General News

The US offshore drilling company, Dallas-based Ensco International Inc., has signed a contract worth approximately $385 million with the Keppel FELS Ltd. Shipyard in Singapore to construct an ultra-deepwater semi-submersible rig. Delivery…

Aker Drilling has decided not to exercise options that expired on 30 September this year, for delivery of another two semi submersible drilling rigs from Aker Kvaerner. Construction of the company's first…

The European Union (EU) Member States' ministers responsible for competition unanimously agreed to follow the European Commission's (EC) advice and repeal Regulation 4056/86. This Regulation, which has been in force since the…

The Singapore shipbuilder ASL Shipyard has secured new shipbuilding contracts worth a total of $32.5 million for the construction of five vessels for a customer in Europe fordeployment in the Middle East…

The production of Viking XPRS, a new type of fast car passenger ferry, was started in Aker Yards, Turku on 3 October with the cutting of the first plate for newbuilding No.…

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…

The Greek shipping company DryShips has signed contracts to build two Panamax bulk carriers at a Chinese shipyard at a cost of $33.25 million each.

DEME?s latest trailing suction hopper dredger was christened in the port of Zwijndrecht, Belgium. Named ?Marieke?, the newbuilding was delivered by IHC Holland Dredgers BV on 28 July. The 5,600 m³ Marieke…

The University of New Orleans (UNO) received a $3.6 million grant from the Defence Advanced Research Projects agency to develop automated tools for programming robots to weld ship components. The grant is…