General News

The third in the series of the world?s largest cruise vessels for Royal Caribbean was delivered today at Aker Yards, Turku in Finland. The ?Independence of the Seas? has all of the…

GS Holdings Corp, the holding firm of South Korea's GS Group, an energy and construction-focused conglomerate, said it is studying a possible bid for Daewoo Shipbuilding and Marine Engineering. Another domestic business…

Singapore-based Jurong Shipyard, a subsidiary of Sembcorp Marine, signed a strategic alliance agreement with Rio de Janeiro-based Mac Laren Shipyard to operate a shipyard in Brazil.Under the agreement, which takes effect immediately…

Indian construction and engineering firm Larsen & Toubro has signed a joint venture agreement to invest 30 billion rupees ($750 million) in a shipyard and port facility. The venture with southern Tamil…

Daewoo Shipbuilding & Marine Engineering has won a 554 billion won ($566 million) order to build a drill ship. The deal from an American company calls for Daewoo to deliver the vessel,…

?SigmaPrime 700? and ?SigmaPrime 700 LT? coatings will be applied to a vessel being built in Korea for Chandris Hellas that will be the first built in full compliance with IMO?s ballast…

Norwegian-based offshore support specialist Farstad Shipping has received delivery of its latest newbuilding, the ?Far Searcher? from Aker Yards. Farstad Supply, a wholly owned subsidiary of Farstad Shipping, says the UT751 E…

Calling 2007 "a truly remarkable year," ABS Chairman and Chief Executive Officer, Robert D. Somerville reported a record fleet size and record order book. Acknowledging that "ABS has benefited from the quite…

Imtech NV in the Netherlands has won contracts worth over 50 million Euros to provide technical services on board various high-tech offshore construction vessels to be used in the exploration and exploitation…

US offshore major Global Industries has decided to build yet another new pipelay / heavy lift vessel designed by Dutch design company Ulstein Sea of Solutions (USOS). The vessel named ?Global 1201?…