General News

International classification society Bureau Veritas (BV) has joined forces with leading yacht designers and builders to completely re-engineer its Rules for Classification and Certification of Yachts. The new Rules, launched yesterday, build…

US classification society ABS has given full design approval for the class of the compressed natural gas (CNG) carrier designed and developed by Canadian-based Sea NG Corporation. Full approval follows the earlier…

The Latvian Shipping Company (LASCO) has taken delivery of its second Craotian built products tanker, the 51,800 dwt ?Jurkalne?, from the 3.Maj shipyard. The commissioning ceremony of the first of the 10-ship…

DOF ASA in Norway has placed a newbuilding order with Tebma Shipyard Limited in Goa, India, for two supply vessels (PSV), design VS 470 MK II. These 73.40 m long, 3,800 dwt…

Six years after it expanded its operations to the US, Western Australian shipbuilder Austal has bought out its minority American partner in the rapidly growing venture for $20.6 million. The acquisition of…

Hyundai Mipo Dockyard clinched four 37,000DWT product carriers from a European ship owner at a total price of $166.4 million. They will be delivered by November 2009.

The Nigerian Navy is making plans to commence shipbuilding locally in the near future with a view to meeting the navy?s requirements. This disclosure was made by the Admiral Superintendent of the…

Stocznia Szczecinska Nowa Shipyard, owned by the Industrial Development Agency (ARP), will cease to receive state guarantees for production financing at the end of the year. Although further subsidies will have to…

Industry stakeholders in the Aircraft Carrier Alliance (ACA) established to deliver the UK's Future Aircraft Carrier (CVF) programme are to submit their latest pricing data on 20 September 2006, a little over…

Fincantieri has won an order worth over 80 million euros ($101 million) for the construction of four patrol vessels for the Iraqi Navy. The ships will be delivered within the first six…