General News

Aker Yards Cabins, France has been launched under the legal name of Aker Yards Cabins SAS. It is part of the cabins business within Aker Yards, Cruise & Ferries including two factories…

SeaMetric International AS, based in Stavanger, has issued a Letter of Intent (LoI) to ESSCA (Hong Kong) Ltd in consortium with China Petroleum First Construction Corporation (CPFCC) and the JingJiang shipyard near…

Houston-based engineering and construction services firm KBR along with fellow shareholders the Weir Group and Balfour Beatty, announced that they have agreed to sell their interests in Devonport Management Limited (DML) to…

Severnaya Shipyard in Russia has signed a contract for the construction of the hull of a sister ship to the 3,600 DWT ?Siddis Skipper?, an offshore supply vessel based on the Vik-Sandvik…

A key Canadian federal cabinet committee has given the go-ahead for a plan to construct six corvette-sized Arctic patrol vessels. The cabinet priorities and planning committee approved the program to build the…

Dongkuk Steel Mill Co., South Korea's third-largest steelmaker, plans to raise the price of steel plates used in shipbuilding. The steelmaker said the price of steel plates will be raised to 685,000…

A new £30 million nuclear freight ship to be based in Barrow, UK, was launched in Japan recently. The 4,500 tonne ?Pacific Heron? was launched by Mitsui Shipbuilding and Engineering at its…

Fred Olsen Production ASA (FOP) has signed a strategic cooperation deal with Japan's Marubeni Corporation that will see the two firms work together to identify and execute FPSO projects in certain Asian…

In 2010 a milestone will be completed by the Indian maritime industry when it is expected to join a league of nations that possess the expertise to build and repair ships up…

Hyundai Heavy Industries Co. (HHI) has won a $978 million order to build eight container ships. The deal from a shipping company in the Marshall Islands calls on HHI to deliver the…