General News

The Hamburg shipping company E.R. Schiffahrt recently commissioned its 60th ship, with the 8,200TEU ?E.R. Tianan?. This Post-Panamax ship is one of the largest in the world, with length overall 335 metres,…

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…

Officials have signed off on a plan for the US Navy to begin detailed design and procurement for materials to build eight new generation destroyers. Kenneth Kreig, the Under Secretary of Defense…

Construction of a shipyard project, believed to be the largest of its kind in China, commenced recently at Haixiwan Bay in Qingdao, a port in east China's Shandong province. Covering an area…

Star Deep Water Petroleum Limited, an affiliate of Chevron Corporation, has commenced the construction of the FPSO vessel for its Agbami Field, valued at $1.1 billion. The vessel is being built at…

Mitsubishi Heavy Industries in Japan clinches a 145,400 cbm moss type LNG carrier from Cygnus LNG Shipping, a joint venture of Nippon Yusen Kaisha (NYK Line) together with the Tokyo Electric Power…

Sources in Germany report that the country will sell Israel two AIP-equipped SSK Dolphin class submarines for a total of EUR 1 billion ($1.17 billion), with the German government picking up one-third…

Hyundai has delivered three 100,000 DWT oil tankers for Sakhalin-1 Oil and Gas Project costing $150m. The tankers were ordered by Sovcomflot, Russia?s largest shipping company, and were designed and built specifically…

Ship repair work has restarted at the former Cammell Laird dry docks in Birkenhead.Northwestern Shiprepairers and Shipbuilders has been let back into the yard by landlord Reddington Finance as the two companies…

Gdynia shipyard recently submitted to the Polish Treasury, a proposal to sell Stocznia Gdynia.Meanwhile, the Polish government will prepare a list of measures necessary to implement the splitting up of the two…

Construction began a few days ago on the Thinh Long shipyard in the northern province of Nam Dinh in Vietnam. The new facility will form part of the Hoang Anh Shipbuilding Joint…

Hanjin Shipping will double its container fleet by 2010. To achieve the goal, Hanjin will place a new order for five 10,000TEU container ships next year for delivered in 2009. The timing…

Transocean Inc has entered into an agreement with Chevron Corp for the upgrade of one of Transocean's Sedco 700-series semi submersible rigs. Under the terms of the drilling contract, Chevron will contract…

The Belgian shipping company EXMAR has confirmed a long-term charter party with Excelerate Energy LP, Woodlands, Texas, of a further LNG regasification vessel (LNGRV). The vessel will be built by Daewoo (DSME)…

The European Union threatened to ban about 200 cargo ships from its waters to prevent accidents such as the sinking of an oil tanker off the Spanish coast three years ago. The…

The Malaysian shipbuilder NGV Tech Sdn Bhd plans to expand its shipyard in Sijangkang to cope with the increasing demand for newbuildings. The Sijangkang yard which has the capability to build mainly…

Prosafe ASA's wholly-owned unit Prosafe Production Services Pte Ltd has won a $178m contract from New Zealand Overseas Petroleum Ltd. The New Zealand company will lease a Flotation Production Storage and Offloading…

Daehan Shipbuilding in South Korea will start the construction of a 29.97 acres new shipbuilding facility in Haenam and the development will consist of two stages. The first stage will cost W…

The net profit of the Arab Shipbuilding and Repair Yard Company (Asry) is expected to reach $6.4 million this year while the net operating income is projected to reach $106m, compared with…

Aker Yards and Viking Line have signed a letter of intent for delivering a passenger ferry in January 2008. The contract value is within the range EUR 110-130 million.The agreement includes options…