News

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…

The Harland & Wolff shipyard in Belfast is seeking to enter the ?green recycling? market, after applying for a licence to scrap ships and offshore installations.The yard, which built the ?Titanic?, has…

The Sevmash naval shipyard and Russia's Atomic Power Agency signed a contract to build the world's first floating nuclear reactor. The $336 million reactor will be built by the Sevmash plant in…

Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co Ltd is the builder of the LNG carriers, considered the most technologically demanding ship. The ship, costing US$160 million, is 292 meters long and 43.35 meters wide.…

MOL (Mitsui OSK Line) has announced plans to construct 43 new iron ore carriers to meet anticipated long-term growth in demand for ore transport. In a construction period from April 2006 until…

Australian fast ferry builder Incat has won orders for two 112m long craft from Japan?s Libera Corp.Incat?s largest units to date, the two new catamarans, for delivery in June 2007 and mid…

Wärtsilä has announced that it is to supply machinery to two ro-ro passenger ferries and a cruise ferry.The two ro-ro ferries are high-speed units for Norwegian company Color Line AS, building at…

Pakistan has placed a $ 600-million defence deal with China, which includes construction of four F-22P frigates for the Pakistani Navy, upgrading of the Karachi dockyard and transfer of technology for indigenous…

The Baltic Sea became a Sulphur Oxide Emission Control Area (SECA) as from 19 May 2006. Ships entering the Baltic Sea are now required only to use marine fuels with a sulphur…

Singapore based shipbuilder Pan-United Marine Limited has clinched a $49.5 million contract from Coastline Maritime Pte to construct a specialized offshore diving support vessel at its Batam shipyard in Indonesia. The value…

Ulstein Verft AS has signed a contract with Olympic Shipping AS in Fosnavåg to build yet another large, multifunctional subsea vessel, model Ulstein P101 designed by Ulstein Design AS. Olympic contracted a…

Following the earlier announcement that Aker Yards and ALSTOM intend to join forces in shipbuilding, a new company has now been established to which Chantiers de l'Atlantique will transfer its employees, assets…

The order book position of the Indian shipyards stands at $2.2 billion at present and is expected to improve further according to T.R. Baalu, minister for shipping, road transport and highways. In…

The Finnish chartering and operations company Meriaura Oy will add into its fleet a new type of multipurpose deck cargo vessels ordered from the Polish shipyard, Remontowa. The vessels are designed for…

Dayang Shipbuilding in Yangzhou, China, has won an order for six 53,000 dwt handymax bulk carriers from IRISL in Iran at a cost of $29.5 each. First of six will be delivered…

After three years of planning, the Danish-Vietnamese joint venture Aalborg Industries Vietnam opened a new production plant in the northern port city of Haiphong's An Hong Marine Industrial Zone, one of the…

Volgograd Shipyard, a subsidiary of MNP Group, concluded a contract with the Swedish shipping company Catfish Forvaltning for the construction of two class II chemical tankers under project 4450. The contract includes…

Kleven Verft in Ulsteinvik, Norway, has entered into contract with Norwegian ship owner REM Maritime for the construction of an advanced Rolls-Royce offshore vessel. The value of the contract is approximately $49…

Sovcomflot, Russia's largest state-owned shipping company, and Admiralteyskiye Verfi (Admiralty Shipyards), the St. Petersburg-based shipyard, have concluded and signed a $350 million deal for the construction of two arctic shuttle oil tankers,…

The owner of the country's two largest military shipyards has said the government wants to acquire both firms and that state arms trader, Rosoboronexport, was in talks to buy them. The Severnaya…

Guangzhou Wenchong Shipyard in China clinched a 1,700TEU container ship from Schoeller Holdings Ltd. The new order is the fourth ship ordered from the German ship owner. Price and delivery were not…

Singapore-based Keppel FELS Ltd (Keppel FELS) has secured a contract to build a repeat ultra deepwater semi-submersible drilling platform for A.P. M?ller - M?rsk at a cost of $263 million. This order…

Russia is to sell two 636 Project submarines to Algeria for $400 million. Vladimir Alexandrov, director general of Admiralty Shipyard, said the contract is to be signed in June. The deal was…