General News

The Amsterdam-based Royal Boskalis Westminster NV has ordered two new dredging vessels for its fleet from IHC Holland shipyard at a total cost of approximately 200 million Euros. Delivery is slated for…

The Orissa government in India has cleared investment proposals for a shipyard to be constructed near Dhamra. The new yard will be built by APJ-Bharati Shipping Company who submitted a proposal of…

Aker American Shipping Inc. has decided to split its two divisions into separate companies. One would continue to operate the Aker Philadelphia Shipyard while the other would continue to buy ships produced…

The ship owning company Aker American Shipping ASA has entered into an option agreement with Aker Philadelphia Shipyard ASA to build up to 13 product tankers at a total contract value of…

Close co-operation with Chinese design companies and shipyards has helped Bureau Veritas (BV) strengthen still further its dominating position in the booming international bulk carrier market. In the period from January to…

Singapore's SembCorp Marine Ltd is in a joint venture to set up and operate a new yard at the Yanbu Commercial Port in Saudi Arabia. Sembcorp Marine and its joint venture partner…

Precious Shipping, Thailand's largest shipping firm, has plans to spend $474 million on 15 new vessels to replace its ageing fleet. About $114 million would be earmarked for three new Supermax ships,…

Singapore shipyard operator SembCorp Marine said its unit Sembawang Shipyard Pte Ltd has secured a $207 million ship conversion deal from Equinox Offshore Accommodation Ltd. The contract for Equinox Offshore, a Singapore-based…

Dutch dredging services provider, Royal Boskalis Westminster NV, has contracted China's Yantai Raffles Shipyard to build a 21,500 dwt offshore rock dumping fall pipe vessel valued at around $177 million.The vessel, measuring…

Despite the boom in the global shipbuilding market, Indian shipyards face the threat of becoming less competitive following the expiry of the five-year government subsidy scheme about two months ago. The shipyards…