General News

Siem Offshore Inc has declared an option for the building of one additional Multi-Functional Field & ROV support vessel (MRSV) from Kleven Verft AS in Ulstein, Norway. The $51 million newbuilding is…

Abu Dhabi Ship Building (ADSB), a UAE company and one of the major shipbuilding facilities in the region, has signed a contract with Emirates Dredging Company (EDC), another local Abu Dhabi company,…

Concordia Maritime, the tanker arm of the Gothernburg-based Stena group, has signed a contract with Brodosplit Shipyard, Croatia, for the construction of a further two 49,900 dwt P-MAX ice-class product tankers. The…

Pakistan and China have signed an agreement for the indigenous construction of a fourth F-22P frigate as part of the growing ties between the two countries in the maritime sector. The agreement…

Odense Steel Shipyard delivered its latest newbuilding for the A.P. Moller - Maersk Group, the ?Georg Maersk?, a 7,000 TEU container carrier. This latest newbuilding is the sixth vessel in a new…

Daewoo Shipbuilding, which is aiming for new orders worth $10 billion this year, has already achieved 45% of its target in the first three months. The company recently signed deals to build…

Hanjin Heavy Industries in South Korea secured an order for an LNG carrier from a ship North American shipowner for delivery in November 2008. Contract price is $194 million.

Shina Shipbuilding in South Korea has won four 44,000DWT chemical tankers from Stolt-Nielsen Transportation Group, a unit of Stolt-Nielsen ASA. Total contract price is $240 million.

Topaz Energy and Marine Limited subsidiary Nico International, one of Dubai's most prominent ship repair companies, will open a new ship repair facility in Bautino, Kazakhstan later this year, after completing a…

Keppel FELS Ltd has secured a contract from Diamond Offshore Drilling, for the major upgrading of semi-submersible rig for $102 million. ?Ocean Monarch? will arrive at Keppel FELS in mid 2006 for…

Northrop Grumman Corporation has been awarded type approval from the German certification authority Bundesamt für Seeschiffahrt & Hydrographie (BSH) for the Sperry Marine VoyageMaster II Simplified Voyage Data Recorder (S-VDR). The BSH…

Exmar has placed an order with Daewoo Shipbuilding and Marine Engineering for two more LNGRV vessels, the 6th and 7th in the series, for delivery during 2009. The vessels will be built…

In addition to clinching the three 266,000 cbm LNG carriers from Qatar Shipping, Samsung has also won orders for eight boxships. Four 4,300TEU container ships from Danaos in Greece for delivery during…

Qatar Gas Transport Company (Nakilat) is ordering six QMax LNG carriers of 266,000 cu. m capacity each. These will be the largest LNG carriers built to date with about 25% greater capacity…

ETA Shipping and Trading, part of the Dubai-based, ETA-Ascon Group, has placed an order for two 81,200 dwt super Panamax bulk carrier vessels with Japanese shipbuilder Universal Shipbuilding Corporation. Delivery is scheduled…

Singapore-based Ezra Holdings has earmarked $240 million to increase its fleet over the next two years in hopes of cashing in on strong demand for offshore support services in the oil and…

SMIT, the Dutch towage company, has reached an agreement with Damen Shipyards for the construction of 11 newly built tugs. Two of these will be type ASD 3211 tugs (65 tons bp)…

Bharati Shipyard in India has secured $112 million order from Bourbon, the French offshore, towage and salvage company, for five sophisticated offshore vessels. The French company had already placed an order with…

DNV has signed an agreement with Cosco, the world?s largest shipowner. Under their Memorandum of Understanding (MOU), DNV will provide services to support Cosco?s sustainable business developments under the United Nations Global…

RH Group receives DNV worldwide recognition Radio Holland Group (RHG) received the DNV (Det Norske Veritas) recognition for radio- and VDR surveys for all its RH subsidiaries engaged in these activities. RHG…

Australian defense officials may have thrown a wrench into government plans to build new warships in the country. In a submission to a Senate panel, the Defence Department (DP) said there was…

China Shipping Development Co. (CSD), a subsidiary of China Shipping Group, will be placing an order estimated at $748 million for eight VLCCs with Dalian New Ship Heavy Industry shipyard. Another order…

Overseas Shipholding Group (OSG) based in New York will build four 114,000 dwt Aframax tankers at the New Times Shipbuilding yard in Jinjiang, China. The vessels, scheduled for delivery in 2008 and…