General News

The US Navy has announced a contract for the construction of a second Austal-designed and built Littoral Combat Ship (LCS). Awarded to prime contractor Bath Iron Works, a General Dynamics company, the…

BAE Systems and VT Group in the UK are poised to sign a ground-breaking joint-venture agreement to merge their shipyards into a national champion. The new entity, to be called BVT Surface…

China Shipping (Group) Co., the nation?s second-biggest sea-cargo company, plans to order dry- bulk ships this year as prices fall on overcapacity concerns and the global recession. "We?ll never give up on…

The estuary of Narmada river, in Gujarat, India, is all set to become the lifeline for shipbuilding activities of India. In a move with far-reaching consequences, the Gujarat government has decided to…

Samsung Heavy Industies is part of the Atlantico Sul (AS) consortium which last week received news it is to receive Reais 542m ($248m) from the Brazilian National Development Bank (BNDES) to build…

Norway?s Ulstein Verft recently launched a new Ulstein SX121 construction vessel on April 29. ?Sarah? has been in the dockyard since the middle of January 2009 and was built for Marine Subsea,…

The survival of embattled Chilean shipping group CSAV could rest with South Korean shipbuilder Samsung Heavy Industries after German owners attending crisis talks in Hamburg last month attached conditions to a rescue…

It?s not the owners? fault, it?s the yards who are to blame for the likely prolonged downturn in shipping said Arthur Bowring, md of the Hong Kong Shipowners Association. Speaking at the…

The New York City Department of Environmental Protection, Bureau of Engineering Design and Construction (BEDC) has released invitation to submit sealed bids for the construction of three identical 140,000 cu. ft. self-propelled…

The South Korean government has decided to inject 9.5 trillion won to large shipbuilding companies and mid-sized subsidiaries of shipyards to help them complete construction of vessels. The latest move stemmed from…