General News

Hurricane damage to Northrop Grumman's Mississippi and Louisiana shipyards tops $1 billion and company officials claim production delays could cost the defense contractor millions more. The Pascagoula shipyard had been inundated by…

Nexans, a major global player in the cable industry, has entered into an agreement with Bourbon Cable AS, a subsidiary of Bourbon Offshore Norway AS, securing control of the specialised cable layer…

The provision of adequate waste reception facilities at ports, and the technical and practical matters associated with it, requires attention in the future, agreed the Industry Reception Facilities Forum at its fifth…

Aker Yards has confirmed an optional agreement with Volstad Shipping AS, Ålesund, for the building of a Platform Supply Vessel (PSV) worth approximately NOK 250 million. Delivery is scheduled for September 2007…

The city of Xiamen in China announced that it will develop shipbuilding and ship repair business by 2015. According to Korea Trade-Investment Promotion Agency?s branch office in Xiamen, the city will secure…

Austal Shipping, the West Australian shipbuilder, has delivered two more fast ferries to the Guadeloupe ferry operator L?Express des Iles. The first newbuilding named ?Silver Express?, will carry 360 passengers and 10…

Hyundai Heavy Industries in Korea has unveiled its strategy to enter the Chinese ship market. The Korean shipbuilder will spend $14 million to construct research and development centers in Beijing and Shanghai…

Iran's shipbuilding company Sadra Group will build four cargo ships, worth $118 million, for the German-based Rickmers shipping company. The 24,000 dwt newbuildings have been purpose-designed for the carriage of break-bulk, heavy…

A Korean shipbuilding company plans to set up a $1-billion shipyard in Subic Bay, on the west coast of Luzon Island in the Philippines, and hire 20,000 shipbuilders in adjacent communities in…

Korea Line has placed an order for a Capesize bulk carrier costing $ 70 million. The shipping company declined to give shipbuilder?s name and ship size but said that the order is…