General News

A purpose-built barge being commissioned by the end of February at MacGREGOR?s offshore equipment manufacturing site in Kristiansand, Norway will enhance the Offshore division?s production and testing capacity MacGREGOR?s Offshore division is…

Unconfirmed reports indicate that Taiwan?s Evergreen Marine has plans to spend $5.5 billion to build 100 container ships before the anticipated recovery of the global economy in 2012. The fleet augmentation will…

Austal has secured its first European defence contract with an order for four 21.2 metre inshore patrol craft - including training and spares support - with the Armed Forces of Malta (AFM).The…

Loss-making Croatian shipyard 3.Maj has signed a contract for two 51,800 dwt product tankers for $106 million. The state-owned builder will deliver the ships to owner Uljanik Plovidba, also of Croatia, in…

Croatia?s Atlantska Plovidba, the bulk and heavy lift shipping company, has altered several contracts to lower company expenditure during the economic downturn. The Zagreb-listed owner has cancelled two of four Panamax orders…

The Eletson Corporation enters a new market sector with the delivery of their first ever liquefied petroleum gas (LPG) carrier. Built at Hyundai Mipo Dockyards (HMD) in Korea, the ship marks a…

South Korean trading company Hyundai Corp. said its shipbuilding unit in China won a $120 million order to build 10 vessels for a Russian company. The dry cargo vessels, which will be…

Japanese shipbuilder Tsuneishi Heavy Industries (Cebu), Inc. will be spending P11 billion to expand its local facilities at its West Cebu Industrial Park in Balamban, Cebu. The expansion, which requires an additional…

The Maltese government's Privatisation Unit has received bids for all the 4 units of Malta Shipyards. The call for bids closed on Thursday and, in all, 23 companies had shown interest and…