General News

The international shipbuilding group Aker Yards ASA could help build a huge shipyard worth $1 billion in north-western Russia. A year ago, Moscow announced plans to build a large shipyard for manufacturing…

The first of two 47.5 metre passenger catamaran ferries for the Macau-based New World First Ferry (NWFF) has been launched at Austal Tasmania, marking a historic milestone for the growing shipyard.With new…

Frontline has entered into a contract with Zhoushan Jinhaiwan Shipyard in China for delivery of four 320,000 dwt VLCC newbuildings. The vessels will be delivered from June 2011 until December 2011. Frontline…

One or more of Croatia's five ailing shipyards might have to close as part of European Union membership preparations, Economy Minister Damir Polancec admitted for the first time. He said that one…

In a move that will add to its offshore vessel building expertise and give it an edge over competition, ABG Shipyard, India?s largest private sector shipyard, is looking at building sub-sea vessels,…

Greek dry-bulk carrier DryShips Inc has exercised its option to acquire two ultra deep water drill ships with expected delivered cost of about $800 million per unit. The drill ships are to…

Yantai Raffles Shipyard Limited (YRS) , the largest builder of semi-submersible drilling rigs in China, has reached a new milestone with the christening of the world?s first fixed dual-beam gantry crane with…

Shipbuilding industry in Bangladesh gets a huge boost as two of the country's biggest conglomerates announced their entry into the booming sector. Meghna Group, the commodity to power conglomerate, and Rangs, the…

Russia's Krasnoye Sormovo shipyard based in Nizhny Novgorod on the Volga River (MNP Group) has received an order for three 5,600 DWT tankers from the Panamanian shipping company Argo Shipping International. The…

Taiwan's Evergreen Marine chairman Arnold Wang has confirmed that his company has pulled out of a joint venture with the Chinese government to build a shipyard at Quanzhou in Fujian province. The…