General News

Long-term ship repair and conversion work will return to the former Cammell Laird shipyard. The resumption of marine engineering work at the famous Birkenhead yard in the UK follows an agreement being…

Chinese shipbuilders are gearing up to build LNG tankers as the Government approves more projects to import the fuel, challenging yards in South Korea and Japan.China's first home-built LNG tanker will be…

Korean shipbuilders are considering building more shipyards overseas to meet the current demand for newbuildings. Daewoo Shipbuilding & Marine Engineering is seeking to acquire shipyards for medium-sized vessels in Brazil, Angola and…

Jiangnan Heavy Industries in China secured an order for two 297,000DWT VLCCs from Frontline. The two tankers will be built at new shipbuilding facility and no delivery date has been revealed.

Sunferries in Townville, Queensland, Australia, has ordered two new 300 passenger capacity, fast cat ferries capable of travelling at 28 knots to operate their route across Cleveland Bay to Magnetic Island. The…

Keppel FELS has secured a contract with GlobalSantaFe Corporation (GSF) to build an ultra-deepwater drilling rig for $270 million.Under the contract agreement, GSF will supply the drilling and sub-sea equipment while Keppel…

A $45 million order from UK shipowner Carisbrooke Shipping for three new vessels will keep the Port Weller Dry Docks shipyard in Ontario, Canada, in full employment for the next two years.…

Chevron Corporation has awarded the Houston-based offshore drilling company, Transocean Inc., a drilling contract for the construction of an enhanced Enterprise-class drillship. The enhanced Enterprise-class drillship, to be named the ?Discoverer Clear…

Wärtsilä Corporation and the BLRT Grupp of Estonia will set up a second joint venture to service ships in the Baltic area. The joint venture will be owned 51% by Wärtsilä and…

Seaspan Corporation has signed a contract to build four 2,500 TEU vessels from Jiangsu Yangzijiang Shipbuilding in China. These new orders are incremental to Seaspan's original contracted fleet and will increase the…

Bergesen Worldwide Tankers signed contracts to build two 320,000 DWT VLCCs at Bohai Shipyard. These will be the largest ships of their type ever built in China and delivery is slated in…

Samsung Heavy Industries clinched a 155,000 cbm LNG carrier from Petronet and an oil platform from ONGC in India at a total price of $500 million. The 285m long, 44m wide LNG…

Hanjin Heavy Industries has signed a land lease agreement with the Subic Bay Metropolitan Authority to construct and operate a $1 billion shipyard at the Subic Bay Freeport Zone in Zambales. The…

?Clipper Target?, a bulk carrier for the Clipper Group of Bahamas, was recently launched at the Cochin Shipyard (CSL) in India together with a fire-fighting tug for the Jeddah Port Authority, Saudi…

Nam Trieu Shipbuilding Company (NASICO), part of the Vinashin shipbuilders group, began work on a vessel that will be Viet Nam?s biggest container ship. The 700 TEU ship is 133.60 metres long,…

Singapore company Labroy Marine Ltd is preparing a site on Indonesia's Batam Island for a new rigs and FPSO conversion yard, which would be partially managed by Labroy Offshore Ltd. The 40-ha…

Meyer Werft in Papenburg, Germany, has cut the first steel plate for the lead-ship in a four-ship series of LEG/LPG tankers ordered by Norwegian shipowner Solvang AS. The 17,000 cubic metre gas…

Exports of ships, boats (including hovercrafts) and floating structures in 2005 (January-November) recorded an increase of 66% to $565 million compared with the corresponding period in 2004. During the same period, the…

The Davie shipyard near Quebec City is expected to be sold to the Quebec-based ship repair company, Navamar. The trustee for the bankrupt shipyard announced it has accepted Navamar's purchase offer, considered…

CMA CGM of France placed a new order of four 4,300TEU container ships with Hanjin Heavy Industries at a total price of $250million. The first unit will be delivered in the second…

Siem Offshore in Norway has awarded a shipbuilding contract to Kleven Maritime AS for a multi-functional field & ROV support vessel for delivery June 2007, at a cost of approximately $50 million.…

A large container vessel insured with Gard has recently experienced a serious loss of containers. Whilst investigating the incident they learned of similar events with several other new, large vessels covered by…