General News

Aker Yards has entered into a contract with GEO ASA for the building of a ROV support vessel at a cost of $60 million. The vessel will be built by Aker Yards…

The former shipbuilding yard at Krimpen a/d Ijssel near Rotterdam, Holland, which was closed three years ago when Van der Giessen-De Noord went into receivership, could be reactivated to provide much needed…

Having arrived at the Grand Bahama shipyard in Freeport for temporary repairs to its 150 fire damaged cabins, the ?Star Princess? will set sail later this week for the Lloyd Werft shipyard…

Mitsui OSK Lines (MOL) announced a restructuring of the company?s ship management system to enhance the company?s safety program in the light of its plan to expand its fleet from about 700…

The Dutch shipbuilder Damen Shipyards Gorinchem has secured a contract to build five 42 metre catamaran passenger ferries from the Istanbul Metropolitan Municipality, on behalf of operator Istanbul Deniz Otobusu (IDO). The…

Hanjin Shipping will, this Friday, sign a $256.4 million contract with Samsung Heavy Industries (SHI) to build four additional 4,275TEU containerships. They will be of the same capacity and type as the…

Myklebust Verft in Gursken, Norway has entered into a contract with Rem?y Management, Norway, for the delivery of a coastguard vessel, with an option for one additional unit. The vessel is a…

The Mumbai based Great Eastern Shipping Company (GE) recently took delivery of a newly built OSV named Malaviya Twenty Five from the Indian shipbuilder Bharati Shipyard Ltd.Bharati Shipyard has also won an…

Daewoo Shipbuilding & Marine Engineering (DSME) has delivered the first three vessels built at its Romanian shipyard Daewoo Mangalia. These 69,180 dwt crude oil tankers are the largest-ever built in the Black…

Earlier this week, DNV launched a maritime academy for industry professionals in Hong Kong, agreed to certify new curriculum at the ailing Hong Kong Sea School, and donated half a million HK$…

NYK Lines of Japan plans to invest $200 million over the next five years on a number of shipping and logistics projects in Viet Nam in a bid to tap what it…

Gail (India) Ltd has received response from eight national and international firms/consortiums for the expression of interest (EoI) invited by it for transportation of compressed natural gas (CNG) from Myanmar. The company…

Cruises? ?Star Princess? recently arrived at the Grand Bahama Shipyard where an examination will be carried out to assess the extent of the fire damage sustained to some 150 cabins. The fire…

The Malta Shipyards has recently secured two contracts which will keep it fully occupied until the end of this year. In the first contract, the yard won a $8.4 million job for…

Farstad Shipping ASA in Ålesund, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build two platform supply vessels at a total cost of $87 million. The…

Hyundai Heavy Industries has won an order for four VLCCs at the price of $480 million from a European ship owner. They will be delivered by June 2009.

Babcock International will defend itself with a robust trading statement this week as directors face up to the probability that they could be involved in a fierce take-over battle. Already BAE Systems…

Hyundai Heavy Industries has started to use its new shipbuilding block factory in Ulsan, which will supply 86,000 tonnes of blocks for ships this year. The 347,500 m2 plant is equipped to…

The British Columbia government in Canada has approved funding for three replacement ferries on its north coast routes. This announcement was made on the same day Premier Gordon Campbell flew up to…

BAE Systems and VT, the UK defence and civil contracting groups, are considering a joint bid for the Rosyth dockyard owned by Babcock, the support services and shipbuilding group, in a move…

Daesun Shipbuilding in South Korea wins an order for four chemical tankers from an Asian ship owner. Total contract price is $139 million for delivery by June 2009.

Garware Offshore Services based in Mumbai, India, plans to acquire two anchor handling towing-cum-supply vessels (AHTSs) and one platform supply vessel (PSV) for an estimated cost of $55 million. This will increase…

Frontier Drilling USA in Houston has engaged Aker Arctic of Helsinki, Finland, to proceed with the initial design and conceptual development of the modification work for their turret moored drillship ?Frontier Discoverer?.…