General News

Daewoo Shipbuilding & Marine Engineering (DSME) may consider building a $150 million block plant in North Korea to help meet rising demand, the Yonhap new agency reported quoting the Daewoo's President, Sahng…

India???s largest private shipping firm by fleet size and revenues, Great Eastern Shipping Co., will invest an additional $114 million to acquire two new multi-purpose support vessels (MSVs) to provide logistics support…

Studies have started for a shipyard construction project in ??anakkale's Gelibolu district on one million square-metres of land in Cevizli Village. The proposed shipyard will be the biggest in Turkey and the…

Representatives of the Sevmorneftegaz company, a subsidiary of the Russian gas major Gazprom, recently visited the Nerpa shipyard in Murmansk Oblast to discuss the shipbuilder???s possible role in the development of the…

A number of private companies in India have expressed their interest in building two large shipyards planned by the government are now asking for several incentives, including a special economic zone (SEZ)…

Aker American Shipping ASA and Overseas Shipholding Group, Inc. (OSG) have signed an agreement pursuant to which Aker Philadelphia Shipyard, a subsidiary of Aker American Shipping, will construct two additional Veteran Class…

STX Shipbuilding has won a $30 million order from a Chinese shipping company to build a handy-size bulk carrier. The order placed by Taizhou Maple Leaf Shipbuilding Co. calls for the South…

Deep Sea Supply's Sea Ocelot, a 10,800 bhp AHTS vessel, was delivered from Jaya Shipbuilding & Engineering Pte Ltd. in Singapore. The Cyprus-based Deep Sea Supply has a one-year firm bareboat charter…

Going after the government???s planned Rs50,000 crore investment in warships, India???s largest engineering and construction firm Larsen & Toubro Ltd (L&T) plans to build defence warships and para-military vessels at its proposed…

Sembcorp Marine said today that its unit Jurong Shipyard and Brazil's WTorre Empreendimentos Imobilirios SA have signed a memorandum of understanding (MOU) to form a joint-venture company to own and operate a…