General News

Wuhan Marine Machinery Plant in China will build a crankshaft factory in Qingdao at a cost of $24 million. It will take two years for the project to be completed and will…

The French firm Technip and the Italian firm Saipem are battling for the $1 billion contract to build the FPSO vessel for the huge Akpo deep offshore field off Nigeria. Industry sources…

The Fiji Ships and Heavy Industries Limited shipyard (FSHIL) will be leased out and the slipway upgraded as part of plans to restructure the organisation. Amid calls for the state-owned entity to…

Romanian shipyard Daewoo Mangalia Heavy Industries (DMHI) will sign on Friday a deal worth more than $500 million with German Hamburg Sud to build six 5,200TEU container ships. DMHI is in talks…

The Union of Greek Shipowners warned that EU pressure on shipowners to shoulder progressively stricter anti-pollution safeguards will end up undermining a vital industry and encourage law-abiding operators to skirt regulations,. In…

The US-based KBR oil services firm, a subsidiary of Halliburton, has won the engineering, design and procurement contract for the Agbami FPSO?s topsides. KBR said in a statement that it was handed…

Following their recent order for five 8,200TEU container ships, Yang Ming, the Taiwanese carrier, has now placed a contract with China Shipbuilding Corporation, for five 4,250TEU vessels with the same shipbuilder. The…

"K" Line (Europe) Limited has taken delivery of its first newbuilding, the 185,500dwt bulk carrier Cape Riviera. Built at Kawasaki Shipbuilding in Japan, the bulker is the first of three sisters due…

The Indian shipping ministry has proposed the setting up of two shipbuilding hubs, including a $480 million world-class facility in Kochi in conjunction with the special economic zone proposed on land owned…

Aker Promar, part of Aker Brattvaag AS, will be building an Anchor Handling Tug Supply (AHTS) vessel for DOF ASA at a cost of $48 million. The vessel will be 80 metres…