General News

Jiangdong Shipyard in China clinched eight 12,000DWT multi purpose carriers from two German ship owners with delivery of 2008. Each owner ordered four ships.

Transpetro, the transport unit of Brazil's federal energy company Petrobras, has picked four consortia as finalists to build 26 ships at an estimated cost of $1.9 billion. The company is selecting the…

Aker Yards has confirmed an optional agreement with Siem Offshore to build two platform supply vessels (PSV). The value of the contract is approximately $40 million and delivery is scheduled for second…

Wärtsilä Corporation has acquired the entire business of Total Automation Ltd, a Singapore-based public marine automation company, and all Total Automation's shares in its subsidiaries at a price of approximately EUR 61.6…

The first step towards initializing the Technological Improvement Program (TIP) aimed at boosting the Brazilian shipbuilding industry was taken with the signing of an agreement worth approximately $14.6 million between the government,…

Moran Towing Corp has awarded Manitowoc Marine Group a follow-on contract for the construction of two ocean-class, double-hull, hot oil tank barges. The vessels, which will be built by subsidiary Bay Shipbuilding…

Italian shipbuilder Fincantieri has won a $48 million contract to build an oceanographic ship for the National Institute of Ocean Technology of Madras, India. The 104 metres long and 18 metres wide…

ABG Shipyard in Mumbai is building three `Special Pollution Control Vessels` for the Indian Coast Guard at an estimated cost of $86 million. These vessels are equipped with oil spill response solutions.…

SeaDrill in Norway recently declared its option to build a second semi-submersible ultra deepwater drilling rig at Daewoo Shipbuilding in Korea. The rig is of the design GVA-7500-N and is fully capable…

Odense Steel Shipyard in Denmark delivered its latest newbuilding, Gerd Maersk, for the A.P. Moller - Maersk Group. This is the fifth vessel in a new series of technologically advanced 6,600 TEU…