General News

ICICI Ventures is close to picking up Rs 100 crore stake in Chennai-based mid-sized shipbuilder Tebma Shipping. Tebma, which is a Rs 300 crore company, supplies to the Navy and is the…

India's ABG Shipyard recently delivered a new AHTS vessel, the LAMNALCO MERLIN, to the UAE offshore support services company, Lamnalco Group. This 53 metre long newbuilding is the sixth vessel to be…

A mass meeting of the workforce of Ferguson shipyard at Port Glasgow in Scotland is planned following threats that two thirds of the workers could be made redundant and threatening the survival…

Aker Yards ASA has won a 4 billion nkr vessel deal from newly-formed sister company, Aker Oilfield Services (AOS). The contract involves the construction of four large well intervention/construction vessels, and includes…

Palmali Shipping of Istanbul further cemented their relations with the Russian shipbuilding group MNP when they signed a contract for the construction of ten 6,900 DWT chemical tankers at the Krasnoye Sormovo…

It was a case of out with the very old and in with the very new as FBMA Marine Inc, the Aboitiz Corp owned shipbuilders based in Cebu, Philippines, recently signed a…

The Danish delegation that is currently in Vietnam, witnessed the signing of a memorandum of understanding aimed at concluding a licence agreement between Vinashin and MANB&W for the production of 4-stroke engines…

Western Australia-based Austal Ships has finalized a contract to buy the Margate, Tasmania, shipyard facilities of North West Bay Ships from John Fuglsang Developments Pty. Ltd. and related parties. According to a…

Lifeboat and davit manufacturer Schat-Harding and other leading manufacturers say that Germanischer Lloyd is showing its IACS colleagues a sensible lead in the way it will apply the service provisions set out…