General News

The European Commission has decided to open formal inquiries into public support for three Polish shipyards in Gdynia, Gdansk and Szczecin. The restructuring aid granted to these yards will be scrutinized in…

The European Commission has conditionally approved, under the terms of the EC Treaty's rules allowing member states to take measures to protect essential security interests linked to defence industries (Article 296 of…

Two further bidding rounds could put Tenix, the Williamstown dockyard operators, back in the business of building Australia's air warfare destroyers. Tenix confirmed that it would bid for contracts to build 70%…

The DD(X) national team, led by Northrop Grumman and in partnership with Raytheon, General Dynamics, United Defense and Lockheed Martin, has successfully completed the underwater explosion (UNDEX) testing on the DD(X) quarter…

The Australian Federal Government has chosen ASC Shipbuilding as the preferred shipbuilder for the Australian Navy's air warfare destroyers (AWDs) worth up to A$6 billion ($4.5 billion). The government made the decision…

Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), the offshore and marine arm of Keppel Corporation Limited, has entered into an agreement…

Aker Yards and Color Line have signed a contract to build a sister vessel to ?Color Fantasy?, the worlds largest cruise ship with car deck, that was delivered in December 2004. The…

Samsung Heavy Industries is examining a proposal to set up an LNG ship repair yard in conjunction with Malaysia International Shipping Corporation Berhad (MISC), a subsidiary of Petronas. The South Korean shipbuilder…

ABG Shipyard in India (ABG) has concluded a $32 million equity funding. The private sector shipyard would use the funding to expand its shipbuilding facilities to meet the anticipated demand for new…

Keppel FELS Ltd, the wholly owned subsidiary of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract to build two semi-submersible drilling platforms at S$780 million…