General News

Hyundai Mipo has clinched an order for four product carriers from a Cypriot ship owner at a cost of about $170 million for delivery in November, 2009

Venezuela has reached a deal to build 36 large oil tankers in Brazil at a cost exceeding $3 billion. According to the local press, the governments of both countries reached a deal…

The Monaco-based ship management company V.Ships has acquired UMC International PLC. Formed in 1972 as the Under Water Maintenance Company Ltd, UMC International has grown into an international specialist in innovative underwater…

Ocean Mainport Offshore Limited (OSL) in Ireland has placed an order for a multipurpose vessel. OSL said the vessel, to be named Ocean Europe, is being built at the Solstrand shipyard in…

The Indian gas importer, Petronet LNG Ltd (PLL), plans to float a shipping subsidiary overseas to haul gas to its greenfield re-gassification terminal of 2.5 million tonnes per annum capacity proposed at…

FBMA Marine based shipyard in western Cebu, Philippines, has just launched the first of the two ?Sea Slice? 149 passenger offshore crew boats ordered by the Mexican company Hoteleria y Servicios Petroleros…

Keppel Shipyard has been awarded two contracts valued at approximately $80 million for the conversion of two new FPSO facilities for Prosafe Production (Prosafe). The first contract is for the conversion of…

Keppel FELS has secured a contract with GlobalSantaFe Corporation (GSF) to build an ultra-deepwater drilling rig for $270 million.Under the contract agreement, GSF will supply the drilling and sub-sea equipment while Keppel…

MacGREGOR is initiating the replacement of fully automatic twistlocks with proven semi-automatic twistlocks for its customers. This move follows the recent spate of container losses involving between 400 and 500 units that…

Long-term ship repair and conversion work will return to the former Cammell Laird shipyard. The resumption of marine engineering work at the famous Birkenhead yard in the UK follows an agreement being…