General News

Earlier this week, DNV launched a maritime academy for industry professionals in Hong Kong, agreed to certify new curriculum at the ailing Hong Kong Sea School, and donated half a million HK$…

NYK Lines of Japan plans to invest $200 million over the next five years on a number of shipping and logistics projects in Viet Nam in a bid to tap what it…

Gail (India) Ltd has received response from eight national and international firms/consortiums for the expression of interest (EoI) invited by it for transportation of compressed natural gas (CNG) from Myanmar. The company…

Cruises? ?Star Princess? recently arrived at the Grand Bahama Shipyard where an examination will be carried out to assess the extent of the fire damage sustained to some 150 cabins. The fire…

The Malta Shipyards has recently secured two contracts which will keep it fully occupied until the end of this year. In the first contract, the yard won a $8.4 million job for…

Farstad Shipping ASA in Ålesund, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build two platform supply vessels at a total cost of $87 million. The…

Hyundai Heavy Industries has won an order for four VLCCs at the price of $480 million from a European ship owner. They will be delivered by June 2009.

Babcock International will defend itself with a robust trading statement this week as directors face up to the probability that they could be involved in a fierce take-over battle. Already BAE Systems…

BAE Systems and VT, the UK defence and civil contracting groups, are considering a joint bid for the Rosyth dockyard owned by Babcock, the support services and shipbuilding group, in a move…

Daesun Shipbuilding in South Korea wins an order for four chemical tankers from an Asian ship owner. Total contract price is $139 million for delivery by June 2009.