General News

Vietnamese designers are attending a training course held by Polish experts in advanced shipbuilding technology. The course is held by the Vietnam Ship Buiding Industry Corporation (Vinashin) with assistance from Poland?s Ship…

Taiwan Maritime Transportation has submitted an expression of interest in bidding for the privatization of China Shipbuilding Corporation, the Taiwan government owned shipyard. It is believed that TMT was the only bidder…

Rolls-Royce has been awarded a contract for the delivery of design and equipment for an oil well intervention vessel that will allow operations previously only done from rigs or platforms. The Norwegian…

Following the selection of preferential bidders by Korea Gas Corporation to carry 5.5 million tonnes of LNG from 2008, the company has placed newbuilding orders for LNG carriers with local shipbuilders.Korea Line…

Aker Yards has signed a contract worth approximately $100 million to build a Well Intervention Vessel for Island Offshore for delivery in January 2008. Main duties for the new vessel of Rolls…

Singapore oil rig manufacturer SembCorp Marine has completed the purchase of a Texas-based shipyard in a move expected to boost its presence in the oil-producing US Gulf Coast region. SembCorp Marine said…

China LNG(CLNG), joint venture of Cosco and Chinese government, has decided to order two more 147,000 cbm LNG carriers. However, ship delivery date, shipbuilder, ship price and LNG projects have not yet…

Verreault Navigation Inc. of Les Méchins, Quebec in Canada, has been awarded a $4.8 million contract to modify and enhance some of the design elements of the ferry Madeleine operated by CTMA…

Fincantieri and Tallink signed a contract to build two new generation, high performance, ice-class cruise ferries, one of which is an option. Tallink, the leading Estonian ferry operators and one of the…

Korean shipbuilder Samsung will build four ice-class 70,000-ton tankers for Russia?s oil major Lukoil to help it export crude from the Arctic to Western markets. Delivery is scheduled for 2008 and will…

Western Ferries, which operates from Dunoon to Gourock, has placed a £500,000 order for a roll on/roll off terminal with Ferguson's yard on the river Clyde in Scotland. The Port Glasgow yard…

Daewoo Shipbuilding & Marine Engineering Co. said it will bid for Santierul Naval 2 Mai Mangalia, a Romanian government-owned shipyard, to expand capacity in the country."Daewoo Shipbuilding plans to make a bid…

The Joint Iran-India LNG consortium in its first step for LNG export is to place an order for 8 new carriers valued at $1.6billion. Four of the ships will have a capacity…

Hyundai Heavy Industries has won an order for two 60,000 m3 LPG carriers from Solvang and two 35,000 m3 LPG carriers from Itochu in Japan at the total contract price of $300…

Daewoo Shipbuilding has captured a contact for two semi-submersible drilling rigs from Frigstad Offshore Drilling in Singapore at the price of $480 million.They will be delivered on December 2008 and June 2009…

Newfoundland and Labrador in Canada could be the big winner in Ottawa's $1.8 billion plan to replace the navy's aging supply ships, as two of the four consortiums bidding on the project…

Petroleo Brasileiro SA, Brazil's state-controlled oil company, opened bidding on more than $1 billion of contracts to build 26 oil tankers and other vessels as the company boosts its spending on domestic…

The global fleet of LNG tankers needs to expand by 66% by 2010 to meet current and future demand from exporters including Qatar, Australia and Nigeria, according to LNG Shipping Solutions. About…

National flag carrier Shipping Corporation of India (SCI) will sign a contract with Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) to acquire two 300,000 dwt VLCCs at a cost of $253…

TOTAL Lubmarine has outlined its position concerning increasing raw material costs and growing shortages of marine lubricants.Andrew Knox, Head of Marketing at TOTAL Lubmarine, says, "Recent events, even before Hurricane Katrina, and…

Ferry passengers travelling between a group of Indian islands in the Arabian Sea will soon benefit from a new high-speed catamaran passenger ferry service. The service will employ three new vessels designed…

A South Korean state agency that is jointly selling 51% of Daewoo Shipbuilding & Marine Engineering (DSME) might reject bids from companies that did not support national interests. Korea Asset Management (KAM),…

Aker Yards has been awarded a contract worth approximately $47.5 million by NorSkan Offshore Ltda., Brazil, to build an anchor handling tug supply (AHTS) vessel for delivery in April 2007. The shipyard…