News

Exmar has placed an order with Daewoo Shipbuilding and Marine Engineering for two more LNGRV vessels, the 6th and 7th in the series, for delivery during 2009. The vessels will be built…

In addition to clinching the three 266,000 cbm LNG carriers from Qatar Shipping, Samsung has also won orders for eight boxships. Four 4,300TEU container ships from Danaos in Greece for delivery during…

Qatar Gas Transport Company (Nakilat) is ordering six QMax LNG carriers of 266,000 cu. m capacity each. These will be the largest LNG carriers built to date with about 25% greater capacity…

ETA Shipping and Trading, part of the Dubai-based, ETA-Ascon Group, has placed an order for two 81,200 dwt super Panamax bulk carrier vessels with Japanese shipbuilder Universal Shipbuilding Corporation. Delivery is scheduled…

Singapore-based Ezra Holdings has earmarked $240 million to increase its fleet over the next two years in hopes of cashing in on strong demand for offshore support services in the oil and…

SMIT, the Dutch towage company, has reached an agreement with Damen Shipyards for the construction of 11 newly built tugs. Two of these will be type ASD 3211 tugs (65 tons bp)…

Bharati Shipyard in India has secured $112 million order from Bourbon, the French offshore, towage and salvage company, for five sophisticated offshore vessels. The French company had already placed an order with…

China Shipping Development Co. (CSD), a subsidiary of China Shipping Group, will be placing an order estimated at $748 million for eight VLCCs with Dalian New Ship Heavy Industry shipyard. Another order…

Overseas Shipholding Group (OSG) based in New York will build four 114,000 dwt Aframax tankers at the New Times Shipbuilding yard in Jinjiang, China. The vessels, scheduled for delivery in 2008 and…

Aker Yards has entered into a contract with GEO ASA for the building of a ROV support vessel at a cost of $60 million. The vessel will be built by Aker Yards…

The former shipbuilding yard at Krimpen a/d Ijssel near Rotterdam, Holland, which was closed three years ago when Van der Giessen-De Noord went into receivership, could be reactivated to provide much needed…

Having arrived at the Grand Bahama shipyard in Freeport for temporary repairs to its 150 fire damaged cabins, the ?Star Princess? will set sail later this week for the Lloyd Werft shipyard…

Mitsui OSK Lines (MOL) announced a restructuring of the company?s ship management system to enhance the company?s safety program in the light of its plan to expand its fleet from about 700…

The Dutch shipbuilder Damen Shipyards Gorinchem has secured a contract to build five 42 metre catamaran passenger ferries from the Istanbul Metropolitan Municipality, on behalf of operator Istanbul Deniz Otobusu (IDO). The…

Hanjin Shipping will, this Friday, sign a $256.4 million contract with Samsung Heavy Industries (SHI) to build four additional 4,275TEU containerships. They will be of the same capacity and type as the…

Myklebust Verft in Gursken, Norway has entered into a contract with Rem?y Management, Norway, for the delivery of a coastguard vessel, with an option for one additional unit. The vessel is a…

Earlier this week, DNV launched a maritime academy for industry professionals in Hong Kong, agreed to certify new curriculum at the ailing Hong Kong Sea School, and donated half a million HK$…

NYK Lines of Japan plans to invest $200 million over the next five years on a number of shipping and logistics projects in Viet Nam in a bid to tap what it…

Gail (India) Ltd has received response from eight national and international firms/consortiums for the expression of interest (EoI) invited by it for transportation of compressed natural gas (CNG) from Myanmar. The company…

Cruises? ?Star Princess? recently arrived at the Grand Bahama Shipyard where an examination will be carried out to assess the extent of the fire damage sustained to some 150 cabins. The fire…

The Malta Shipyards has recently secured two contracts which will keep it fully occupied until the end of this year. In the first contract, the yard won a $8.4 million job for…

Farstad Shipping ASA in Ålesund, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build two platform supply vessels at a total cost of $87 million. The…

Hyundai Heavy Industries has won an order for four VLCCs at the price of $480 million from a European ship owner. They will be delivered by June 2009.