General News

Following hard on the heels of their announcement of winning an order for a semi-submersible oil rig, Yantai Raffles Shipyard in China has received a contract from Saipem (43% owned by Eni),…

Goodearth Maritime Ltd of Chennai has placed an order for 16 new bulk carriers totalling 760,000 dwt with Hindustan Shipyard Limited (HSL), Visakhapatnam. The company is currently operating five bulk carriers with…

Meyer Werft in Papenburg, Germany, recently delivered the 69,200 gt cruise ship "AIDAdiva" to AIDA Cruises. The newbuilding is the first ship out of a series of four that the Papenburg shipyard…

ASL Marine in Singapore has secured new shipbuilding contracts worth S$116 million ($77 million). The contracts are for the construction of six Anchor Handling Towing/ Supply vessels, five of which are expected…

Starting as early as the second half of this year, Korean shipbuilders plan to build value-added mega cruise ships in a bid to keep ahead of arch-rival China. The idea was broached…

The U.S. Navy is cancelling a widely criticized Lockheed Martin Corp. contract to build a next-generation combat ship after negotiations to control cost overruns failed. "We're disappointed but we have to have…

Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a $305 million contract to construct a 440-person North Sea accommodation semi-submersible for Floatel International (Floatel).…

Cala Corp. based in Titusville, Florida, and trading under the ticker of CCAA, has submitted its proposal to Marsa Shipyard to construct the first ?undersea resort ship? in history. The proposal was…

Golden Ocean Group Ltd. has acquired two newbuilding contracts each at Daehan Shipbuilding in South Korea and Zhoushan Jinhaiwan Shipyard in China. According to the company, the vessels of 170,000 dwt and…

Daesun Shipbuilding in South Korea wins a new order for a chemical tanker from ship owner in Marshall Islands at the price of W 71.5 billion. Delivery will be made in November…