News

In a new phase of its major fleet expansion, freight-only specialist Seatruck Ferries in the UK has placed an order for four new generation ro-ro vessels with the German shipbuilder FSG (Flensburger…

Flensburger Schiffbau-Gesellschaft (FSG) further strengthens its leading position on the RoRo market by securing two contracts for the building of seven ships in total. As a result of these new orders, production…

Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has received two orders valued at KRW 570 billion ($602 million) to build eight vessels, including four petrochemicals carriers.

German-based Beluga Shipping GmbH says fuel savings achieved by using a kite propulsion system during its first ever commercial voyage are in line with expectations, and that it anticipates increased efficiencies in…

Major container shipping lines that are embarking on slow steaming schemes to cut fuel cost have come up against obstacles preventing them from reaping the full benefits. Several major container shipping lines…

An undisclosed Norwegian owner has become the first shipowner to use BIMCO?s newly launched global shipbuilding contract, which is believed to have been signed this month with a Chinese yard. Under the…

Hyundai Heavy Industries (HHI) has clinched a $1.6 billion deal to build an oil platform in Nigeria. The deal with Elf Petroleum Nigeria Ltd., a subsidiary of France-based Total SA, calls on…

Höegh LNG and CB&I Lummus have concluded a strategic and exclusive agreement for the next phase of Höegh LNG's FPSO project. The agreement formally ties the parties for a period of 2…

Seattle based naval architecture firm Guido Perla & Associates, Inc. has signed a contract with Paris-based Bourbon to deliver the concept design, regulatory package, and final design for 10 GPA 696 IMR…

ABG Shipyard in India has delivered a new Anchor handling tug supply (AHTS) vessel `Lamnalco Mallard` to the owner Lamnalco Group, UAE. The newbuilding is the third vessel to be delivered to…

Cammell Laird shipyard in England has landed its largest contract since it was reborn seven years ago. The Birkenhead yard has won a £28m Ministry of Defence (MoD) contract to overhaul Royal…

When state-run Cochin Shipyard Ltd delivered the sixth and last of a series of bulk carriers built for Denmark's Clipper Group late last year, it achieved a first for the Indian shipbuilding…

Samsung Heavy Industries (SHI) has signed a $160m contract with Gulf Energy Maritime (GEM) for the construction of two high specification LR2 double-hulled Aframax tankers. Upon delivery by end 2011, the two…

The Ministry of Labour and Social Security in Turkey announced on Tuesday that three shipyards in Istanbul?s Tuzla district, the site of numerous work-related fatalities in recent years, have been shut down…

Havila Shipping ASA has entered into a contract with Havyard Leirvik for the construction of an offshore IRM (inspection, repair and maintenance) vessel, Havyard 855. The vessel is developed by Havyard Maritime…

Aker Yards has delivered a "superspeed" day ferry for Color Line Transport AS. The vessel built at the Rauma yard in Finland is the first in a series of two. The second…

Last year, Singapore-based Jurong Shipyard exited its joint venture in Maua Jurong, near Rio de Janeiro, and had signed a memorandum of understanding with WTorre Empreendimentos Imobili?rios to establish a yard in…

South China's Jiangmen Yinxing Shipbuilding has plans to invest CNY 228m ($31.9m) to build a 50,000-tonnage shipbuilding addition to the current yard. The 15 hectare expansion is scheduled for completion by 2010…

Bangladesh will enter the international shipbuilding market when the country one of the biggest shipyards in the country, the Chittagong-based Western Marine Shipyard Ltd, will deliver next week two 4,100 dwt dry…

COSCO Shipyard Group's (CSG) main shareholder, Cosco Corp, has plans to buy foreign ship repair yards as China is getting too expensive. CSG itself has become a major shipbuilder bagging $6.6bn of…

Mitsubishi Heavy Industries (MHI) announced that the 1,200-ton goliath crane installed at the Koyagi plant of its Nagasaki Shipyard became operational this week. The crane is the largest in Japan today and,…

Odfjell's 49% owned joint venture company Odfjell Dong Zhan Shipping (Shanghai) Co. Ltd, has signed a contract for the building of an 8,200 dwt chemical tanker. The ship is a fully coated…

Jan De Nul Group has placed an order with Tianjin Xinhe Shipbuilding and Heavy Industry in China for the construction of two 3,400m³ hopper dredgers. In addition, the company has agreed an…