General News

Keppel Offshore & Marine Ltd (Keppel O&M), the wholly owned subsidiary of Keppel Corporation Limited, has acquired from the PEM Setal Group the latter?s entire 17.25% interest in FELS Setal S.A. The…

The Korea Shipbuilder's Association recently presented a report that Chinese shipbuilders are likely to overtake Korean yards in the construction of large container ships within the next five years. It also claims…

With reference to a letter of intent (LOI) announced on 20 October 2004, Aker Yards has now received a confirmation in the form of a firm contract for building of three container…

China Shipping Development Co, a subsidiary of China Shipping Group, has ordered a 298,000dwt VLCC from Dalian New Shipyard. Ship particulars are 333.5m in length, 58m in breadth, 31m in depth, a…

Three Puget Sound shipyards are competing to build four new state ferries worth in total $200 million. J.M. Martinac Shipbuilding of Tacoma, Nichols Brothers Boat Builders on Whidbey Island and Seattle's Todd…

Aker Yards has signed a LOI with Fjord1 to build five gas powered ferries with delivery scheduled for second half of 2006. The value of the contract is approximately $193 million. The…

Norwegian Cruise Line (NCL) has ordered a new 2,400 passenger cruise ship from Meyer Werft in Papenburg, Germany, for delivery in February 2007. This 93,000 GT newbuilding will be a sistership to…

Samsung Heavy Industries announced it has secured orders for two 153,200 cubic metre LNG carriers and four post-Panamax container ships from a European ship owner for delivery by April 2009. Even though…

Lauritzen Kosan, the gas arm of Danish Shipowners 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 Yards has signed a Letter of Intent (LOI) with NCL Corporation (NCL) for building a high standard cruise vessel. The LOI, valid until the end of this month, also includes an…

Aker Brattvaag AS, a company in the Aker Yards Group, has signed a contract with Farstad Supply AS, for the building of two Offshore Supply Vessels. The total contract value is approximately…

Sasakura Engineering in Japan has developed and launched a range of oily water separators that fully complies with new IMO bilge water rules due to come into effect from 1 January 2005.…

The largest container ship ever to have been built in Japan was taken into service today as the ?P&O Nedlloyd Mondriaan?. With a length of 335 metres, a width of 42.80 metres…

Aker Brevik AS, a company in the Aker Yards Group, has been awarded a contract by Olympic Kombiskip KS, in Fosnavåg, Norway, to deliver a platform supply vessel of the UT 755LN…

Iran Shipping Lines (IRISL) ordered US$450 million of vessels from domestic yards in the country's biggest shipbuilding order. As the Middle East's biggest non-oil shipping company, IRISL ordered as many as ten…

Following the signing of a long-term time charter for two gas carriers with Yara, Kawasaki Kisen Kaisha ("K"Line) has ordered two 38,000 cubic metre, fully refrigerated ammonia/LPG carriers from Daewoo Shipbuilding &…

POSCO will raise prices of its steel plates and hot-rolled coil to Japan by as much as 5,000 yen ($48) a tonne in the first quarter as demand from China pushes up…

Labroy Shipbuilding and Engineering in Batam Island, Indonesia, a subsidiary of the Singapore-based Labroy Marine, has won a new shipbuilding contract worth $23.1 million from Norway's Belden Shipping Group. It is a…

Samsung Heavy Industries has developed a 12,000TEU container ship design which it is now actively marketing. As the largest container carrier to date, the vessel will have a length of 383m and…

Hamworthy has won orders and a letter of intent totalling £48 million ($92 million) to supply eight LNG reliquefaction systems to the first LNG carriers to use slow-speed diesel propulsion engines. The…

COSCO Hong Kong Group has placed an order for two 300,000 DWT bulk carriers with the Japanese shipbuilders Universal Shipbuilding and Sumitomo. The two newbuildings will be used to ship ore products…

Daewoo Shipbuilding and Marine Engineering (DSME), South Korea's most profitable shipbuilder, is planning to expand its global network through acquisitions. "We are considering boosting our overseas presence by acquiring small and medium…

Nippon Yusen Kaisha (NYK) is to build and operate two LNG carriers for use by Osaka Gas Company to import LNG, and has concluded a shipbuilding contract with Kawasaki Shipbuilding Corporation. The…