General News

Hyundai Heavy Industries plans to spend 134.1 billion won ($143 million) on building another dry dock because of growing orders for container ships and other vessels.This will by Hyundai?s 10th dock, and…

Wärtsilä Corporation has decided to manufacture controllable pitch propellers (CPP) in India to create an important and sizeable production capacity increase for the CPP business. The new activity will incur an investment…

Evergreen Group, parent of Taiwan's biggest shipping line, may invest in a Chinese shipbuilder to accelerate delivery of new vessels. The company "is looking for opportunities overseas" and "China is one of…

Samsung Heavy Industries has won a $1.3 billion order to build five container ships and one offshore oil-processing vessel for a European client. The latest deal brings its total orders this year…

ISD seeks ownership of Polish shipyardISD Polska, whose majority owner is the Ukrainian Donbas, has placed a binding offer to purchase newly offered shares of the Gdansk Shipyard (SG) for 400 million…

Last year, the State Council of the People's Republic of China set specific targets that would see the shipbuilding industry reach an output of 17 million dwt and a capacity of 23…

Aker Yards ASA has entered into a contract with the Spanish company Sener Ingenier?a y Sistemas S.A. for the implementation of FORAN System across the group's shipbuilding organization.FORAN is already operating successfully…

The European Commission believes Poland's Gdansk shipyard merits a 'sustainable and viable future', spokesman Jonathan Todd said as competition commissioner Neelie Kroes met with worker representatives from the site. The commission has…

Integrated oil logistics provider Titan Petrochemicals Group Limited (Titan) has reached a definitive agreement to acquire a 100% interest in Titan Quanzhou Shipyard from its majority shareholder for a total consideration of…

The Malaysian shipping company Global Carriers Bhd has awarded two shipbuilding contracts worth a combined $21.76 million to the Chinese shipbuilder Ningbo Shipyard Co Ltd. The contract involves building two double-hull oil…