General News

Hellespont Hammonia, a joint venture between the Piraeus-based Hellespont Group and the Hamburg shipowner Peter Doehle Schiffahrts KG, has completed the naming of the Hellespont Pride, one of six tankers under construction…

Venezuelan state oil holding Pdvsa on Wednesday informed that Argentine shipyard R?o Santiago (ARS) started, together with Pdvsa marine affiliate PDV Marina and Venezuelan Dikes and Shipyards (Dianca), the construction of the…

Spanish shipbuilder Construcciones Navales del Norte (CNN), the successful bidder for the assets of Sestao's La Naval shipyard in Bilbao, forecasts earnings of 200 million euros a year over the next five…

Tsuneishi Shipbuilding in Japan clinched five 5,100 unit car carriers from a domestic ship owner for delivery by the first half of 2009. Three of the five vessels will be operated by…

Hyundai Mipo Dockyard in South Korea clinches four 52,000DWT product carriers from Greek owner Eletson. Total contract price is $184 million and all will be delivered by April 2010.

Jessop & Co, part of the Ruia Group in India, is planning to acquire about 1,500 acres in Haldia, West Bengal, to set up a dry dock for a ship-building and repairing…

Acquisition plans for the U.S. Navy?s Littoral Combat Ship (LCS) program could fall one year and two ships behind if the Senate Appropriations Committee?s recommendations are passed by the full Congress.The committee…

Canadian Shipbuilding & Engineering Ltd. (CSE) has suspended its shipbuilding operations after announcing plans to restructure under the Bankruptcy and Insolvency Act. CSE operates Port Weller Dry Docks and Canal Marine in…

Argentine?s R?o Santiago shipyard in Ensenada, Buenos Aires, has started construction of the first of the four oil tankers ordered by the Venezuelan state oil firm Pdvsa. The 47,000 dwt vessel will…