General News

China Shipping Group (CSG), the second biggest oceanic transportation conglomerate in China, plans to build its first shipyard by the end of 2008. This makes it the second time in less than…

Shipbuilding group Aker Yards has signed a contract to build six 3,000 DWT anchor handling towage supply vessels (AHTS) at its new shipyard in Vietnam. The contract with Aker Capital was worth…

Hanjin Shipping in South Korea has ordered five more Post-Panamax 8,600 TEU container ships from Hyundai Heavy Industries to upgrade its current main fleet consisting of four 5,000 TEU ships. Hanjin is…

A scaled model of the hull for a new medium-sized passenger-vehicle ferry, designed by Poseidon Marine Consultants Ltd., was tested today in ice at the Institute for Ocean Technology in St. John?s,…

Australian-owned tour operator Scenic Tours has completed the formation of its European operations company Scenic Tours Europe AG that will be based in Zug, Switzerland. It is a venture that will mean…

Singapore-based shipbuilder Jurong Shipyard has won a contract to build an ultra-deepwater semi-submersible rig for the international offshore drilling contractor, SeaDrill. The deal is worth $535.5 million. The semi-submersible rig is scheduled…

According to local reports, investors from Kuwait are interested in buying shares in the New Szczecin Shipyard (SSN). Talks concerning the investment will be conducted during Prime Minister Kaczyński's visit to Kuwait.…

Daesun Shipbuilding in South Korea has secured an order for a 1,000 TEU container ship from a Middle East shipowner. Contract price is W 22.2 billion and delivery is scheduled for June…

Mumbai-based Transworld group is expanding its operations in a major way by ordering four container ships costing $25 million each from Singapore?s warship specialist shipyard Singapore Technologies Marine Ltd."Each of these ships…