General News

As part of its ambitious expansion plans, national flag carrier Shipping Corporation of India (SCI) is all set to acquire 14 ships at a total cost of $563 million."The proposal of acquiring…

US naval designer Gibbs & Cox will set up an Adelaide headquarters, helping to create more than 100 jobs.The Virginia-based firm will set up corporate headquarters near Outer Harbor-based ASC, which, in…

Vosta LMG received a contract for a cutter suction dredger from Arab Potash in Jordan. This new dredger is of special design as it will need to excavate hard salt deposits in…

ABB has won contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 new marine vessels and for two semi-submersible drilling rigs. The…

Petronet LNG Ltd, India's largest liquefied natural gas importer, has awarded a 25 year charter agreement for one additional LNG ship from a consortium led by Exmar of Belgium at a day…

The Odense Steel Shipyard presented its latest newbuilding for the A.P. Moller - Maersk Group. The 7,000TEU post-Panamax boxship was named Gjertrud M?rsk and is the fourth ship in a new series…

Hyundai Mipo Dockyard recently captured two orders for product carriers. The first comprised of three 37,000DWT tankers from a European ship owner for as a total value of $124 million. The second…

A new marine research vessel will be built by the Macduff shipyard in Aberdeenshire. Ministers are expected to confirm that the $7 million contract has been awarded to the north east yard,…

Iran's Shipping Lines (IRISL) Panamax bulk carrier ?Iran Bojnourd? was recently delivered by Jiangnan Shipyard in Shanghai. The 74,000 DWT newbuilding is the second in a five-ship series ordered by IRISL and…

L-3 Communications based in New York has signed an agreement to acquire SAM Electronics GmbH (SAM) for $150 million in cash, subject to customary closing conditions and regulatory approvals. SAM is expected…

Norden, Denmark-based shipping company, signed three contracts with China State Ship-building Corporation (CSSC). The contracts will increase Norden's current investment in China to over $100 million. Under the agreement, Norden will commission…

The Ferguson shipyard in Inverclyde has been awarded a multi-million pound contract to build a new ferry for Caledonian MacBrayne. The $10.4 million order was won by the Port Glasgow yard despite…

The christening and launching ceremony of the large cruise ferry ordered by Tallink took place at Aker Yards shipyard in Rauma. The 165 million Euro vessel was named ?Galaxy? and will start…

The Russian Maritime Register of Shipping (RS) and Italian classification society RINA have signed a new agreement on co-operation in performing surveys of ships and floating structures under construction and in service,…

Aker Langsten shipyard in Norway has delivered the first in a series of six PSVs to Siem Offshore Inc. The 73.4 metre long, 16.6 metre wide vessel bears the name ?Sasha? and…

The European Commission said it has rejected a request from the Italian government to aid an extension of the delivery of a cruise ship at the Fincantieri shipyard.The commission said that as…

The first ship built since 1990 for a Romanian ship owner was launched at Constanta Shipyard. The 41,000 TDW oil tanker ?Histria Perla? was designed by ICEPRONAV Galati and was ordered by…

ThyssenKrupp Technologies and EADS signed a Memorandum of Understanding making both companies a team in the bidding process for Atlas Elektronik, a subsidiary of BAE systems, and are submitting a joint bid.…

Top offshore oil-rig builder Keppel Offshore & Marine (Keppel O&M) said it would settle for fewer new orders next year and would not build or buy new yards as it is already…

Flensburger shipyard in Germany has signed contracts for four ships plus six options of its new design ConRo 200 with a European Shipowner. The price of the newbuildings is not being disclosed.…

Farstad Supply, a wholly-owned subsidiary of Norway-based Farstad Shipping, has confirmed an order for a platform supply vessel with West Contractors of ?lensvåg, Norway. Delivery is scheduled for January 2007.The newbuilding, of…

Aker Philadelphia Shipyard has begun production on the second of ten vessels in the 46,000 dwt product tanker build program announced last spring. Steel cutting for the ship, the sixth built by…

The St. Petersburg-based Admiralty Shipyard has begun sea trials of a fourth-generation Project 677 Lada class diesel-electric submarine, according to the company's press office. During the next few months, the submarine, called…