General News

In order to increase production, Daewoo will be introducing new equipment this year including a 3,600-tonne sea crane which will be operational in April. A floating dock will also be completed soon…

Fast expanding Gulf Energy Maritime (GEM) has ordered four high spec double hulled handymax 47,000 dwt chemical/product tankers at Hyundai Mipo Dockyard at a cost of $180 million. The four tankers are…

Keppel Corp, the world's largest maker of shallow-water oil rigs, is among six groups that have bid for contracts to build $1.3 billion of oil and gas tankers for Petroleo Brasileiro SA,…

Unithai Shipyard and Schelde Naval Shipbuilding have been awarded a contract by the Royal Thai Navy to build a 66-metre multipurpose vessel for conducting hydrographic surveys and mine countermeasures, the first of…

Hyundai Corporation has risen as a major player in the global small and middle sized vessel market as ?Qingdao Hyundai Shipbuilding,? a company it launched last June in China, has successfully won…

SembCorp Marine is pumping 225 million Yuan or $27.5 million over two years to grow its ship repair and ship conversion business in China. It is investing the money into Cosco Shipyard…

The China Shipbuilding Industry Corp. (CSIC), one of the two largest shipbuilding groups in China, built 3.17 million tonnes of new ships in 2005, up 47%.In 2005, the CSIC received 3.73 million…

Aker Yards has signed a contract with Farstad Supply AS, a company within Farstad Shipping ASA in Ålesund, Norway, to deliver an UT 751 E platform supply vessel (PSV). The value of…

Bollinger Shipyards has won an order from Edison Chouest Offshore for two 245-ft class liftboats that will operate in the Gulf of Mexico. Bollinger hull 515 and 516, are based on a…