General News

Aker Yards has won a contract with the Stolt-Nielsen Transportation Group (STNG) in Rotterdam, Netherlands, to deliver four innovative parcel tankers with stainless steel cargo tanks. The contract represents an important strategic…

Nautilus Minerals Inc in Vancouver, Canada, has entered in to a Heads of Agreement with Belgium based Jan De Nul (JdN), one of the world's leading international dredging companies. Under the agreement,…

The Dutch company SBM Offshore has received three letters of intent from Brazilian drilling contractors for the supply of DP semi-submersible drilling units. These loi's were issued in the context of ongoing…

Novoship in Russia placed new order for four 112,000 dwt Aframax product tankers with Hyundai Heavy Industries. Delivery is slated for 2009.

Hanjin Heavy Industries and Construction Co. of Korea will expand its shipbuilding facility at Subic Bay Freeport by at least 100 hectares to house a training center and water treatment substation and…

Incat?s in Tasmania has delivered a new 98 metre Wave Piercing Catamaran to one of Spain?s largest shipping companies, Acciona Trasmediterr?nea (AT). Milenium Tres is the sixth Incat high speed catamaran to…

The Norwegian businessman who wants to save the bankrupt Davie shipyard says the deal is back on. If the $30 million deal is concluded, the Canadian shipyard will re-open for business before…

The Domecq Garc?a shipyard in Buenos Aires, Argentina, is slowly coming to life again after having been closed down in the 1990s. This specialized shipyard, set up in the 1970s to maintain…

The Indian shipping industry will need to send 56% of its merchant fleet to the scrapyard in the next five years according to the Indian National Shipowners? Association (INSA) and, as a…

Daewoo Shipbuilding clinched a 171,800 cbm LNG carrier from TMT Co in Taiwan with delivery of August 2010 and two 83,000 cbm LPG carriers from Brave Maritime Corporation with delivery of January…