General News

South Korea's Daewoo Shipbuilding and Marine Engineering Co. (DSME) secured a drillship order from an undisclosed client based in the Americas. The drillship, valued at a reported KRW766 billion ($754.7 million), is…

WWF-UK welcomes the findings of the joint committee report on the Draft Marine Bill which have been published today. The report raises important points about the need to strengthen the provisions of…

The recently established Qingdao Yangfan Shipbuilding Co., Ltd., funded by Yangfan Group and Qingdao Machinery Industry General Co., Ltd., with a total registered capital of RMB650m, plans to construct a shipbuilding facility…

India's Bharati Shipyard has won a repeat $67.86 million order from Norwegian Offshore Shipping Ltd for two AHTS vessels.

The International Maritime Organisation (IMO) has resolved to step up protection of new cargo and passenger vessels in the case of accident. Accordingly, all new vessels built from 1 January 2009 will…

The commissioning of a second slipway at Titan Quanzhou Shipyard in China?s Fujian province has doubled its annual shipbuilding capacity to 20 vessels of 7,000-9,000 dwt. The second slipway is 275 metres…

Fincantieri has signed a contract with Rosatom, the Russian Body for Atomic Energy, for the construction of a vessel to transport irradiated fuel and radioactive waste from the dismantling of Russian nuclear…

Bergen Group has recently finalized the purchase of Fosen Holding, including Fosen Yards. The purchase price has been reduced from NKr 200 million to NKr 180 million. The total consideration is a…

Keppel Offshore & Marine Limited?s (Keppel O&M) has secured a S$181 million ($131million) contract to build a multi-purpose heavylift / pipelay vessel for Romanian drilling contractor, Grup Servicii Petroliere SA (GSP). To…

State-run Shipping Corp of India (SCI) will order four bulk carriers by August as part of its ongoing fleet expansion programme. The company already has ordered 28 ships costing $1.6 billion and…