General News

Hanjin Heavy Industries had its profit reduced for the first half this year. The shipbuilder earned $1.05 billion in turnover compared with $870 million during the same period last year. The Busan-based…

The Singapore-based ASL Marine Holdings, an integrated marine company with shipyards in Singapore and Batam, Indonesia, has today announced that it has entered into contracts with several subcontractors and supplier to expand…

Daewoo Shipbuilding has declared its intention to enter into foreign oil filed development. The shipbuilder said that it will participate in the Korea Oil Corporation led consortium which is involved in oil…

Shinsung Shipping in South Korea placed an order for five 6,700DWT steel carriers with Mokpo Shipbuilding for delivery by 2007. Shinsung said that the new order is to cope with increasing demand…

American defence contractor Halliburton is selling its controversial offshore facility in the north of Scotland. Its UK subsidiary, Kellogg Brown & Root (KBR), confirmed it had put the site at Nigg in…

Sealion Shipping?s subsidiary, Toisa, has placed an order with the Wuchang Shipyard in China for the building of three very large DP platform supply vessels. These three new vessels are to be…

Solstad Offshore ASA has entered into an agreement with Ulstein Verft AS to build a large construction service vessel. The new vessel will have a length of 130 m and width of…

Aker Yards has signed a contract worth approximately NOK 150 million with Olympic Shipping to build a Platform Supply Vessel of the MT 6009 design, a Marin Teknikk design, at a cost…

The EU research project "AMBIO" is investigating how to prevent the build up of organisms on surfaces under marine conditions, for example on ships? hulls. Scientists from BASF are collaborating on this…

Lifeboat manufacturer Schat-Harding has agreed with Statoil to recall six of its FF1000S skid-launched freefall lifeboats for strengthening beyond SOLAS requirements. In service tests show that SOLAS requirements may need modifying for…