General News

Russian defence minister Sergei Ivanov has announced that construction of the nuclear-powered icebreaker ?50 Let Pobedy? will be completed this year. "I hope that the nuclear icebreaker ?50 Let Pobedy? will be…

Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation, according to the State-owned company, Petróleos de Venezuela (PDVSA). The preliminary agreement looks towards jointly building oil tankers, liquid…

Malaysia Marine and Heavy Engineering Sdn. Bhd., formerly known as Malaysia Shipyard & Engineering Sdn. Bhd, has signed an agreement with Samsung Heavy Engineering to set up a joint venture for LNG…

Shanghai Chengxi Shipyard in China clinched two 53,000DWT bulk carriers from Geden Line in Turkey. Ship particulars are 190m in length, 32.26m in breadth and 17.5m in depth. Tianjin Xinhe Shipyard won…

Keppel FELS Limited (Keppel FELS) has secured a repeat order for an ultra-deepwater semi submersible drilling rig from a wholly-owned subsidiary of ENSCO International Incorporated (ENSCO) in Dallas, Texas. The total project…

Ezra Holdings in Singapore announced that its subsidiary, Lewek Shipping Pte Ltd, has ordered two new deep-water equipped multi-purpose anchor handling, towing and supply vessels (AHTS) for $40 million, excluding the cost…

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

The Letter of Intent (LOI) for a roro-passenger ferry signed on 23 December 2005 by Aker Yards and the French company Brittany Ferries has now been confirmed as a firm contract worth…

STX Group, one of Korea?s rapidly growing conglomerates, aims to achieve 15 trillion won in total annual sales by 2010. The group announced yesterday it is on track to achieve its ambitious…

Norwegian coating manufacturer, the Jotun Group, will spend $37 million building a wholly-owned factory in Zhangjiagang in a bid to meet the rapidly-growing demand in China. The new factory, with a capacity…