General News

Kuwait & Gulf Link Transport Company (KGL) of Kuwait has awarded the Dutch shipbuilder Damen a contract to construct and deliver a 52 meter wave piercing catamaran. The fast ferry will have…

Kjell Inge Rokke-controlled Aker Yards has decided that the group will not make a bid for the former Lenin Shipyard in Gdansk, but will continue its cooperation with the Polish yard.The Polish…

Hong Kong-listed China Shipping Development Co. (CSD) has placed two contracts to build eight oil tankers for HK$4.32 billion from two Chinese shipbuilders.CSD, a unit of state-owned China Shipping (Group), signed a…

Daewoo Shipbuilding and Marine Engineering in Korea recently delivered the 1,300-ton displacement submarine ?Cakra? to the Indonesian Navy. This is the first time that a Korean shipyard has exported a submarine to…

The Houston-based Trico Marine Services has entered into an agreement with the Norwegian shipbuilder Solstrand AS to build a Marin Teknikk Design MT6009 MKII Platform Supply Vessel (PSV). This $25 million newbuilding…

IRISL, the Iranian shipping company, placed an order for six 53,500 dwt bulk carriers with Yangzhou Shipbuilding in China. They will be delivered from 2008 to 2009 and four more options are…

Siem Offshore Inc has declared an option for the building of one additional Multi-Functional Field & ROV support vessel (MRSV) from Kleven Verft AS in Ulstein, Norway. The $51 million newbuilding is…

Abu Dhabi Ship Building (ADSB), a UAE company and one of the major shipbuilding facilities in the region, has signed a contract with Emirates Dredging Company (EDC), another local Abu Dhabi company,…

Hanjin Heavy Industries in South Korea secured an order for an LNG carrier from a ship North American shipowner for delivery in November 2008. Contract price is $194 million.