General News

Hanjin Heavy Industries has signed a land lease agreement with the Subic Bay Metropolitan Authority to construct and operate a $1 billion shipyard at the Subic Bay Freeport Zone in Zambales. The…

?Clipper Target?, a bulk carrier for the Clipper Group of Bahamas, was recently launched at the Cochin Shipyard (CSL) in India together with a fire-fighting tug for the Jeddah Port Authority, Saudi…

A large container vessel insured with Gard has recently experienced a serious loss of containers. Whilst investigating the incident they learned of similar events with several other new, large vessels covered by…

Nam Trieu Shipbuilding Company (NASICO), part of the Vinashin shipbuilders group, began work on a vessel that will be Viet Nam?s biggest container ship. The 700 TEU ship is 133.60 metres long,…

Singapore company Labroy Marine Ltd is preparing a site on Indonesia's Batam Island for a new rigs and FPSO conversion yard, which would be partially managed by Labroy Offshore Ltd. The 40-ha…

Meyer Werft in Papenburg, Germany, has cut the first steel plate for the lead-ship in a four-ship series of LEG/LPG tankers ordered by Norwegian shipowner Solvang AS. The 17,000 cubic metre gas…

Exports of ships, boats (including hovercrafts) and floating structures in 2005 (January-November) recorded an increase of 66% to $565 million compared with the corresponding period in 2004. During the same period, the…

The Davie shipyard near Quebec City is expected to be sold to the Quebec-based ship repair company, Navamar. The trustee for the bankrupt shipyard announced it has accepted Navamar's purchase offer, considered…

CMA CGM of France placed a new order of four 4,300TEU container ships with Hanjin Heavy Industries at a total price of $250million. The first unit will be delivered in the second…