General News

A consortium trying to land a large shipbuilding contract in Halifax, Canada, is out of the running, a spokeswoman for one of the companies in the syndicate said. Irving official Mary Keith…

More than 100 new offshore drilling rigs and drill ships scheduled for delivery during the next few years will likely be late because of a backlog of shipyard work, said Mark Burns,…

BAE Systems, which recently received a Letter of Intent to provide two frigates for the Royal Malaysian Navy (RMN) via an industrial partnership with Labuan Shipyard & Engineering Sdn Bhd (LSE), believes…

The Greek shipping company Quintana Maritime has taken delivery of a Kamsarmax bulk carrier ?Coal Gypsy? from Tsuneishi Shipbuilding in Japan. The 82,300 dwt newbuilding is the ninth of fourteen Kamsarmax vessels…

Korea's shipbuilding exports will gain 6.1% every year on average for the next 10 years thanks to its technological edge and brisk market, said a London-based market research unit. Having posted an…

The Executive Board and Supervisory Board of Germanischer Lloyd (GL) advised their shareholders to reject the acquisition offer by Bureau Veritas (BV). It would neither meet the needs of the Society and…

Heerema Marine Contractors (HMC) will be placing an order for the construction of a new crane vessel at an estimated cost of $1 billion. The strategy of HMC focuses on full field…

Converteam, an international company developing systems and customized solutions for the conversion of electrical energy, and the AC drives manufacturer Vacon have entered into a global cooperation agreement. Under the terms of…

Korea Line has ordered three Capesize bulk carriers from an unspecified shipbuilder at a total cost of about $200 million. Delivery is scheduled from 2010 to 2012.

Global Carriers Bhd in Malaysia has placed an order for two 7,000 DWT double hull clean petroleum product (CPP) tankers from China's Ningbo Dongfang Shipyard. The vessels, priced at $9.98 million, are…