General News

Venezuela's state oil company Petroleos de Venezuela SA (PDVSA) will acquire four oil tankers from Iran, expanding its fleet with the help of a nation closely allied with President Hugo Chavez. PDVSA?s…

Jurong Shipyard, a wholly owned subsidiary of SembCorp Marine, has secured two FPSO conversion contracts worth a total of $58 million from Tanker Pacific Offshore Terminals Pte Ltd (Tanker Pacific).The first contract…

The Danish shipping company Lauritzen Bulkers has recently added four newbuilding contracts to the four Handymaxes already on order at Hakodate Shipyard in Japan. These latest newbuildings are identical 31,900 DWT Handysize…

TOP Tankers Inc has exercised its option for two additional 50,000DWT Product / Chemical tankers. As with the previously announced four newbuildings, all the vessels will be sister ships built by SPP…

Samsung Heavy Industries and the Russian government are proposing to establish a joint venture for an ice-breaking oil tanker business.Samsung is already building three 70,000 DWT ice-breaking oil tankers for Russia's largest…

MOL in Japan placed a new order for two 116,000 DWT bulk carriers with Sanoyas Hishino Meisho shipyard for delivery in 2009 and 2010 respectively. Ship design of the bulk carriers was…

Odense Steel Shipyard in Denmark has entered into a contract with the Danish Naval Material Command for 3 patrol vessels for the Danish Navy. The vessels will be delivered in the period…

Pan-United Marine Limited (PUM) in Singapore has clinched its first conversion contract for a FPSO tanker owned by the Norwegian company Norwegian Nortechs FPSO Pte Ltd (Nortechs). The contract to convert the…

An Oceanographic Patrol Vessel (OPV) designed for patrol operations in the North Atlantic was ordered by the Icelandic Coast Guard from the Chilean shipbuilder ASMAR - Shipbuilding and Ship Repair Company.This 93.65…

Mitsubishi Heavy Industries (MHI), Japan's largest shipbuilder, said it has received orders for 23 vessels totalling 1.48 million gross tons in 2006, up from 21 vessels weighing 1.08million gross tons a year…