General News

The investigation into the loss of the 4,419 TEU container ship ?MSC Napoli?, which suffered a catastrophic fracture in her hull on 18 January 2007 and had to be beached in Branscombe…

Petroleos de Venezuela SA (PDVSA), the state energy company, took over the government-owned shipbuilder Diques y Astilleros Nacionales CA as part of a plan for Venezuela to build its own oil tankers…

Aker Yards recently delivered a 34,000 gt fast passenger-car ferry named 'Viking XPRS' for Viking Line at a cost of EUR 130 million. The Turku yard built the steel sections which were…

The state-run Korea Development Bank (KDB) said that Goldman Sachs was chosen to manage the sale of Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipbuilder. The KDB and state-run Korea Asset…

The keel of a big cruise ferry was laid in Aker Yards, Rauma on 22 April, 2008. The vessel, built under working name ?Cruise 5?will be delivered to Tallink in spring 2009.The…

Following the recent completion of Australia?s 14-vessel Armidale class patrol boat fleet, Austal has won a contract to build six 30 metre aluminium fast patrol craft for the Government of the Republic…

Golden Ocean Group Limited (GOGL) has declared the options to purchase two Kamsarmax vessels at Zhoushan Jinhaiwan Shipyard (Jinhaiwan) in China. The 80,000 DWT vessels will be delivered during 2011 and are…

Executives from leading shipping companies, class societies and shipyards are alarmed by falling construction standards in the rush to meet a record demand for new ships. "We have to do something now…

Sea Trucks' new pipelay/hook-up vessel ?Jascon 25? is undergoing final construction at Kim Heng Marine's shipyard in Singapore. The yard is contracted to build the deck of the pipelayer, while the hull…

Singapore-based Ezra Holdings has taken delivery of an 18,000 bhp anchor handling tug supply (AHTS) vessel ?Lewek Trogon? from Drydocks World Singapore. The newbuild AHTS is equipped with Rolls Royce engines and…