News

Korea Line has ordered a 105,500DWT tanker from an unspecified shipbuilder outside South Korea. Contract price is $60 million with delivery during first half of 2008. This is the first time this…

Aker Yards has entered into a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of two large construction vessels, with an option for two sister vessels. The value…

Petroleum Geo-Services ASA (PGS) in Norway has signed an agreement to build a new third generation Ramform vessel at Aker Yards, Langsten. The agreement is subject to satisfactory completion of a final…

Qingdao Hyundai Shipbuilding in China has completed the construction of its first ship since its establishment. The shipbuilder finalized sea trial of a 6,000DWT multi-purpose ship ?Finnland? ordered from Navalis. Ship particulars…

Hyundai Heavy Industries has completed another ship block factory in Ulsan at a cost of $186 million and will have an output of 110,000 tonnes per year.

A delegation from Kuwait Oil Tankers Company (KOTC) will visit China and Japan to evaluate companies that could qualify to build six new tankers for the company. The company plans to build…

Keppel Offshore & Marine Ltd (Keppel O&M) has signed a letter of intent with Qatar Gas Transport Company Ltd. (QGT) to jointly develop and manage a major new facility in the Port…

The Broström fleet will expand by a further six 17,000 DWT product and chemical tankers to be built in Turkey under an extended co-operation with the partner Dünya Shipping in Istanbul. The…

The U.S. Coast Guard (USCG) has certified Northrop Grumman Corporation as an authorized annual service provider for shipboard voyage data recorders (VDRs). The certification was awarded to Northrop Grumman?s Sperry Marine business…

Sealion Shipping in England has, on behalf of Toisa Ltd, placed an order with the Kleven Verft Yard in Ulsteinvik, Norway, for the construction of a new, large IRM class, saturation diving…

Barwil Unitor Ships Service has introduced a new concept at Seatrade Cruise Shipping 2006, the 3G air filter and tobacco smoke eraser. It is intended for public, indoor spaces and removes practically…

Kawasaki Kisen Kaisha, Ltd. ("K" Line) has introduced a newly-revised interim management plan to be known as "K" LINE Vision 2008+, which starts from fiscal year 2006, and involves embarking on an…

MSC Cruises has confirmed an order to Chantiers de l?Atlantique for the construction of a 1,275 cabin cruise ship similar to the two ?MSC Musica? class. The Panamax sized newbuilding will be…

Specialist shipbuilder FBMA Marine Inc (FBMA) and naval architects BMT Nigel Gee and Associates Ltd, a subsidiary of BMT Ltd, have announced the signing of a licence agreement allowing FBMA to market…

Hyundai Samho Shipyard clinched an order for six 318,000 DWT VLCCs from the National Shipping Company of Saudi Arabia (NSCSA) worth $720 million. Two of six are options. Ship particulars are 333m…

Denmark?s Clipper Group has signed a contract with Vietnam Industry Shipbuilding Corporation (VINASHIN) to build ten 4.600 DWT multi-purpose vessels at Ben Kien Shipyard in Northern Vietnam. The first ship is expected…

DNV has been contracted to class two new VLCCs for Bergesen World-Wide Shipping. The newbuildings will be built at Bohai Shipyard and will the largest tankers ever built in China as well…

Bluesky LNG Corporation, the Asia-based LNG owner, has ordered a second giant tanker from Daewoo Shipbuilding & Marine Engineering (DSME). Bluesky?s first tanker, the 145,700 cbm ?Bluesky?, is nearing completion at DSME?s…

Samsung Heavy Industries in Korea has secured a deal with Stena Drilling to build a drill ship worth in the region of $550 million. The vessel is slated for delivery in June…

Bourbon has signed a contract with Zhejiang Shipbuilding in China concerning the construction of four ULSTEIN P105 platform supply vessels. Ulstein Design AS will deliver the design and major equipment for the…

DML in Devonport, UK, has given advance warning of 90 potential job losses at Appledore shipyard, which it took over from receivership in 2003. Jobs are likely to go progressively from early…

Kjell Inge R?kke of Aker Yards is reportedly interested in buying the former Lenin shipyard in Gdansk, Poland, where the Solidarity movement started back in 1980. Although the yard is for sale,…