General News

After three years of planning, the Danish-Vietnamese joint venture Aalborg Industries Vietnam opened a new production plant in the northern port city of Haiphong's An Hong Marine Industrial Zone, one of the…

The owner of the country's two largest military shipyards has said the government wants to acquire both firms and that state arms trader, Rosoboronexport, was in talks to buy them. The Severnaya…

Guangzhou Wenchong Shipyard in China clinched a 1,700TEU container ship from Schoeller Holdings Ltd. The new order is the fourth ship ordered from the German ship owner. Price and delivery were not…

Singapore-based Keppel FELS Ltd (Keppel FELS) has secured a contract to build a repeat ultra deepwater semi-submersible drilling platform for A.P. M?ller - M?rsk at a cost of $263 million. This order…

Russia is to sell two 636 Project submarines to Algeria for $400 million. Vladimir Alexandrov, director general of Admiralty Shipyard, said the contract is to be signed in June. The deal was…

The port of Kakinada, located in south-east India on the Godavari river delta, is planning to establish a privately owned shipyard and an announcement regarding this project is to be made by…

MacGREGOR will supply the Japanese shipbuilder, Shin Kurushima group, with RoRo equipment for 45 newbuildings. MacGREGOR?s new long-term agreement with Shin Kurushima covers design and manufacture of cargo access equipment for car…

A new stealth corvette with special technology for low detectability by radar has been launched in Russia. The Steregushchy corvette is the first in the Project 20380 series designed by the Almaz…

With the successful private placement in Nexus Floating Production Ltd., Nexus will issue 13.0 million shares of which 40% will be owned by the Norwegian based APL ASA which has invested $52…

Exmar, the Belgian shipping group, is going ahead with the OPTI-EX Floating Production System and is also considering a separate listing of its offshore division. The company has signed a letter of…