General News

Damen Shipyards Gorinchem has been awarded a contract to construct a 41 metre aluminium monohull fast ferry for the Danish operator, Christians?farten A/S, based on the island of Bornholm.The new ferry will…

US oil major ChevronTexaco Corp. has ordered two LNG carriers from South Korea's Samsung Heavy Industries to support the planned growth in the company's LNG business. Each newbuilding will have a 154,800…

Malaysia Marine and Heavy Engineering (MMHE), formerly known as Malaysia Shipyard Engineering (MSE), is set to become Malaysia?s deep-water hub. MMHE will be focusing on expanding its marine and heavy engineering business…

Daewoo Shipbuilding has clinched orders for eight ships with a total value of $880 million. This latest haul comprises of four 84,000 cubic metre LPG carriers, two from Exmar and two from…

Hudong Zhonghua Shipbuilding in China has secured an order for two 75,000DWT bulk carriers from a Greek interest for delivery in March and July 2008. Ship particulars are 225m in length, 32.26m…

Keppel Singmarine, a wholly owned subsidiary of Keppel Offshore & Marine Ltd. (Keppel O&M) has secured orders for three offshore support vessels (OSVs) and two tugboats totalling $49 million. The vessels will…

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, are poised to win contracts worth almost $1bn to build 10 oil tankers for Iran. National Iranian Oil Tanker Co (NITC) will award…

Samsung Heavy Industries said it is expanding production of ship parts in China by 67% to reduce its labour costs and lessen the impact of steel price increases. The Korean shipbuilder has…

Lloyd?s Register Asia has completed the first safety case in Korea for dual-fuel electric propulsion in association with Daewoo Shipbuilding (DSME) and Wärtsilä. The system is for the new large LNG tanker…

Aker Yards has been awarded a contract worth approximately $127 million by Island Offshore to build two anchor handling tug supply (AHTS) vessels of the new Rolls Royce Marine?s UT 787 design.…

Industry throughout Australia has the opportunity to work with the Austal-Raytheon Amphibious Ships Team, which in August 2004 announced its intention to bid for the Australian Defence Force?s $1.55 billion Amphibious Ships…

Engineers at Daewoo Shipbuilding and Marine Engineering (DSME) have developed what the company calls a ?vacuum blasting robot for hull? which has the ability to blast the outer surface of a ship?s…

As a result of increased activity in deep-sea oil fields, orders for new floating production units (FPU) are increasing. DSME estimates that 166 FPUs are likely to be ordered by 2010. The…

Korean shipbuilders and marine equipment manufacturers have signed a cooperation agreement for mutual development. As a result of this agreement, Korean shipbuilders aim to increase the content of Korean made equipment from…

China's shipbuilding industry is expected to exceed ten million tonnes this year, which will account for 18% of the world?s newbuilding market compared with 15% last year. General Manager of the China…

Aker Yards has been awarded a contract worth approximately NOK 270 million by Olympic Shipping AS to build an AHTS vessel of the UT 712 L type.Delivery from Aker Brattvaag?s' S?viknes Verft…

The Finnish ferry company Silja Line, part of Sea Containers Limited, has signed a letter of intent with Aker Finnyards for two ropax vessels. The value of the two ships is Eur205…

Meyer Werft in Papenburg, Germany, is to build another cruise ship for the US cruise operator Norwegian Cruise Line (NCL) for delivery in early October 2007. The newbuilding is a sister ship…

Samsung has recently increased its LNG order book with orders from ChevronTexaco and a Japanese shipping company. The US oil major has placed a contract for two plus two dual fuel 155,000…

The Singapore-based shipyard, SembCorp Marine, has posted a 13% rise in first-quarter net profit to $14.5 million. The increase was helped by record oil prices which fuelled demand for the company?s services.…

More than half the workforce at a troubled British shipyard has been made redundant. About 160 of the 240 workers employed at McNulty Offshore in South Shields, South Tyneside, will lose their…

Hanjin Heavy Industries in Korea has won an order for five 4,000TEU container ships from an unidentified European shipowner at a total cost of $365 million. All units will be delivered by…