General News

The Larsen & Toubro/SapuraCrest Petroleum Bhd joint venture has ordered a new-generation heavy-lift/pipelay vessel designed by Sea of Solutions, part of the Offshore Ship Designers Group in Holland. Sea of Solutions was…

Quintana Maritime Limited, an international provider of dry bulk transportation services, has agreed to acquire a newbuilding Capesize bulk carrier of 180,000 deadweight tons (dwt). The vessel will be constructed by Imabari…

Japan?s Kawasaki Kisen Kaisha, Ltd. ("K" Line) has started a new ecological project to reduce CO2 emissions by implementation of economical speed navigation in Ise/Mikawa Bay for all "K" Line owned or…

Offshore vessel designer, Offshore Ship Designers (OSD), says going green is no longer just an expensive option, and it is no longer just about containing noxious emissions and oil spills. A global…

China's two largest shipyard groups plan to double capacity by 2010, challenging South Korea as the world's top builder. China State Shipbuilding Corp., the nation's biggest, will have a potential 12.3 million…

Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Group is in talks with several foreign investors and could sell a one-quarter stake prior to its stock market listing, expected as early as 2009. Privately…

There are plans to make Labuan Shipyard and Engineering (LSE) a world-class facility with the capability for ship repairs and, more importantly, shipbuilding, within two years. The first step is to train…

The Adani group in India is poised to sign a joint venture agreement for its diversification into ship building with the Japanese Tsuneishi group. According to industry sources, the Adani group is…

Miami-based Disney Cruise Line has finalized a contract with Meyer Werft shipyard of Papenburg, Germany, to build two new innovative cruise ships that will take the family-focused cruise experience to an entirely…

Eitzen Chemical ASA has signed an agreement with Jinse Shipbuilding Co., Ltd. in Korea for two coated 13,000 dwt chemical carriers for $23.6 million per vessel for delivery in 2008. The contract…