent shipyards, Yong Choo Kui (YCK) Shipyard is now ready to take more specialised orders from the oil and gas industry from around the world. Executive director Daniel…

Australia's warships should be built locally even if it costs more, a Senate committee has recommended. In its report on Australia's naval shipbuilding sector, the Senate foreign affairs defence and trade committee…

Bergesen dy ASA, one of the largest shipping companies in the world, has chosen UK engineering company Peter Brotherhood to supply two steam turbine driven alternator sets for a floating production, storage…

Hyundai Samho Heavy Industries has clinched four tankers and two VLCCs at the value of $586 million. Four tankers are ordered from a ship owner in Latin America with delivery of July…

Lamprell Shipyard in Port Khalid, UAE, has been awarded a $5.1 million fabrication contract by Aker Floating Production (Aker FP) to build the topside modules for the Smart 1 FPSO vessel, to…

Bermuda-based Golden Ocean Group Limited has ordered four Capesize 170,000DWT bulk carriers from Daehan Shipbuilding in South Korea at a cost of $72.25 million each. The newbuildings will be delivered between May…

The Middle East will require 130 floating production systems over the next five years spurring huge growth in regional shipyards and offshore repair facilities, according to a leading industry expert. Addressing the…

The European Commission has approved under EC Treaty state aid rules regional investment aid of ?4.2 million to the German shipyard Volkswerft Stralsund. After an in-depth investigation initiated in February 2006, the…

Tsakos Shipping and Trading SA, a subsidiary of Athens-based Tsakos Group, has reportedly said that it has ordered six ships from Sino Pacific Heavy Industries Group's Zhejiang Shipyard for about $210 million.…

Wärtsilä Corporation has signed an agreement to acquire the German ship design company group Schiffko which is privately-owned and has annual net sales totalling approximately EUR 4 million and some 25 employees.…

Malaysia?s premier dredging and reclamation contractor Inai Kiara Sdn Bhd will purchase a fleet of seven vessels, including two dredgers, from MSET Shipbuilding Corporation Sdn Bhd, a Terengganu based company. The $28.20…

Singapore's Jurong Shipyard, a wholly-owned subsidiary of SembCorp Marine, has received a Letter of Award from Saudi Aramco Overseas Company B.V. for the design, construction and delivery of a self-elevating heavy-lift jack-up…

Hyundai Samho has clinched two VLCCs from a ship owner in Latin America. Total contract price is $259 million and delivery is scheduled for April 2010.

Desperate attempts are being made to save the former transatlantic liner ?France?, ex-Norway, and now renamed ?Blue Lady?, from being dismantled in India where she has been languishing for the last couple…

James Fisher, the UK?s leading provider of marine services, has acquired the UK-based short sea operator FT Everard for a total cash consideration of approximately £23.7 million and the assumption of £28.0…

UAE-based Nico International has signed a joint venture agreement to build a ship repair yard in Kazakhstan and also has plans to set up a shipbuilding facility in the Central Asian nation.Nico…