News

Jiangsu Yangzijiang Shipbuilding recently revealed in its financial statement for the first half of 2009 that it has agreed to postpone delivery dates for 18 newbuildings for maximum of two years, and…

The current status of new class rules and complementary solutions for safer operation of offshore service vessels (OSVs) were presented by Germanischer Lloyd's Helge Rathje at the 3rd International Conference on Technology…

According to Lloyds List, analysts believe the price of Chinese newbuildings will continue to decline in the second half of this year despite a 33% surge in the country's steel price between…

Historically, Odense Steel Shipyard (Lind?) has had a very special role in the A.P. Moller - Maersk Group.Due to the expansion of shipbuilding capacity in low cost countries in the Far East…

Nakilat, the Qatar Gas Transport Company, plans to start building commercial and leisure vessels in the first half of next year in a venture with Damen Shipyards Group BN of the Netherlands.…

A shipyard that has laid claim to be the largest in the world in terms of physical size began operation at Changxing Island in Dalian, a coastal city in northern China. STX…

The Louisiana-based Edison Chouest Offshore plans to design and build a series of twelve 91m, 5,300 dwt deepwater diesel-electric platform supply vessels (PSVs). Currently Chouest is building twelve PSVs based on its…

Fincantieri has won orders worth a total ?250 million to build a corvette for the United Arab Emirates Navy and a fleet tanker for the Indian Navy. The contract for the 88…

In July another offshore vessel series, designed by the Seattle-based naval architect firm Guido Perla & Associates (GPA), was completed at the Zhejiang Shipyard, part of the Sinopacific Shipbuilding Group, in China…

TKMS Blohm + Voss Nordseewerke in Emden, a company of ThyssenKrupp Marine Systems, has delivered a new vessel for the German Customs Administration. Named 'Helgoland', the 50 m long twin-hull SWATH vessel…

Athens-based TOP Ships Inc. has taken delivery of the 50,000 DWT product / chemical tanker "HONGBO" from SPP Plant & Shipbuilding Co., Ltd in South Korea. The "HONGBO" is the last of…

The Brazilian iron ore producer Vale SA, is considering building 400,000 DWT ore carriers for its own fleet to serve the growing Chinese market and cut costs. Vale?s fleet has helped the…

UK-operated shipbuilder FBMA Marine in Cebu, Philippines has "ceased operations", although it is still looking for new orders to stay in business. "We have stopped operations, but we have not closed down,"…

Germany's Wadan Yards will receive two loans totalling ?20.5m ($28.8m) from the government of Mecklenburg-Western Pomerania. The money will be used to set up two transitional companies for the 2,400 employees of…

Industry sources say that four companies have purchased the five cancelled 32,000 DWT handysize bulker newbuildings which Cido Shipping had ordered from Namura Shipbuilding's Hakodate yard in Japan. NYK Bulkship is taking…

Philippine shipbuilder Colorado Shipyard Corp., which invested P1.04 billion for its facility in Cebu, has sold its first catamaran, a 33-meter aluminium vessel, to Demining International. This newbuilding has a service speed…

Malta Shipyards chief executive Christopher Bell has relinquished his post and reportedly left the island in search for new pastures, after government refused to renew his contract. A spokesman for the Ministry…