News

Aker Yards has signed an agreement with Kleven Maritime to acquire Kleven Flor? AS, and Kleven Design AS, both located in Flor?, Norway, at a cost of NOK 60 million including debt,…

Venezuelan state-run oil giant PDVSA confirmed its plans to order two oil tankers from an Argentine shipyard, following claims in Buenos Aires that such a project announced in July 2004 came to…

Shina Shipbuilding in South Korea clinched an order from Polyar Tankers for two 49,700 dwt product carriers for delivery during 2009. The contract has two options attached.

DNV has launched its new Nauticus Hull Software, which provides unique support for the Common Structure Rules (CSR) for both tankers and bulk carriers, only two months after the rules came into…

Samsung Heavy Industries has secured an order for a semi-submersible drilling rig from a European ship owner and an FPSO from an Asian ship owner. The $481 million rig is slated for…

South Korea's seven major shipbuilders, which delivered 38% of the world's vessels in 2005, may raise the price of new ships by 5% to take advantage of record orders and protect their…

The Hamburg based shipping company E.R. Schiffahrt, which is part of the Nordcapital Group, Hamburg, has put another container ship into service recently. Named ?E.R. Toulouse?, the latest addition is a super-post-Panamax…

Tianjin Xingang Shipyard has received an order for a third rail ferry ship from China Rail. The first ferry will be delivered on July 8 this year with the second unit following…

STX Shipbuilding clinched four 38,000 dwt product carriers from MISC at a total cost of $190 million for delivery from 2009 to 2010.

In the covered building dock of Meyer Werft in Papenburg, the first of a total of 67 steel blocks of the new 93,500 gt cruise vessel for Norwegian Cruise Lines (NCL) was…

Vinashin officials said that hot weather caused the failure to launch the 10,500 dwt ?Sun Island? tweendecker dry cargo ship at its Bach Dang shipyard in northern Hai Phong city.The 110 metre…

Government owned Shipping Corporation of India (SCI)is planning to spend around $1.4 billion on acquisition of 35 vessels in 2006/07. The company, which already owns around 82 ships mostly bulkers and tankers,…

Iranian shipbuilder SADRA is reported to have signed a deal with Belgium's Exmar to build 10 LNG carriers to export Iranian liquefied natural gas even though Iran's efforts so far to produce…

NYK Line in Japan has ordered a 90,000DWT bulk carrier from Oshima Shipbuilding for delivery of March 2007. Ship particulars are 235m in length and 43m in breadth. When delivered, the new…

The Canadian navy hopes that the new supply ships the government is planning to buy will be built in the country. Rear Admiral Dan McNeil said the Joint Support Ships contract, expected…

The Venezuelan state oil firm Pdvsa's marine affiliate PDV Marina is initialing a purchase agreement to buy from Brazilian shipyard Eisa Maua Jurong eight Panamax tankers and two others products tankers. Negotiations…

Admiralty Shipyard in Russia recently launched the product tanker ?Tavrichesky Bridge? built to the order of Sovcomflot JS?. The 47,400 dwt newbuilding is 182.5 metres long, 32.5 metres wide, and has a…

Golden Ocean Group exercised an option for a third ice-class Panamax tanker at Jiangsu Rong Sheng Heavy Industries. The 75,000dwt vessel will be delivered during 2008 at a cost of $34.5m.

Aker Yards and Damen Shipyards Group are planning to establish a joint venture owning the Damen Shipyards Okean yard in Mykolayiv, Ukraine. The plans will contribute to an increased steel- and shipbuilding…

The Saudi Arabian shipping company National Chemical Carriers (NCC) awarded a $300 million contract for six 45,000 dwt chemical tankers to Shina Shipbuilding of Korea for delivery in 2009-10. The six newbuildings…

ABG Shipyard in Surat, India, has bagged a $21 million order for construction of a diving support vessel, from Netherlands-based Vroon Offshore BV. The contract includes an option for a similar vessel.…

Zim, the Israeli shipping company, has ordered eight container ships, four 8,200 TEU and four 10,000 TEU vessels, from the Hyundai Shipyards in Korea. The deal is worth $1 billion and Zim…

Aker Yard's Rauma shipyard in Finland recently christened the first of three ice class 1A Super containerships ordered by Baltic Container Shipping and is to be managed by Rederi AB TransAtlanti. The…