General News

The ailing Gdansk Shipyard in Poland, which went bankrupt in 1998 and has since been part of the state-controlled Gdynia Shipyard group, is up for grabs again because Gdynia group is itself…

Seadrill, a Bermuda-based company with an offshore drilling fleet, has entered into an agreement with Malaysia Marine & Heavy Engineering for the purpose of building a new self erecting tender rig, T-11.…

The Perak government in Malaysia has approved a land area of 69.76 hectares in Sungai Manjung, Lumut, on the west coast, for carrying out shipyard operations. About 24 hectares of the area…

Japanese steel makers are trying to hike the price of thick steel plate for shipbuilding by $43 per tonne for all deliveries from October onwards. Price negotiation with shipyards will start next…

The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium…

The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000…

Shipbuilding has emerged as the second most important business for Dubai Drydocks which has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a…

The Department of Homeland Security in the USA has rejected an AFL-CIO complaint about use of foreign-made parts at the Aker Philadelphia Shipyard, prompting the union to vow a political fight over…

The Houston-based offshore drilling contractor Transocean Inc. has placed an order with Daewoo Shipbuilding and Marine Engineering yard (DSME)in Okpo, South Korea, for the construction of a dynamically positioned, double-hull drill rig…

Daewoo Mangalia Heavy Industries in Romania clinched four Panamax container ships. Gebab Holding GmbH & Co. KG and Conti Holding GmbH & Co. KG ordered two vessels each at a total price…