General News

Power, a United Technologies Corp. company, has signed a contract for the development phase of a program with Spanish shipbuilder Navantia, S.A., to supply a 300kW proton exchange membrane (PEM) fuel cell…

The U.S. Navy plans to contribute up to $33 million to an Austal USA modular shipbuilding facility whose price tag could reach $200 million, Austal Ltd. said in a news release issued…

COSCO Shipyard Group, a major Chinese repair-yard, has constructed a new facility in Dongguan, Guangdong province. The facility will be utilized to build ships up to 100,000 dwt in addition to repair…

Yangzijiang Shipbuilding has won a $1.4 billion contract from China's Cosco Container Lines to build twenty 4,250 teu container ships. This includes options for four ships.The vessels are to be delivered between…

Samsung Heavy Industries has obtained new orders totaling $2.41 billion including a $1.15-billion deal to build two semi-submersible floating drilling rigs for an undisclosed Russian client for delivery in September 2010. In…

Kolkata-based Apeejay Shipping, (APJ Shipping), part of the Apeejay Surrendra group, has placed orders for three dry bulk carriers of 57,000 DWT from Cosco shipyard group of China at a total cost…

Dubai-based logistics and shipping firm Transworld has awarded a Dh293.6 million ($80 million) shipbuilding contract to China's Guangzhou Wenchong Shipyard for two feeder container vessels. The order is in line with Transworld's…

Samsung Heavy Industries has won an 851.3 billion won ($905.4 million) order for four LNG carriers. The order came from an unidentified company in the Americas and the ships will be delivered…

Aker Yards Germany in Wismar and Rostock-Warnemünde delivered the fourth container vessel in a series of five of the newly developed type Aker CS 2100 container ships for Conti Reederei in Munich.…

WWL's owners Wilh. Wilhelmsen ASA of Norway and Wallenius Lines of Sweden have ordered four of the world's largest ro-ro vessels from Mitsubishi Heavy Industries' (MHI) Nagasaki yard in Japan for delivery…

Rolls-Royce has won £72 million of further business on its largest ever offshore marine contract from Germany's Nordcapital Group, taking the total order value to £155 million. The company said it will…

Yangzijiang Shipbuilding based in Jiangyin, China, has signed a preliminary contract with Cosco Container Lines to build 20 vessels worth $1.36 billion. The ships are expected to be delivered between August 2011…

The Baku-based shipbuilder Krasnoye Sormovo, part of the MNP Group, has won another contract from Palnali Shipping Company for five IMO2 tankers of "New Armada" type of RST22 project with high "ECO…

China Shipping Development Co plans to order four very large ore carriers (VLOCs) from Chinese shipbuilders for a total of $470 million. Each vessel will have capacity of 300,000 dead weight tonnes.…

Milan-based Saipem SpA will build a new deepwater field development ship (FDS)to be named 'Saipem FDS 2?, at an overall cost of 380 million euros. The order with the shipyard is expected…

Great Eastern Shipping Co Ltd in India has placed an order for building two 57,000 DWT dry bulk carriers. The order has been placed with Cosco (Zhoushan) Shipyard Co Ltd and the…

Mumbai-based ABG Shipyard has delivered its third anchor handling tug vessel (AHTV) to Egypt-based Maridrive & Oil Services SAE. The AHTV, named ?Maridive-229?, will assist in the offshore oil and gas field…

Bocimar, part of the Belgium CMB Group, has expanded its newbuilding programme with the acquisition of two newbuilding Capesize vessels. The first vessel is a 180,000 DWT bulker that has been ordered…

The Icelandic shipping company Eimskip-CTG has received its fifth new reefer vessel in approximately two years. The newbuilding, a combined reefer and container vessel, was built at Myklebust Verft AS in Norway…

"K" Line LNG Shipping (UK) Limited (KLNG) in London has taken delivery of its brand new 145,000 m3 LNG carrier ?Celestine River?. This Moss LNG tanker was constructed at the Kawasaki Shipbuilding…