General News

Work on the Zhoushan Changbaidao project in China has been given the go-ahead. The project is to build a drydock of 400m in length and 106m in breadth in order to build…

Samsung Heavy industries and Atlantico in Brazil signed a $14 million contract of technology support including construction and operation of shipbuilding facility and ship design.Atlantico will build a 360 metre drydock at…

SK Shipping in South Korea has placed an order for two 318,000 dwt double hull VLCCs. Total contract price is $250 million and delivery is scheduled for second half of 2009. The…

The National Transmission Corporation (TransCo) recently signed a memorandum of understanding with Hanjin Heavy Industries & Construction (HHIC) for the direct power connection of Hanjin's shipbuilding facility to be built inside the…

China will need 40 to 50 additional VLCCs over the next five years due to the increase in the country's crude oil imports and exports, an industrial insider said on Thursday. Henrik…

Norwegian Coastal Voyage's ?MS Fram?, currently being built by Italian shipbuilder, Fincantieri, is on schedule for its maiden voyage in April, 2007. The 12,700-ton, 328-berth, eight-deck ship, the first cruise ship built…

Lehman's New York-based firm, J.F. Lehman & Co., is expected to complete the purchase of the US shipbuilder Atlantic Marine Holding within a few weeks, according to a spokesman for Atlantic Marine.…

USS Product Carriers LLC, a newly created wholly-owned subsidiary of U.S. Shipping Partners LP, has entered into a contract with the National Steel and Shipbuilding Company (NASSCO), a subsidiary of General Dynamics…

Dutch shipowner Anthony Veder has ordered its first LNG tanker. Using a relatively small ship, the Rotterdam-based shipping company wants to provide a regional LNG feeder service from the large import terminals.…

Aker Yards has signed a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of a large construction vessel. The value of the contract is approximately $114 million and…

A Chinese shipyard leaped to fifth position in the global shipbuilding industry in terms of order backlog for the first time, posing a potential threat to South Korean shipyards currently holding a…

Bermuda-based Frontline has entered into a contract with Jiangsu Rongsheng Heavy Industries Group in China for delivery of two 153.000 dwt Suezmax newbuildings. The vessels will be delivered in November 2008 and…

Construction work on the Limbe shipyard project in Cameroon is expected to be completed in December 2007. This was one of the revelations of a two-day adhoc committee meeting in Limbe during…

The long drawn out privatization process of the Spanish shipbuilding company IZAR was finalized yesterday when the state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI) announced the sale of the shipyard…

BAE Systems has received a Letter of Intent (LoI) from the Government of Malaysia for the procurement of two frigates for the Royal Malaysian Navy (RMN). The project represents a highly significant…

More details have now been received regarding the sale of IZAR. Spain's government has now agreed to sell three shipyards to local shipbuilders as part of the privatization of troubled shipbuilding company…

Samsung Heavy Industries clinched an order for a drillship from a European shipowner. Contract price is $583 million and delivery is scheduled for June 2009.

ABS has released an enhanced new version of the CSR SafeShip for Tankers software. The new version 6.8 is an upgrade of the previous version 6.63, which shipyards have been using to…

The Singapore government has placed an order with Damen Shipyards Singapore for 10 specially-designed coastal patrol craft worth $85 million which includes the provision of training, spares and other services. The newbuildings…

With the launch earlier this year of BMT SeaTech Ltd?s new touchscreen version of its world-leading hull stress monitoring system, SMART Stress, ship owners are snapping it up. Already, a number of…

Celebrity orders third vessel The cruise operator Celebrity Cruises, an affiliated company of Royal Caribbean Cruises, has ordered a third large cruise vessel from German shipbuilder Meyer Werft in Papenburg. The contract…

Bohai Shipbuilding in China clinched four 49,000DWT product carriers from Nanjing Changjiang Shipping for delivery during 2010 at a cost of $35 million each. The yard is currently building four similar vessels…

The consortium of Keppel FELS and Technip has completed the offshore mating of the 25,000-tonne topside and the 4,500-tonne spider deck with hull structure, weighing 17,500 tonnes, for one of the world?s…