General News

Some of the maritime industry?s leading practitioners have urged global shipbuilders and suppliers not to let the current shipping boom distract them from what must remain their top priority: the construction of…

Hyundai Mipo Dockyard Co., an affiliate of Hyundai Heavy Industries Co., has won an order worth 163 billion won ($159 million) to build four bulk carriers for an unidentified shipowner in Asia.…

The state government of Gujarat in India has made provisions in the new industrial policy to boost shipbuilding and ship repair industry and is planning to offer special incentives for the sector…

Indonesia?s Pertamina has ordered five 30.000 dwt product oil tankers from China's Zhejiang Chenye shipyard. These vessels will be the first newbuildings ordered by an oil company in South East Asia to…

Engineering and construction company McDermott International Inc. said that one of its subsidiaries has entered into a joint venture with a subsidiary of the state-owned China Shipbuilding Industry Corp (CSIC). The joint…

Following on from compatriot Hanjin Heavy Industries and Construction's foray into the country, Samsung Heavy Industries is identifying potential land in the Philippines in which to expand. Hanjin became the first Korean…

British company Shadotec is working with Wilhelmsen Marine Consultants (WMC) and Petroleum Geo-Services (PGS) on a joint research project investigating the potential of utilising wingsail propulsion for commercial ships. The consortium, backed…

Brazilian engineering and construction giant Odebrecht recently placed an order with Daewoo Shipbuilding & Marine Engineering (DSME) for two newbuild drill ships. DSME unveiled the reported $1.37 billion deal last month, but…

Seadrill has entered into an agreement with Keppel O&M in Singapore to build a new semi-submersible self-erecting tender rig (semi-tender). Total project price for the semi-tender is estimated at $210 million and…

Bollinger Shipyard in the USA has launched the ?Knockout?, the last of ten GPA 654 Platform Support Vessels owned by Rigdon Marine and designed by Guido Perla & Associates in Seattle. The…