News

Dubai-based ETA-Ascon Group is studying the possibility of developing a ship repair facility that will serve its growing fleet of bulk carriers. "We are looking at starting with a build, operate and…

The Australian Marine Complex (AMC) in Henderson, Western Australia is set to receive a $136 million infrastructure boost from the state government. A new floating dock will be constructed with the funds…

Chemring Group PLC announces that it has agreed a conditional sale of its McMurdo electronics business to Signature Industries Limited, manufacturers of the SARBE Emergency Location Beacons. McMurdo manufactures and supplies emergency…

The Hamburg-based TUI, Europe's leading travel and tourism group, has plans to strengthen its activities in this area. The company is currently active in the top end of the cruise holiday market…

Mumbai-based ABG Shipyard has secured an order for construction of a vessel at a price of $21.7 million from the Dutch shipping company Vroon Offshore. The 78m diving support vessel will be…

The Port of Marseilles Authority is seeking bids for the use of drydock No. 10 ? one of the world?s largest at 465 x 85 metres ? and the surrounding site of…

Daesun Shipbuilding in South Korea has clinched two chemical tankers from a European ship owner. They will be delivered by November 2009

Aker Yards has signed a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of a 120 metre DP3 offshore construction vessel (OCV) at a cost of $80 million.…

Carnival Corporation has exercised an option for a new 130,000gt cruise ship for its Carnival Cruise Lines brand at an estimated all-in cost of $740 million.The new 3,652 lower passenger berth capacity…

Jinling Shipyard in China is rumoured to have won an order for eight 17,700DWT multi purpose ships from Spliethoff in the Netherlands. They will be delivered from November 2008 to December 2009.…

NACKS in China delivered a 300,000DWT VLCC to Cosco named ?Cosmerry Lake?. Ship particulars are 333m in length, 60m in breadth and 29.5m in depth.

Petróleo Brasileiro S.A. (Petrobras) has awarded Stavanger-based Prosafe a charter contract for the supply and operation of a gas FPSO to operate offshore Brazil. The firm period of the contract is nine…

The strategic independence of Germanischer Lloyd (GL) has been saved following a shareholders' meeting. The executive board of the Hamburg-based classification society announced the successful defence against the hostile takeover bid by…

India is looking to acquire up to seven stealth frigates, along with some level of joint development and technology transfer. The Request for Information (RFI) has reportedly been issued to about 12…

Venezuela's state oil company (PDVSA) has signed a deal with Brazilian industrial conglomerates Eisa and Maua Jurong to build ten oil tankers in Venezuela. The joint venture will produce at least eight…

India is to begin assembling Franco-Spanish Scorpene attack submarines as part of plan to boost its naval power and military-industrial know-how. Production started this week at the Mumbai-based Mazagaon Dock naval shipyard.…

The International Bunker Industry Association (IBIA) has presented a paper to IMO?s Maritime Safety Committee (MSC) advising that current proposals relating to the mandatory supply and carriage of Material Safety Data Sheets…

Wärtsilä in Finland and the German company Becker Marine Systems have entered into a co-operation agreement on the optimization of ship propulsion systems. Hamburg-based Becker Marine Systems has annual net sales of…

The number of 110,000dwt Aframax crude oil tankers currently under construction for Navigazione Montanari S.p.A. has risen to six.The Italian company has commissioned the construction of another two 110,000dwt crude oil tankers…

Keppel Singmarine in Singapore has clinched a $88 million contract to build a Floating Storage Offloading system (FSO) unit for Lukoil ?Nizhnevolzhskneft (LUKOIL-NVN), a subsidiary of the Russian oil company, Lukoil Oil…

Northrop Grumman Corporation and Aluminum Chambered Boats, Inc. (ACB), both in the US, have signed a memorandum of understanding to explore future combat system requirements and capabilities for the U.S. Navy's anticipated…

Islamic Republic of Iran?s Shipping Lines (IRISL) is negotiating with Iran Marine Industrial Co. (SADRA) over the building of four general cargo ships. The National Iranian Tanker Co., Caspian Oil Co. as…

Bulgarian shipbuilder MTG Delfin has opened a new shipyard in the port of Varna, on the Black Sea. The 7.9 ha. Region 2 shipbuilding and repair facility, the second in the Varna…