News

A final decision to place the £3.8bn order for the Royal Navy?s future aircraft carrier programme (CVF), already delayed from last year, is now unlikely before October or November while French suggestions…

Camillo Eitzen & Co ASA in Norway has reached an agreement with Sasaki Shipbuilding in Japan for six 2,500 cbm semi/pressurized LPG carriers at a cost of $14.2 million each. The vessels…

Lifeboat and davit manufacturer Schat-Harding has strengthened its US service network by purchasing Maritime Solutions Inc, a Norfolk, Virginia-based lifeboat and davit service company.Gary Joseph, president of Schat-Harding USA, says, "We have…

The Piraeus-based Aegean Marine Petroleum Network Inc., an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, has recently…

After investing over $1.6 billion in Subic Bay Freeport for a shipbuilding facility, Korea?s shipbuilder Hanjin Heavy Industries and Construction (HHIC) is investing another $1 billion in the state-owned Phivedec Industrial Estate…

Daewoo Shipbuilding Marine & Engineering Co. (DSME) has won a deal valued at $1.5 billion to build nine container vessels. The order from a European shipping company calls on DSME to deliver…

The government of Trinidad is currently looking into the establishment of a local shipbuilding industry. Minister in the Ministry of Finance Christine Sahadeo made the announcement and said that as part of…

Norwegian offshore engineering and construction contractor Acergy SA has signed an agreement with Havila Shipping for a new build diving support vessel (DSV) for Northern Europe operations which will join the Acergy…

Fincantieri?s Muggiano shipyard (La Spezia) has launched the "Sagar Nidhi" ("Pearl of the Oceans"), an oceanographic vessel ordered for the National Institute of Ocean Technology (NIOT), Madras. The 5,000-ton ship, whose aft…

French shipping company Louis Dreyfus Armateurs (LDA) has ordered a new roro ferry for its LD Lines subsidiary, which currently operates the services between the UK ports of Portsmouth and Newhaven and…

Halul Offshore Services Company (HOSC) in Doha received delivery of their newly-built DP1 Anchor Handling Tug supply vessel ?Halul 26?. The vessel was built by Q-Con at Mesaieed, Qatar, a Shipyard owned…

Odense Steel Shipyard Ltd. (Odense Staalskibsv?rft A/S) has entered into agreement with the Hegemann Group of Companies, Germany, regarding the sale of Volkswerft Stralsund GmbH. Conclusion of the sale is subject to…

Pride International, Inc based in Houston, USA, will construct an advanced-capability, dual activity drillship for use in ultra-deepwater drilling locations. The new rig will be capable of drilling in water depths of…

Kuala Lumpur based MISC Bhd has signed an agreement with South Korea's SLS Shipbuilding (SLS) to buy eight 45,000 dwt chemical tankers. The double-hulled IMO II vessels ordered at a total cost…

BP Shipping recently took delivery of the British Emerald, the world?s largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships. Built by Hyundai Heavy Industries…

Norwegian shipbuilder Aker Yards said in a recent statement that it was revising its 2007 earnings forecasts down as a result of challenges, mainly to do with ferry projects at its three…

The recent launch of Australian Incat yard?s 112-metre wave piercing catamaran set new milestones for high speed light craft (HSLC) shipping. The vessel, named the Natchan Rera, is the world?s largest diesel-powered…

Fred. Olsen Cruise Lines Ltd. has announced plans to lengthen and upgrade another of its cruise ships during 2008. The Braemar will undergo the work during its dry dock period scheduled for…

Lyngs? Marine of H?rsholm, Denmark, a subsidiary of SAM Electronics, has been awarded a major contract for supply of integrated automation packages for installation aboard a series of 14 54,000 dwt bulk…

President Vladimir Putin has signed a decree merging the country's top energy shipping companies in a move to create a $5 billion national shipping giant and help develop the country's huge offshore…