General News

Odense Steel Shipyard delivered its latest newbuilding for the A.P. Moller - Maersk Group, the ?Georg Maersk?, a 7,000 TEU container carrier. This latest newbuilding is the sixth vessel in a new…

Daewoo Shipbuilding, which is aiming for new orders worth $10 billion this year, has already achieved 45% of its target in the first three months. The company recently signed deals to build…

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.

Shina Shipbuilding in South Korea has won four 44,000DWT chemical tankers from Stolt-Nielsen Transportation Group, a unit of Stolt-Nielsen ASA. Total contract price is $240 million.

Topaz Energy and Marine Limited subsidiary Nico International, one of Dubai's most prominent ship repair companies, will open a new ship repair facility in Bautino, Kazakhstan later this year, after completing a…

Keppel FELS Ltd has secured a contract from Diamond Offshore Drilling, for the major upgrading of semi-submersible rig for $102 million. ?Ocean Monarch? will arrive at Keppel FELS in mid 2006 for…

In addition to clinching the three 266,000 cbm LNG carriers from Qatar Shipping, Samsung has also won orders for eight boxships. Four 4,300TEU container ships from Danaos in Greece for delivery during…

Qatar Gas Transport Company (Nakilat) is ordering six QMax LNG carriers of 266,000 cu. m capacity each. These will be the largest LNG carriers built to date with about 25% greater capacity…

ETA Shipping and Trading, part of the Dubai-based, ETA-Ascon Group, has placed an order for two 81,200 dwt super Panamax bulk carrier vessels with Japanese shipbuilder Universal Shipbuilding Corporation. Delivery is scheduled…

Singapore-based Ezra Holdings has earmarked $240 million to increase its fleet over the next two years in hopes of cashing in on strong demand for offshore support services in the oil and…