General News

Daesun Shipbuilding in South Korea has won an order for two landing platform docks from Indonesian Navy. Total contract price is $58.7 million and both vessels will be delivered by August 2007.

Maple LNG Transport, a joint venture owned equally by MOL and Hiroshima Gas, has ordered a 19,100 cubic metre LNG carrier from Kawasaki Shipbuilding, and signed a 20 year charter contract with…

Color Line AS and Aker Yards have signed a letter of intent (LOI) for the order of a second ship, a sister vessel to ?Color Fantasy?, the world's largest cruise ship with…

Lauritzen Kosan, the gas arm of Danish shipowner J. Lauritzen A/S, has signed a newbuilding contract for a series of four semi-pressurised gas carriers with ethylene capacity at INP Heavy Industries in…

Aker Ostsee in Germany, a part of Aker Yards, has been awarded contracts to build two container vessels of the type Aker CS 2700 for Reederei F. Laeisz GmbH in Rostock (Germany).…

China Ocean Shipping (COSCO) and Anshan Iron and Steel Company (AISC) have become strategic partners to minimise the effects of iron ore price hikes. Under the joint venture agreement, COSCO will provide…

Korean shipbuilders will maintain their No. 1 position in the world until 2015 with a market share of over 40% in terms of completion volume, according to an announcement by Korea Shipbuilder?s…

Italian shipbuilder, Fincantieri, has delivered the 40,000 gt cruise ferry ?Sharden? to Tirrenia Navigazione. Built at Fincantieri?s shipyard in Castellammare di Stabia, this newbuilding completes the ferry company?s modernization programme. Measuring 214…

The decision on the winner of the Australian $6 billion contract for naval air warfare destroyers has been delayed by at least three weeks following demands made by the Defence Department for…

Hyundai Heavy Industries has won orders for container ships worth $1.1 billion from shipowners in Kuwait and Iran. United Arab Shipping Company in Kuwait ordered eight 6,800TEU vessels to be delivered by…

Navantia is the new name chosen for the former Spanish shipbuilder Izar and SEPI, the owners, will own the new company which will consist of the military naval yards of Cartegena, Fene,…

South Korea's three largest shipbuilders, Hyundai, Daewoo and Samsung, have clinched orders from a Qatari gas producer to build LNG carriers worth more than $10 billion. The three yards will be supplying…

Cido Shipping in Japan has ordered two more 2,824TEU container ships from Hyundai Mipo Dockyard at the total contract price of $102 million. Ship particulars are 222m length, 30m breadth and 16.8m…

Hanjin Heavy Industries aims to secure newbuilding contracts worth $2.7 billion and a turnover of $2.2 billion this year. The Busan-based shipbuilder targets operating profit of $70 million. The Korean shipbuilder said…

China National Offshore Oil Corporation (CNOOC) and ConocoPillips China signed a contract with Shanghai Waigaoqiao Shipbuilding for the construction of a 300,000DWT FPSO for service in China's Bohai Bay. Fu Chengyu, chairman…

Pole Star Space Applications Limited, industry leader in maritime fleet tracking solutions, has launched its 2nd generation entry-level DSAS-L ship security alert system (SSAS). The solution is fully compliant with SOLAS XI-2/6,…

Simrad is launching a new Electronic Chart Display and Information System (ECDIS), the CS68 ECDIS, based on the marine dedicated MC50 computer. For the launch of its new CS68 ECDIS, Simrad is…

Jurong Shipyard, a subsidiary of SembCorp Marine has been awarded a $50 million contract from Houston-based Atlantia Offshore for the construction of a deep draught semi-submersible hull design for the Independence Hub…

The Contract requires the complete engineering, construction, outfitting and commissioning of a 8,000 tonne new-built hull into a self propelled, DP 2 heavy lift and pipelay vessel with accommodation for 330 persons,…

Kawasaki Kisen Kaisha ("K" Line) has awarded a contract to Samsung Heavy Industries for two 153,200m3 LNG Carriers scheduled for delivery in 3rd and 4th quarter of 2008. These new vessels will…

Aker Ostsee shipyards in Wismar and Rostock-Warnemünde, a subsidiary of Aker Yards, has been awarded a contract to build two plus two container vessels for Thien & Heyenga in Hamburg, Germany. The…

The US shipping company Matson Navigation has agreed to buy two more two 2,600 TEU container ships from Kvaerner Philadelphia Shipyard for a total of $290 million. Matson bought the first two…

Aker Yards is to build a multifunctional, anchor handling tug supply service vessel, of the type UT-712 L for Farstad Supply AS in Ålesund, Norway. The value of the contract is approximately…