News

The government in Bulgaria is considering its strategy for the privatization of the ?Bulgarian Marine Fleet? shipping agency. The government already approved the first draft of the strategy in the beginning of…

Negotiation between Korean shipbuilder and Japanese steelmakers reached conclusion with Japan supplying thick steel plate to Korean shipbuilder at the level of $625 per ton, a $15 hike compared with current price.…

Abu Dhabi Ship Building (ADSB), the Arabian Gulf's only specialised naval warship builder, has delivered the first of four of the UAE Navy's latest 26-metre aluminium alloy Fast Supply Vessels (FSV).These multi-role…

Rolls-Royce has further strengthened its position in South America as a supplier of designs and equipment packages for offshore vessels with contracts for six platform supply vessels (PSV) worth around £45 million,…

Canadian billionaire Peter Munk and the Moscow-based bank Avangard are the most serious potential buyers for the Adriatic shipbuilding yard Bijela according to the president of the board of directors of the…

Media reports suggest that the Indian Navy is all set to float an international bid for the acquisition and construction of a second line of conventional submarines. The navy has already contracted…

Marine Works Co Ltd has signed a partnership with the Authority of King Abdulaziz Port in Damman to build the shipyard at a cost of $80 million. Intended for the fabrication of…

Quintana Maritime Limited, based in Athens, took delivery of the 82,300 dwt bulk carrier ?Iron Lindrew? from Japanese shipbuilder Tsuneishi. Together with four other vessels, ?Iron Lindrew? is employed under a master…

The Chennai-based shipbuilder Good Earth Maritime Ltd, will build a shipyard at Cuddalore in Tamil Nadu on the East coast of India, with an investment of $228 million. The project will be…

The `Maridive ? 212` is the second AHTS vessel being delivered by ABG shipyard in Mumbai to Maridive & Oil Services in this financial year out of the total seven vessel ordered…

The ship-building and ship-repairing industry in Malaysia chalked up a commendable performance last year when exports of ships, boats, hovercrafts and floating structures rose to $945 million against $630 million in 2005.…

Sembawang Shipyard Pte Ltd, a wholly-owned subsidiary of SembCorp Mar in Singapore, has secured a contract estimated at $98 million from Bluewater Energy Services B.V. for the FPSO conversion of newbuild Aframax-size…

Peter Brotherhood Ltd, the Peterborough, UK-based steam turbine and gas compressor manufacturer, is celebrating a remarkable 2006. The company has grown significantly over the past few years and in 2006 recorded an…

Daewoo Shipbuilding completed the extension work of its launching barge which has been underway since last November. The launching barge was lengthened by 55 metres and widened by 7.6 metres and now…

Keppel Shipyard Limited (Keppel Shipyard) is on course to deliver the FPSO facility, Umuroa, to Prosafe Production (Prosafe) in March. Umuroa?s will follow the delivery of Prosafe?s other vessel, FPSO Polvo, which…

Eighteen States have signed, subject to ratification, the 2005 Protocols to the Convention for the Suppression of Unlawful Acts Against the Safety of Maritime Navigation (SUA), 1988, and the related Protocol for…

Samsung Heavy Industries has signed an order for a 1 million barrel FPSO from a Norwegian ship owner at a price of $400 million. Delivery is scheduled for January 2010 and the…

Nanjing Jinling Shipyard in China clinched six 57,000 DWT bulk carriers from Enterprise shipping at a price of $34.5 million each. Cosco Zhoushan also won three 57,300 DWT bulk carriers from INCE…

A multi-million pound steel mega yacht will be built at Appledore Shipyard in the UK before being sailed to Devonport for completion. Last year the yard, which is owned by Devonport owners…

The French oil giant Total is among 15 groups and individuals that have gone on trial today over the ?Erika? disaster. Bringing the charges are no less than 74 plaintiffs. One of…

The project for the construction of three naval ?Joint Support Ships? for the Canadian Government at a price tag of $2.1 billion is approaching decision time. On top of that, the project…

SLS Shipbuilding in South Korea signed an MOU on the construction of a block factory in Gunsan. The shipbuilder will invest $181 million to construct the factory which will be completed by…