General News

Hyundai Heavy Industries (HHI) has reached a preliminary agreement to buy a stake in China's Qinhuangdao Shouqin Metal Materials. Qinhuangdao Shouqin is a steel making unit jointly owned by China's Shougang Concord…

Hyundai Mipo Dockyard in South Korea clinched four 37,000DWT and four 47,000DWT product carriers from Turkish shipping company Geden Line. Total contract price is $349 million. They will be delivered by November…

Keppel Shipyard Limited (Keppel Shipyard), a subsidiary of Keppel Offshore & Marine Ltd, has signed a contract with Golar LNG Limited for the conversion of an existing Moss LNG carrier into a…

Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured a S$88 million ($53.4 million) contract from Bergesen Worldwide Offshore to convert the VLCC ?BW Enterprise? to an FPSO.Bergesen Worldwide Offshore, a…

Aker Yards and Alstom marine have announced their intention to join forces in shipbuilding and create together one of the world leaders in this industry focusing on high value added ships, especially…

Goa Shipyard Limited (GSL) here has embarked on a modernisation drive to augment its infrastructure facilities to manufacture state-of-the-art vessels with competitive prices and shorter delivery schedules. A GSL source said it…

Aker Yards and the French company Brittany Ferries have signed a Letter of Intent for the building of a roro-passenger ferry worth approximately 105-110 million euro for delivery in October 2008 at…

China's first LNG carrier was recently launched at the Hudong-Zhonghua shipyard in Shanghai and is scheduled for delivery in October 2007. The LNG ship is regarded a high-tech product with high-added value…

Hyundai Heavy Industries (HHI) marked a world record of 890,000 bhp for large size marine engines for one month by completing a test run of the final marine engine on the 27th…

A contract to build four ships for German owner Rickmers Shipping has been awarded to Sadra of Iran. The value of the contract is $120m and the first ship will be delivered…