News

The newly formed Dubai-based shipping company, Eastern Echo is building four ships of the ULSTEIN SX124 design. These will be the first seismic vessels of Ulstein design and will be built with…

The French shipowner Louis Dreyfus Armateurs (LDA) has completed its wide variety of services offered to the offshore industry through the acquisition of Fairmount Marine. For two years, since the common operation…

Rolls-Royce has won a contract worth approximately £50 million to supply an integrated system of design and equipment for two advanced offshore vessels to be built for Lewek Shipping, a subsidiary of…

Samsung Heavy Industries has completed the world?s largest offshore rig to be installed in seas off Russia?s Sakhalin Island. The rig, called ?Piltun B?, is 100 m wide, 105 m long and…

Dubai Dry Docks and Shipping Company (DDDSC) is keen on setting up a shipyard in the vicinity of the deep-water port in Kakinada. Two technical teams of the company have already visited…

Orient Overseas Container Line (OCCL) has taken its total order for Panamax ships at South Korea?s Samsung up to ten after announcing another addition to the series at a cost of $66.2m.Though…

After the announcement that Acergy?s joint venture Seaway heavy Lifting is to build a new 5,000 tonne crane ship, the Singapore shipbuilder Sembawang Shipyard has also received an order to build a…

Lloyd?s Register (LR) and International Paint (IP) have teamed up to offer shipyards in China step-by-step advice on how to prepare to meet the requirements of the new Performance Standard for Protective…

Dubai Drydocks World (DD World) will take over 70% of Singapore shipyard operator Pan-United Marine (PUM) in a deal valuing PUM at $424million. The deal marks DD World's first international acquisition. Like…

Bharati Shipyard in India bagged an order worth $103 million from Germany?s Man Ferrostaal AG for two large platform supply vessels.The 105 m vessels will be diesel electric and fitted with two…

Hyundai Heavy Industries Co. Ltd. (HHI) successfully completed a trial run with the world?s biggest electronically controlled marine engine, the Hyundai-Wartsila 14RT-flex96C-B. The 14RT-flex96C-B engine has 14 cylinders and a maximum capacity…

ABG Shipyard, in India, signed a memorandum of understanding (MOU) for acquisition of Vipul Shipyard, situated adjacent to the company?s existing shipyard at Magdalla Port, District-Surat, Gujarat. With this acquisition the company…

Kawasaki Kisen Kaisha, Ltd., Tokyo, ("K" Line) has taken delivery of ?Corona Majesty?, a new 88,159 DWT-type coal carrier, from Imabari Shipbuilding, Japan.The vessel?s specifications are length o.a. 229.93m, beam 38m, depth…

Singapore based Ezra Holdings has awarded a contract to Labroy Shipbuilding and Engineering worth $25.5 million, which excludes owner furnished equipment, to build an ultra-large pipe laying, accommodation, well service and maintenance…

The African Development Bank (AfDB) has financed funding for the construction of a shipyard in the country?s coastal village of Limbe in Cameroon. According to the bank?s statement, a grant amounting CFA…

The Russian shipyard of Krasnoye Sormovo in Novgorod has won a contract from Palmali to build two more 13,000 dwt vessels of 'river-sea' class. These double-hulled tankers have 12 tanks with a…

Sri Lankan shipbuilder Colombo Dockyard has emerged the lowest bidder among 13 contenders, including several Indian firms, to build five anchor handling tug-cum-supply vessels (AHTSVs) for state-run Shipping Corporation of India (SCI).…

The Kuwait Oil Tanker Company (KOTC) will float a tender to build four crude oil tankers soon. The budget for the new fleet is between $120 to $130 million and is expected…

The Indian engineering and construction major Larsen & Toubro plans to broaden the scope of its proposed Rs 2,000-crore mega greenfield shipyard in favour of an integrated port-cum-shipyard facility. The company, which…

Work on Qatar Gas Transport Company?s (Nakilat) second Q-Max LNG tanker has begun with its managing director Mohamed A Ghannam initiating the steel cutting.Nakilat has placed orders for 14 such tankers, which…

China Dalian International Corp has ordered three 57,000 dwt supramaxes at a total cost of $101m from an east China shipyard. The vessels, which will be operated through Singapore subsidiary Da Sin…

The Russian Far Eastern Shipping Co (Fesco) is jumping on the supramax-bulker bandwagon with a series of newbuildings in China. The fast expanding Russian shipping company has returned to Jinling Shipyard for…