General News

Fincantieri has gained an order from Hartmann Logistik GmbH to build two multipurpose Anchor Handling, Tug & Supply Vessels (AHTS) with delivery scheduled for December 2008 and February 2009. The contract includes…

Wightlink has placed a contract for two new Yarmouth to Lymington ferries with a Croatian shipyard. The ferries, set to cost about $19 million, are due on the route before the summer…

The Pakistan National Shipping Corporation (PNSC) has finalised a $135 million financing deal with ABN-Amro Bank for acquisition of three vessels. These new vessels include two Aframax class double-hull oil tankers and…

Nokbong Shipbuilding in South Korea clinched two 12,000DWT chemical tankers from Heung-A Shipping for delivery during second half of 2008. Total contract price is $61 million.

Seabourn Cruise Line has placed an order to build two new, ultra luxury ships, for delivery in spring 2009 and 2010. Seabourn, a division of Miami-based Carnival Corporation, has signed a letter…

Faced with fierce competition from shipbuilders in Korea, Japan and China, Europe has responded by focusing on technological supremacy and is third in terms of tonnage built and first in terms of…

Having completed extensive tests and engine trials, the 93,500 gt cruise ship Norwegian Pearl was floated out of the covered building dock of Meyer Werft and berthed at the yard?s outfitting pier…

GulfMark Offshore, Inc. in Houston, Texas, has received delivery of the newbuilding Sea Sovereign built by Jaya Shipbuilding and Engineering PTE LTD at their Batam, Indonesia yard near Singapore. The newbuilding is…

STX Shipbuilding in South Korea delivered a new product tanker to Sovcomflot JS?. Named ?SKF Neva?, this is the first product tanker of the series and the 46,520 tonne vessel is 183…

International shipbroker and consultant Galbraith's Ltd says that demand for Suezmax tankers is expected to grow strongly in the next five years in line with large-scale expansion of crude oil exports in…

Plans for two Clyde-built Type 45 destroyers could be scrapped by the UK?s Ministry of Defence as part of a long-term £12bn budget cut demanded by the Treasury ahead of next year's…

The Davie Industries shipyard in Lévis, Quebec in Canada, has avoided liquidation and finally found a buyer. Teco Management of Norway will invest $13 million to buy the facility, while the Quebec…

Wärtsilä has signed an agreement to acquire the entire business of the Swedish company Stockholms Fartygsreparationer AB. The agreement is worth 7.5 million Swedish krona (EUR 0.8 million). Stockholms Fartygsreparationer handles all…

BAE Systems and VT Group have resumed talks to combine their shipbuilding operations according to news paper reports. The assets that are expected to be merged include BAE's yards at Barrow-in-Furness, Scotstoun…

Western Australian shipbuilder Austal plans to increase significantly the capacity of its US manufacturing plant as the company ramps up its operation to meet forecast demand from the US defence sector. Austal…

The Polish classification society Polski Rejestr Statków (PRS) has been granted European Community limited recognition, following the publication of European Commission (EC) Decision 2006/660/EC on 29 September 2006. Limited recognition applies to…

Bohai Shipbuilding in China clinched order for four product carriers from Nanjing Oil Tankers. The order consists of two 46,000DWT and two 49,000DWT product carriers and deliveries are scheduled between from June…

The departmental council of Morbihan (Brittany, France) has confirmed the option to build a second Ropax vessel at Aker Yards, Lorient, a shipyard located in Lanester, Morbihan. It is a sister ship…

Keppel Offshore & Marine Limited (Keppel O&M) has secured contracts worth a total of $132 million to carry out the conversion of two floating production storage and offloading (FPSO) facilities and the…

The Gdansk shipyard in Poland wants to acquire part of the assets of its former owner to compensate its debts. This, however, may deter potential investors for Stocznia Gdynia shipyard. The first…

With oil exploration and production on the increase, Indian shipbuilder ABG Shipyard is planning to foray into offshore jack-up rig manufacturing. The company is setting up a facility for the production of…