General News

Aker American Shipping Inc. has decided to split its two divisions into separate companies. One would continue to operate the Aker Philadelphia Shipyard while the other would continue to buy ships produced…

The ship owning company Aker American Shipping ASA has entered into an option agreement with Aker Philadelphia Shipyard ASA to build up to 13 product tankers at a total contract value of…

Close co-operation with Chinese design companies and shipyards has helped Bureau Veritas (BV) strengthen still further its dominating position in the booming international bulk carrier market. In the period from January to…

Singapore's SembCorp Marine Ltd is in a joint venture to set up and operate a new yard at the Yanbu Commercial Port in Saudi Arabia. Sembcorp Marine and its joint venture partner…

Precious Shipping, Thailand's largest shipping firm, has plans to spend $474 million on 15 new vessels to replace its ageing fleet. About $114 million would be earmarked for three new Supermax ships,…

The Amsterdam-based Royal Boskalis Westminster NV has ordered two new dredging vessels for its fleet from IHC Holland shipyard at a total cost of approximately 200 million Euros. Delivery is slated for…

The Orissa government in India has cleared investment proposals for a shipyard to be constructed near Dhamra. The new yard will be built by APJ-Bharati Shipping Company who submitted a proposal of…

Singapore shipyard operator SembCorp Marine said its unit Sembawang Shipyard Pte Ltd has secured a $207 million ship conversion deal from Equinox Offshore Accommodation Ltd. The contract for Equinox Offshore, a Singapore-based…

Dutch dredging services provider, Royal Boskalis Westminster NV, has contracted China's Yantai Raffles Shipyard to build a 21,500 dwt offshore rock dumping fall pipe vessel valued at around $177 million.The vessel, measuring…

Despite the boom in the global shipbuilding market, Indian shipyards face the threat of becoming less competitive following the expiry of the five-year government subsidy scheme about two months ago. The shipyards…

Delivery of each of Scan Geophysical ASA's three newbuilds has been delayed by three months. Based on updated production schedules from the ABG Shipyard in India, the new delivery dates will be…

For the first time, a foreign shipyard has picked up a stake in the emerging Indian ship building and ship repair industry. Singapore-based SembCorp Marine has recently bought a 3.31% stake in…

Keppel FELS, a subsidiary of the Singapore-based industrial conglomerate Keppel Corp, has won a $206 million contract from Floatel International Ltd to build a 500-man semi-submersible accommodation vessel. Delivery is scheduled for…

After building a $720 million shipyard in Subic, Korean industrial giant Hanjin Heavy Industries Co. is planning to expand its shipbuilding business in the Philippines with another large shipyard. Hanjin has already…

The third product tanker built by Aker Philadelphia Shipyard in the US was recently delivered marking the first time in the yard???s history that three vessels were completed in the same year.…

The Spanish engineering and consultancy company Sener has tied up with Astilleros de Sevilla the basic and detail engineering of a new Viking Line Ro-Pax ferry. The 133 m long, 1,500 passenger…

W?¤rtsil?¤ and V.Ships have agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Drawing on W?¤rtsil?¤'s strengths as a supplier…

The Chinese shipyard of Yantai Raffles recently installed the world???s largest crane, called ???Taisun???, capable of lifting 20,000 tonnes and currently undergoing testing and commissioning. Brian Chang, chairman of Yantai Raffles Shipyard,…

Now that a massive defense spending bill has been passed in the US, the Navy is supposed to have enough money to buy one new littoral combat ship (LCS) this fiscal year…

An EU clean fuels pilot project is underway to promote the use of LNG as marine fuel for ships. Hopes are high for the Marine Fuel Gas Logistics project (Magalog) to take…