General News

Carnival has assigned a yet-to-be-built 116,000gt cruise ship to its UK-based unit P&O Cruises. To be built by Italian shipbuilder Fincantieri, the new Ventura is scheduled to enter service in spring 2008,…

Nippon Yusen KK, Japan's biggest shipping company, has revised its plan to expand its fleet of LNG tankers. NYK?s initial business plan called for it to either own or have invested in…

B.C. Ferries in Vancouver, Canada, has plans to purchase a new ferry from a shipyard in North Vancouver and also may file with the ferry commissioner for another fuel surcharge if world…

China has expressed its strong interest in having a widespread presence in investment projects in Iran, of which, a shipbuilding complex contract in Qeshm Free Trade Zone (QFTZ) will soon reach the…

Daewoo Shipbuilding & Marine Engineering received a $500million order from Norway's Seadrill to supply a semi-submersible oil drill facility. Under the deal, the buyer can place two additional orders for drill facilities,…

The domestic shipping industry will require US $2 billion to replace the existing fleet older than 20 years. The current capacity of all the fleet stands at 8.3 million Gross Tonnage (GT)…

Spanish shipbuilder Navantia is rapidly progressing the construction of its new generation amphibious ship that will be considered by the Federal Government as part of the A$2 billion amphibious ships project.Defence Minister…

Keppel FELS Limited has secured a contract to build a semi-submersible drilling platform, ENSCO 8500, for a subsidiary of ENSCO International Incorporated. The total project value is approximately $312 million and is…

A firm claiming to be the first joint enterprise between a domestic shipyard and foreign enterprise to make ship equipment has been established. A new Chinese company called TTS Bohai Mechanical Equipment…

A subsidiary of SembCorp Marine, PPL Shipyard, is acquiring the Texas-based Sabine Shipyard. No financial details were disclosed. Sabine is a 223-acre shipyard located on the Gulf of Mexico with immediate access…