General News

Primorsk Shipping Corporation (PRISCO) has ordered two more 104,000DWT ice classed tankers from Hyundai Heavy Industries. DNV will class the newbuildings which will be delivered in 2008.

South Korean shipbuilder Hyundai Mipo Dockyard has secured a $217.8 million order to build four chemical tankers from a company based in Dubai. The tankers, ordered by Gulf Navigation Group, will be…

Dubai Aluminium Company (Dubal), one of the world?s largest aluminium producers, has entered into a 10-year chartering agreement with Gearbulk for the world's largest liquid pitch supply vessel with deadweight of 15,000…

The Arab Shipbuilding and Repair Yard (Asry), in Bahrain, is going ahead with a $15 million expansion, entailing the construction of three new berths, each 140 metres long, and will greatly enhance…

Wilh. Wilhelmsen ASA (WW) has reached agreement on acquiring 90.4% of the shares in Norway?s Unitor group. This acquisition accords with WW?s strategy of developing its Wilhelmsen Maritime Services(WMS) subsidiary into a…

The MAN B&W Diesel Group and the China Shipbuilding Industry Corporation (CSIC) agreed upon comprehensive cooperation with regard to the development and production of large diesel engines. The frame agreement, which was…

Aker Yards has been awarded contracts to build four container vessels for König & Cie. GmbH und Co. KG in Hamburg. The vessels are of the type Aker CS 2700. The total…

China Shipping Development Co. said its parent company is considering a restructuring that could involve spinning off its dry bulk cargo operations into a separately listed company. In a legal notice responding…

Following a detailed review and tender process, Austal has been has been awarded a contract for the design, construction and supply of six 16 metre aluminium monohull vessels for the Water Police…